New development · Costa del Sol · Mijas

RESIDENCIAL COTO HOMES

€320,000 to €490,000

1 to 3 beds · 75 to 147 m² built · Est. completion 2028-09-30

Ref HT5228662

Updated daily · Last sync 2026-06-14T21:50:31.567805+00:00

About this property

Overview

RESIDENCIAL COTO HOMES is a new development of 1 to 3-bedroom middle floor apartments for sale in Mijas, Costa del Sol, priced from €320,000 to €490,000. The project emphasises terrace space and natural light, with units designed around outdoor living rather than simply adding balconies as an afterthought. Planning permission was requested in September 2025, positioning this as an off-plan opportunity in a municipality where new build stock remains limited relative to demand from northern European buyers seeking year-round sunshine and lower entry prices than Marbella or Estepona.

Built sizes range from 75 m² for one-bedroom units to 147 m² for three-bedroom apartments, with bathroom counts matching bedroom configurations across the range. Each apartment includes a terrace designed to capture sunlight throughout the year, extending the usable living area beyond the interior footprint. The development includes a communal swimming pool, storage rooms, and dedicated parking spaces for both cars and motorcycles. The architecture prioritises functionality and light, with layouts that connect indoor and outdoor spaces rather than treating terraces as secondary features.

Mijas occupies elevated terrain above the coastal highway, offering a middle ground between the beach towns and the inland villages. The historic Mijas Pueblo, with its whitewashed streets and mountain views, is approximately 15 minutes by car from the coast at La Cala de Mijas. Buyers here tend to be a mix of permanent residents seeking value outside the premium coastal strip and second-home owners who prioritise space and community amenities over immediate beach access. The town has developed a substantial year-round international population, particularly from Scandinavia and the UK, which supports a reliable rental market for investors. Road access involves navigating the A-7 coastal motorway or the inland routes, which can be congested during peak summer months and weekday commuter hours.

This is an off-plan purchase. The standard Spanish payment structure applies: a reservation deposit secures your unit, followed by stage payments tied to construction milestones, with the balance due on completion and key handover. All amounts and payment schedules must be confirmed directly with the developer. Independent legal representation is essential to review contracts, verify planning permissions, and ensure all payments are protected under Spanish property law. Storage rooms and motorcycle parking are included in the specification, which is relatively uncommon at this price point on the Costa del Sol.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • South facing

Property details

Specifications

Reference
HT5228662
Property type
Middle Floor Apartment
Bedrooms
1 to 3
Bathrooms
1 to 3
Built area
75 m² to 147 m²
Terrace
10 m² to 20 m²
Price range
€320,000 to €490,000
Completion
2028-09-30
Pool
Yes
Garden
Yes
Garage
Yes
South facing
Yes
City
Mijas
Coast
Costa del Sol

What's Nearby

Playa de los Boliches
7 mindrive
Campo Los Lagos
10 mindrive
Puerto Deportivo de Fuengirola
8 mindrive
St Anthony's College
13 mindrive
Colegio San Francisco de Asis
3 mindrive
ALDI
7 minwalk
Carrefour
5 mindrive
Supercor
6 mindrive
SPAR
6 mindrive
Hospital Vithas Xanit International
14 mindrive
Farmacia Baus
7 minwalk
Centro Nórdico
4 mindrive
Fuengirola
8 mindrive
8 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
33 mindrive
Mountain side, north of the coastal road (A-7), hillside setting.

Location

Mijas

Location shown is the development site. This development is in MijasCosta del Sol.

Residencial Coto Homes sits above the AP-7, towards the mountains in Mijas. Playa de los Boliches is just 7 minutes by car away, making beach days easy. Málaga Airport is 33 minutes' drive, so getting to and from the coast is straightforward. The ALDI supermarket is walkable at 7 minutes on foot, and Campo Los Lagos golf course takes 10 minutes to reach. Fuengirola town centre with its marina and restaurants is 8 minutes away by car. This location suits families who want mountain-side living with quick access to the beach and all coastal amenities.

18 questions answered

RESIDENCIAL COTO HOMES: Frequently Asked Questions

The price at RESIDENCIAL COTO HOMES covers the apartment itself, a private garage, and access to either a private or communal pool depending on your unit. Most apartments also include a private garden space, which is a real bonus for outdoor living on the Costa del Sol.

RESIDENCIAL COTO HOMES is situated in Mijas on the Costa del Sol, one of the most sought-after coastal areas in southern Spain. The location offers easy access to beaches, local amenities, and the broader Costa del Sol lifestyle while maintaining a residential feel.

RESIDENCIAL COTO HOMES offers three bedroom configurations: 1-bedroom units from 75 m², 2-bedroom units around 110 m², and 3-bedroom units up to 147 m². Prices range from €320,000 for the smaller apartments to €490,000 for the larger three-bedroom homes.

All apartments at RESIDENCIAL COTO HOMES benefit from south-facing orientation, which means maximum natural light and warmth throughout the day. This is especially valuable in Mijas, where you'll enjoy sunshine year-round and lower heating costs.

RESIDENCIAL COTO HOMES is expected to be completed in September 2028, giving you a clear timeline for your investment. This allows time for quality construction while you can secure your unit now at current pricing.

Buying off-plan in Mijas means reserving a property before or during construction. You pay a reservation deposit (typically €6,000 to €12,000), then sign a private purchase contract within 30 days and pay a further 10 to 20% of the purchase price. Staged payments follow the construction milestones. The final 60 to 70% is paid at notary completion when the keys are handed over.

Under Spanish law (Law 57/1968 and its 2015 successor), all off-plan deposits must be covered by a bank guarantee or insurance policy. Your lawyer must verify this before you pay any money. If the developer fails to deliver, you can claim 100% of your deposit plus 6% annual interest. Never transfer funds without a confirmed guarantee in your name.

Spanish law mandates three tiers: a 10-year structural guarantee (Seguro Decenal) for serious structural defects, a 3-year guarantee for habitability issues (waterproofing, insulation, installations), and a 1-year guarantee on finishes and fixtures. These run from the date the licence of first occupation (licencia de primera ocupación) is issued.

New-build purchases are subject to 10% IVA (VAT) on the purchase price, plus 1.2% AJD (stamp duty) in Andalucía. Parking spaces or storage sold separately may attract 21% IVA. Add notary, land registry and legal fees (1 to 2%), budget 12 to 15% on top of the purchase price in total acquisition costs.

Most developers allow personalisation during the early construction phase, choices of floor tiles, kitchen units, bathroom fixtures, paint colours and sometimes layout tweaks. The window for changes is typically 3 to 6 months after signing the contract. Structural changes are rarely possible once work has started. Your sales representative will provide a customisation deadline and specification sheet.

Typical build time in coastal Spain is 18 to 30 months from licence grant to completion. Delays of 3 to 6 months are common due to weather, supply-chain or permit issues. Your contract should specify a longstop completion date and the compensation you are owed for any overrun. Always check whether the building licence has already been granted before reserving.

Key due-diligence points: (1) confirm the building licence is granted, not just applied for; (2) verify all deposits are bank-guaranteed in your name; (3) check the developer's track record and financial standing; (4) review the specification sheet and what is included in the price; (5) confirm the estimated completion date and longstop clause; (6) have an independent Spanish lawyer review the contract before you sign anything.

Yes, both are required before the final notary signing. You can reserve with a passport, but your Spanish NIE (foreigner tax number) is needed for the private purchase contract and your Spanish bank account for the staged transfers. Your lawyer can obtain your NIE with a power of attorney in 2 to 4 weeks. Open the bank account on your first trip to Spain or remotely via certain Spanish banks.

Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.

Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.

Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.

Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.

In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.

Market context

How it sits in the market

Live €/m² comparisons from current inventory of similar middle floor apartments in the same city.

This Middle floor apartment

€4,267 / m²

€4,267 × 75 m² = €320,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Mijas

    14 active listings

    €5,349 / m²20% below market

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RESIDENCIAL COTO HOMES

Mijas · From €320,000 · 1 to 3 beds · Completing Q3 2028

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