New Build & Resale Penthouses for Sale in Mijas Costa
Discover an exclusive selection of new build and resale penthouses for sale in Mijas Costa, a sought-after coastal area offering stunning panoramic sea views, modern amenities, and excellent lifestyle options. Perfectly positioned between Fuengirola and Marbella, Mijas Costa combines relaxed coastal living with easy access to golf courses, beaches, international schools, and shopping centers. New build penthouses in Mijas Costa feature contemporary design, spacious open-plan layouts, large terraces or rooftop solariums, private pools, and premium finishes. Many developments offer resort-style facilities such as communal pools, landscaped gardens, 24-hour security, and private parking. Resale penthouses provide an attractive alternative with mature settings, generous living spaces, and often breathtaking views. Whether you’re searching for a permanent residence, holiday home, or high-yield investment, penthouses in Mijas Costa deliver luxury and convenience in a prime location. Experience the best of the Costa del Sol lifestyle with a penthouse in Mijas Costa — combining elegance, comfort, and spectacular sea vistas.
FREQUENTLY ASKED QUESTIONS
What types of properties are available in Mijas Costa?
As a large area developed over several decades, Mijas Costa offers one of the most diverse property portfolios on the coast:
- Apartments and Penthouses: This is the most common property type, found in hundreds of gated communities. You can find everything from affordable holiday apartments to luxurious, modern penthouses with panoramic sea views.
- Townhouses: Extremely popular with families and full-time residents, townhouses are widely available, often in communities with large gardens and multiple swimming pools.
- Villas: There is a vast selection of independent villas, ranging from older, traditional-style homes on generous plots in areas like upper Calahonda to brand-new contemporary villas closer to the golf courses.
What is the average price range for homes in Mijas Costa?
Mijas Costa is renowned for offering excellent value for money, making it a very accessible part of the Costa del Sol. Prices are generally more affordable than in Marbella or its own popular village, La Cala de Mijas. As of mid-2025, you can expect the following approximate price ranges:
- 2-Bedroom Apartments: €220,000 – €550,000+. The lower end represents an older property needing updates, while the higher end is for a modern, sea-view penthouse.
- Townhouses: €300,000 – €650,000+
- Villas: Starting from around €600,000 for an older villa, with modern or larger properties typically ranging from €800,000 to over €1,500,000.
Can non-EU citizens buy property in Mijas Costa?
Yes, absolutely. Spain’s property laws welcome buyers of all nationalities, and the purchase process is identical for everyone.
The Spanish "Golden Visa" program is a relevant option for those purchasing higher-end properties or villas in the area that meet the €500,000 investment threshold. This can provide a residency permit for the non-EU investor and their family.
What additional costs should I budget for besides the purchase price?
You must budget an additional 10% to 14% of the purchase price for taxes and fees. Mijas Costa is predominantly a resale market, making the ITP tax the most common.
- For Resale Properties:
- Property Transfer Tax (ITP - Impuesto de Transmisiones Patrimoniales): 7% of the purchase price in Andalusia.
- For New-Build Properties:
- VAT (IVA - Impuesto sobre el Valor Añadido): 10% of the purchase price.
- Stamp Duty (AJD - Actos Jurídicos Documentados): 1.2%.
- For All Properties:
- Notary & Land Registry Fees: A combined total typically ranging from €1,400 to €4,000.
- Legal Fees: Approximately 1% of the purchase price (+ 21% VAT on the fee).
Is financing available?
Spanish banks typically lend up to 70 % of the purchase price to non-resident buyers (sometimes 80 % for EU citizens). Mortgage terms of 20–25 years are common; interest rates vary with the Euribor benchmark.
What are typical community fees?
For developments with shared facilities (pools, gardens, gyms), expect €60 – €200 per month, depending on amenities and property size.
What’s the buying timeline?
From making an offer to getting keys in hand typically takes 6–10 weeks, assuming financing and paperwork proceed smoothly.
Any tips for first-time buyers?
- Visit in different seasons to gauge climate and community.
- Budget a 10 % contingency for unexpected costs.
- Hire an independent lawyer (abogado) to review contracts.
- Consider resale potential—properties with sea views and proximity to golf often hold value best.
What are the best places to buy properties on the Costa del Sol?
From the luxury villas of Marbella and the marina-side glamour of Puerto Banús, to the charming old town of Estepona and the family-friendly beaches of Mijas Costa (with strong rental yields), plus the tranquil, value-priced hillside villages of Benahavís, Casares, Sotogrande and Manilva.
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Rhead Estates Contact
Name: Rhead Estates
Address: Unit 29 Plaza Blanca, 11310 Sotogrande, Cádiz, Spain
Email: natalie@rheadestates.com
Phone: +34 711 06 22 28