New development · Costa del Sol · Mijas

Aalto Residences

€1,475,815 to €2,128,830

3 beds · 268 to 387 m² built · Est. completion 2027-09-01

Ref HT4600315

Updated daily · Last sync 2026-06-14T21:50:28.99193+00:00

About this property

Overview

Aalto Residences is a new development of 3-bedroom townhouses for sale in Mijas, Costa del Sol, priced from €1,475,815 to €2,128,830. The architecture takes its cues from Scandinavian design principles, with rooflines that follow wave-like forms rather than the standard flat or pitched profiles common to most Costa del Sol townhouse schemes. Each home is positioned south-facing to maximise natural light and capture sea views across the coastline. At this price point, the development sits at the upper end of the Mijas townhouse market, competing with detached villas in neighbouring areas.

Built sizes range from 268 m² to 387 m², with all homes configured as three-bedroom, two-bathroom layouts. The larger footprint allows for roof terraces in addition to ground-level outdoor space, giving buyers two separate areas for different times of day or uses. Underfloor heating runs throughout each property, which is unusual for a coastal development and adds comfort during the cooler months from November through March. Kitchens and bathrooms are fitted with named European brands, though specific manufacturers will be confirmed during the reservation process. The development includes a communal pool and sits adjacent to a green zone intended for landscaping and pedestrian paths, though the final design of this area will depend on municipal approvals.

The development is located in Riviera del Sol, a residential area on the eastern edge of Mijas that attracts a mix of Northern European retirees and families seeking year-round living outside Marbella's higher-density zones. Puerto Banús marina is 20 minutes by car, which makes this location more practical for buyers who prioritise space and budget over immediate proximity to Marbella's commercial centre. Málaga airport is 25 minutes in the opposite direction. A car is necessary here, as the area lacks the walkable infrastructure of towns closer to the coast. Local amenities include a golf course, tennis and padel facilities, and a children's playground, all within a short drive. The beach requires a five-minute journey by car rather than being within walking distance.

This is an off-plan project, so completion timelines and stage payment schedules must be confirmed directly with the developer before any commitment. Standard Spanish new build transactions typically require a reservation deposit to secure a unit, followed by stage payments tied to construction milestones, with the balance due on completion when keys are handed over. Buyers should instruct an independent Spanish property lawyer to review the purchase contract and payment structure before signing. The inclusion of underfloor heating throughout adds a layer of specification not always present in coastal developments, which may appeal to buyers planning to occupy the property during winter months.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Sea view
  • South facing

Property details

Specifications

Reference
HT4600315
Property type
Townhouse
Developer
RESIDENCIAL B
Bedrooms
3
Bathrooms
2
Built area
268 m² to 387 m²
Terrace
140 m² to 291 m²
Plot size
216 m² to 748 m²
Price range
€1,475,815 to €2,128,830
Completion
2027-09-01
Pool
Yes
Garden
Yes
Garage
Yes
Sea view
Yes
South facing
Yes
Area
Riviera del Sol
City
Mijas
Coast
Costa del Sol

What's Nearby

Playa de Calahonda - Calahonda
16 minwalk
Cabopino golf
10 mindrive
Puerto Cabopino
10 mindrive
St Anthony's College
20 mindrive
Colegio de Educación Infantil y Primaria Jardín Botánico
10 mindrive
Carrefour
9 minwalk
ALDI
11 mindrive
Dia
12 mindrive
Urgencias Hospital Costa del Sol
16 mindrive
Parafarmacia
9 minwalk
Centro Commercial Los Olivos
4 mindrive
Fuengirola
19 mindrive
16 restaurants & bars
within 12 minwalk
Málaga Airport (AGP)
39 mindrive
Beachside, south of the coastal road (A-7), close to the Mediterranean.

Location

Riviera del Sol, Mijas

Location shown is the development site. This development is in Riviera del SolMijasCosta del Sol.

Aalto Residences sits on the sea side of the AP-7 in Riviera del Sol, with Playa de Calahonda just a 16 minute walk away. Málaga Airport is 39 minutes by car, making it convenient for frequent travellers. You can reach Carrefour supermarket in 9 minutes on foot for daily essentials, and Cabopino golf is a 10 minute drive if you play regularly. The area suits families who want beach access without being isolated, as well as golfers and anyone who travels frequently through Málaga.

18 questions answered

Aalto Residences: Frequently Asked Questions

Aalto Residences townhouses range from €1,475,815 to €2,128,830, depending on the specific unit and finishes you select. The price includes the built property with sea views, a private garden, private garage, and access to either a private or communal pool depending on your chosen unit. All Aalto Residences properties benefit from the south-facing orientation which maximizes natural light and views throughout the day.

Aalto Residences is located in Riviera del Sol on the Costa del Sol, a well-established coastal area with direct beach access and a range of local amenities. The location offers proximity to restaurants, shops, and golf courses, while maintaining a residential feel away from the busier tourist centers. You're within easy reach of Marbella and other Costa del Sol destinations.

All units at Aalto Residences are 3-bedroom townhouses with built sizes ranging from 268 m² to 387 m², allowing you to choose based on your space requirements and budget. The larger units offer more generous living areas and garden spaces while maintaining the same quality finishes and sea view orientation.

Aalto Residences offers south-facing orientation with sea views from the properties, private gardens, private garages, and a choice between private or communal pools depending on your unit type. The combination of these features, along with the beachfront location in Riviera del Sol, creates a lifestyle-focused development designed for both relaxation and investment.

Aalto Residences is expected to be completed in September 2027, giving you a clear timeline for your investment. This allows time for the developer RESIDENCIAL B to ensure quality construction and finishing of all properties in the development.

Buying off-plan in Riviera Del Sol 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.

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Aalto Residences

Mijas · From €1,475,815 · 3 bed · Completing Q3 2027

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