Off-plan · current release

Milabeka

Málaga · Málaga · Ref: RDEV2549

Prices from

€560,000

Available

9 of 10

Bedrooms

2–3en-suite

Delivery

3rd Quarter 2028

Type

Apartments

Size from

87 m²

Total homes

10 homes

Phase

Off-plan

Get more information → 💬 WhatsApp us

Licensed agency · est. 2017 AIPP member 500+ active developments

Project lifecycle

Coming soon

You are hereOff-plan~32% saving

With licence

Under construction

Completed

Roccabox · the editorial

Milabeka, in context.

Milabeka is a boutique development of ten contemporary apartments on Calle Milagrosa, in one of Málaga's western coastal districts, roughly 200 metres from Playa de la Misericordia. It is aimed at buyers who want the density and services of the city paired with genuine proximity to the sea.

The scheme offers two- and three-bedroom homes ranging from 87 to 123 m², each with two bathrooms, priced from €560,000 to €1,330,000. Interiors specify Porcelanosa finishes, designer kitchens, double-glazed windows with electric blinds and aerothermal climate systems. The signature communal space is a rooftop "Sky & Sea" terrace with an infinity pool and lounge areas; a semi-automated parking system serves residents below.

Construction is scheduled to begin in Q3 2026, with completion targeted for Q3 2028. With nine of the ten homes still available, early buyers have the widest choice of layout and orientation.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
Ten-home boutique scheme, 200 m from Playa de la Misericordia
02
Two- and three-bedroom apartments, 87–123 m², priced €560,000–€1,330,000
03
Rooftop "Sky & Sea" terrace with infinity pool and lounge areas
04
Porcelanosa finishes, aerothermal systems and semi-automated parking
05
Construction from Q3 2026, completion targeted Q3 2028

The current release

The 9 remaining apartments

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 9 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
2.C	—	2	2	2	93 m²	—	1 + storage
3.C	—	3	2	2	87 m²	—	1 + storage
2.B	—	2	2	2	109 m²	13 m² terrace	1 + storage
3.B	—	3	2	2	109 m²	10 m² terrace	1 + storage
2.A	—	2	3	2	123 m²	13 m² terrace	2 + storage
3.A	—	3	3	2	123 m²	13 m² terrace	2 + storage
4.B	—	4	2	2	116 m²	13 m² terrace	1 + storage
4.A	—	4	3	2	123 m²	13 m² terrace	2 + storage
5.B	—	5	2	2	116 m²	10 m² terrace	1 + storage

Pricing released on enquiry. Reservations require a refundable holding deposit, held under Spanish bank guarantee until completion.

Roccabox AI

Ask anything about Milabeka.

Our AI concierge knows every unit, every spec, every price, the off-plan timeline, the local market and how to compare this development against the others nearby. Answers in your language, instantly, any time.

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Live availability

9 of 10 apartments remain

Live data refreshed nightly from our multiple independent sources.

2-bedroom Apartments 87–116 m²

From

€560,000

6 available

3-bedroom Apartments 123 m²

From

€980,000

3 available

The off-plan discount curve

The off-plan discount, stage by stage

Off-plan entry typically offers the largest pricing headroom at the earliest stages. The advantage narrows as construction progresses — at completion the unit is priced at market. Milabeka currently sits in the Off-plan band.

Coming soon

~40% off

Off-plan

YOU ARE HERE

~32% off

With licence

~27% off

Under construction

~22% off

Completed

~16% off

Current entry

€560k

Off-plan pricing

Projected key-ready benchmark

€824k

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

At pre-construction stage, with nine of ten homes unsold, buyers can still select preferred floors and orientations before groundwork begins in Q3 2026. Local resale data shows an average of roughly €3,362 per m² and typical selling times near 174 days; Milabeka's new-build specification, rooftop pool and beach proximity position it above that median. The Q3 2028 completion horizon allows staged payments while the western coastline, including the planned Marina San Andrés, continues to develop.

Reserving early

Why buyers reserve at this stage

Personalisation window

Reserving during the Off-plan phase gives buyers genuine input into layout, finishes and basement use ahead of handover, a window that closes as the build advances.

Scarcity and specification

9 of 10 units remain. The plot sizes, orientation and amenity package on this scheme are not easily replicated in the immediate resale stock.

Risk-managed entry

Spanish new-build buyers are protected by staged payments held under bank guarantee, ten-year structural warranty and full licence review. Roccabox brokers all of this through regulated counsel.

Market reality

The premium, contextualised

Useful context — not a substitute for unit-level valuation. Pricing data cross-referenced against live Costa del Sol market signals.

Milabeka is not priced against average Málaga resale stock. It is a premium new-build product with the specification, plot quality and amenity package that the broader resale market typically does not match. At €6,437 per built m² the relevant question is whether the premium is justified against comparable new-build completions, not whether it beats the area's median of €3,362/m².

Comparable confidence: 70% · Source: live market data, 21/07/2026

Málaga apartments median (€/m²)

€3,362

Milabeka (€/m² built)

€6,437

Premium reflects

new-build specification · scarcity · plot & orientation

Why buy with Roccabox

Your purchase is in safe hands

Licensed, regulated and trusted since 2017. We verify every development before listing it.

◆

Licensed agency

AIPP member · est. 2017 · Regulated by Spanish property law

◆

Plot verified

Spanish national land registry

◆

Live market data

Cross-referenced against the most credible Costa del Sol sources

◆

Buyer protections

Staged payments · bank guarantee · 10-yr warranty

87–123 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

2–3 en-suite

Bathrooms

Built area

87–123 m²

Build stage

Off-plan

Completion

3rd Quarter 2028

Warranty

10-yr structural

Energy

Class A (new build)

Málaga

Living in Málaga

Golf

5.0 km

Club de Golf Málaga Parador

Beach

282 m

Playa de la Misericordia

Airport

5.0 km

Aeropuerto de Málaga - Costa del Sol

Restaurant

109 m

Casa Ovi

Café

262 m

La Canasta

Bar

86 m

De Cai

Supermarket

268 m

Mas

Pharmacy

49 m

Farmacia Carmen Palomar

Hospital

1.5 km

Hospital de Día Quirónsalud

Gym

408 m

JM Trainer

Padel / tennis

2.3 km

Escuela de Tenis Cortijo Alto

Marina

3.2 km

Marina Real Club Mediterráneo

Train station

802 m

La Luz - La Paz

The setting is emphatically walkable. A pharmacy sits 49 metres away, with bars such as De Cai and El Pórtico, the restaurant Casa Ovi and a supermarket all within 300 metres, and Parque del Oeste on the doorstep. Playa de la Misericordia is a minute away on foot, while the seafront promenade towards Muelle Uno extends the coastal routine.

Practicalities are close too: La Luz–La Paz station is around 800 metres, Málaga's Costa del Sol airport is a ten-minute drive, and the Quirónsalud day hospital is three minutes away. Marina Real Club Mediterráneo is six minutes by car, and the planned Marina San Andrés is expected to reshape this stretch of coast. Golf at Málaga Parador lies ten minutes inland.

From your door

Marbella Old Town

48 min by car

44.2 km direct

Puerto Banús

56 min by car

51.1 km direct

Málaga Airport

6 min by car

5.4 km direct

Mijas Pueblo

22 min by car

20.4 km direct

La Cala de Mijas

31 min by car

28.5 km direct

Estepona

1h 16m by car

69.3 km direct

Gibraltar

1h 51m by car

102.0 km direct

Ronda

1h 10m by car

64.6 km direct

Shahd Sherif · Your Roccabox specialist

New Developments Desk · Marbella office

Every Roccabox specialist on the New-Developments Desk has walked the projects we represent and reviewed the architectural drawings. We will tell you honestly which of the remaining Milabeka residences suits your brief, model the numbers in your currency, and arrange a private viewing within the week. Airport transfer arranged where helpful.

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WhatsApp the team +34 951 12 04 67

Real numbers

Understand the full picture

Spanish purchases involve taxes and fees that catch first-time international buyers off-guard. We surface every figure that matters.

Typical off-plan payment schedule

Spanish new-build purchases are typically paid in three staged instalments, with every euro held under bank guarantee until completion.

On reservation

€56k10%

Refundable holding deposit until contract signing; locks the unit out of the open market.

Contract signing

€112k20%

First instalment to the developer's bonded escrow account, around 4–8 weeks after reservation.

On completion

€392k70%

Balance paid when keys are handed over and the licence of first occupation issued.

Total cost of ownership

Purchase price · drag to model

€560,000

From €560,000€1,330,000

VAT / IVA (10% new build)

€56,000

Stamp duty / AJD (1.2%)

€6,720

Notary + registry (~1%)

€5,600

Legal fees (~1%)

€5,600

All-in

€628,320

Annual IBI (property tax) ≈ 0.4–1.1% of cadastral value. Community fees vary. Your gestor confirms exact figures.

Spanish mortgage scenario

Indicative non-resident mortgage on the slider price above. Spanish banks typically lend 60–70% LTV to non-residents over 20–25 years.

Monthly payment

€1,962/mo

Total repayable

€588,733

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€168,000

Loan amount

€392,000

Illustrative only. Actual Spanish mortgage terms depend on residency, income, tax history and the lender. Roccabox can introduce you to non-resident mortgage brokers.

Investment outlook

Three scenarios our analysts model on every Costa del Sol off-plan deal.

A · Hold and sell at key-ready

€100,800gross uplift

B · Rent long-term (gross/yr)

€15,680

C · Short-term rental (peak gross/yr)

€25,200

Capital growth · 8-yr area benchmark

+30–40%

Personal 5-year model

on request

Ranges are illustrative and gross. Short-term rentals require a tourism licence (VFT) and active management. Our investment analysts can model your specific scenario using current Marbella rental comparables.

Residency planning for non-EU buyers

Spain's property-based Golden Visa route closed to new applicants on 3 April 2025. Non-EU buyers acquiring property at this value still have residency routes — non-lucrative visa, digital-nomad visa, and case-specific options — depending on circumstances. We introduce regulated immigration counsel before any commitment.

Common questions

Buying off-plan in Spain, answered

Straight answers to the questions our specialists field most. For anything else, the assistant above answers in real time.

Is Milabeka a good investment compared to the local resale market?

Milabeka is positioned as a premium new-build product with developer warranty, modern specification and limited supply. Comparable to the broader resale stock in Málaga on price-per-m², the premium reflects new-build standards, plot quality and amenity package not typically available in the resale market. Our market analysts model the projected key-ready value on request.

What is the off-plan payment schedule in Spain?

Spanish off-plan purchases are typically staged: 10% on reservation (refundable holding deposit), a further 20% on signing the private purchase contract, and the remaining 70% on completion. Every euro paid before completion is held under bank guarantee — if the developer defaults, your money is refunded under Spanish law.

Can a non-resident get a mortgage to buy at Milabeka?

Yes. Spanish banks routinely lend 60–70% loan-to-value to non-residents on properties at this value, over terms of 20–25 years at competitive rates. Roccabox introduces vetted non-resident mortgage brokers at no cost.

Does buying at Milabeka qualify for Spanish residency?

Spain's property-based Golden Visa route closed to new applicants on 3 April 2025 under Organic Law 1/2025. However, other residency routes remain available depending on circumstances — non-lucrative visa, digital-nomad visa, work or family-based permits. Roccabox introduces regulated Spanish immigration counsel.

How far is Milabeka from Málaga airport?

Approximately 10 minutes' drive, with a direct route via the A-7 / AP-7 motorway.

What is included in the purchase price?

Price includes the unit as specified by the developer. Spanish purchase costs (VAT/IVA on new builds at 10%, AJD stamp duty at 1.2%, notary and registry around 1%, legal counsel typically 1%) sit on top of the headline price. The Roccabox team produces a personalised total-cost breakdown on request.

Can I personalise the property?

At the Off-plan stage, Milabeka buyers can typically influence layout details, basement configuration, finishes and specification ahead of handover. The window narrows as the build progresses. Our specialist will walk you through what's still negotiable on each remaining unit.

Speak with us

Speak with our team.

Our New-Developments Desk has reviewed every project on the Costa del Sol catalogue and can walk you through which of the remaining 9 units suit your brief, model the numbers in your currency, and arrange a viewing — including airport transfer where helpful.

Ask a question now via the assistant, or have the team follow up with the full brief.

Shahd Sherif

New-Developments Desk · Marbella

EN · ES · RU · FR · NL · SV

Call the team · +34 951 12 04 67 WhatsApp the team Ask the assistant

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