Under construction · current release

Royal Palms Mijas IV-1

La Cala de Mijas · Mijas Costa

Prices from

€1,300,000

Available

2 of 130

Bedrooms

3en-suite

Delivery

1st Quarter 2027

Type

Apartments

Size from

109 m²

Total homes

130 homes

Phase

Under construction

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

Project lifecycle

Coming soon

Off-plan

With licence

You are hereUnder construction~22% saving

Completed

Roccabox · the editorial

Royal Palms Mijas IV-1, in context.

Royal Palms Mijas IV-1 is a hillcrest apartment development in La Cala de Mijas, positioned on one of the highest elevations above Mijas Costa, with south-facing Mediterranean views that extend across the coastline and inland towards the hills. This is the fourth phase of an established residential complex — 130 apartments and penthouses in total — and at the time of writing, only two of 130 units remain available, with completion confirmed for the first quarter of 2027. Construction is already under way.

Three-bedroom apartments range from 109 to 133 m² of built area. Communal facilities are the considered centrepiece of the scheme: a beach-entry swimming pool, landscaped gardens with dedicated family and children's zones, and generous shaded terraces. Floor-to-ceiling glazing and wide terraces are standard across the residences. At a guide price of €1,300,000, buyers are entering at a significant premium to the La Cala de Mijas resale median — a position that reflects both the hillcrest setting and the near-complete sell-out of the phase.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
128 of 130 units sold — only 2 three-bedroom apartments remaining
02
Completion confirmed Q1 2027, construction already started
03
Three-bedroom apartments from 109 to 133 m², elevated hillcrest position
04
Beach-entry pool, landscaped gardens, and dedicated family recreational areas
05
Panoramic Mediterranean sea views from every residence in the phase

The current release

The 2 remaining apartments

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 2 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
P2 - ADELFA	—	3	3	2	109 m²	112 m² terrace	2
P3 - PALMIRA	—	1	3	2	133 m²	47 m² terrace	2

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

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Live availability

2 of 130 apartments remain

Live data refreshed nightly from our multiple independent sources.

3-bedroom apartments 109–133 m²

From

€1,300,000

2 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. Royal Palms Mijas IV-1 currently sits in the Under construction band.

Coming soon

~40% off

Off-plan

~32% off

With licence

~27% off

Under construction

YOU ARE HERE

~22% off

Completed

~16% off

Current entry

€1.3M

Under construction pricing

Projected key-ready benchmark

€1.67M

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

With 128 of 130 homes already sold and construction advanced towards a Q1 2027 handover, this is a closing-out opportunity rather than an early-stage commitment. The scarcity case is straightforward: two apartments in a phase this size and at this sell-through rate represents the residual of a market verdict already given. Buyers entering now carry minimal construction risk and a defined delivery timeline, with the added context that the wider Royal Palms complex has established comparable value through its earlier phases.

Reserving early

Why buyers reserve at this stage

Personalisation window

Reserving during the Under construction 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

2 of 130 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.

Royal Palms Mijas IV-1 is not priced against average Mijas Costa 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 €11,927 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 €3,067/m².

Comparable confidence: 70% · Source: live market data, 20/05/2026

Mijas Costa apartments median (€/m²)

€3,067

Royal Palms Mijas IV-1 (€/m² built)

€11,927

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

◆

Live market data

Cross-referenced against the most credible Costa del Sol sources

◆

Buyer protections

Staged payments · bank guarantee · 10-yr warranty

109–133 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

3 en-suite

Bathrooms

Built area

109–133 m²

Build stage

Under construction

Completion

1st Quarter 2027

Warranty

10-yr structural

Energy

Class A (new build)

La Cala de Mijas

Living in Mijas Costa

Golf

2.2 km

El Chaparral Golf Club

Beach

256 m

Playa de La Cala - La Butibamba

Beach club

5.0 km

Cocoa Beach

Airport

25.9 km

Aeropuerto de Málaga - Costa del Sol

Restaurant

76 m

Nueve Dragones

Café

166 m

Simple Café y Copas

Bar

83 m

Chill Out Bar

Supermarket

273 m

Lidl

Pharmacy

137 m

Farmacia Butibamba

Hospital

12.8 km

Urgencias Hospital Costa del Sol

Gym

2.3 km

MAX Fitness

Marina

5.4 km

Puerto Cabopino

Train station

7.0 km

Fuengirola

La Cala de Mijas sits midway along the Costa del Sol, roughly equidistant between the amenities of Marbella and Málaga International Airport — both accessible in under 40 minutes. The village itself combines a working Andalusian fishing community with a well-established international residential base: local markets, independent restaurants serving traditional cuisine, and a stretch of sandy beach are all within a short drive of the development's hillside position. Established golf courses lie within close range, and the marina and retail offer of Puerto Banús is under 30 minutes to the west. The elevated site means that daily life in the complex feels genuinely removed from the summer bustle of the coastal strip below.

From your door

Marbella Old Town

19 min by car

17.8 km direct

Puerto Banús

26 min by car

24.3 km direct

Málaga Airport

28 min by car

25.4 km direct

Mijas Pueblo

12 min by car

11.3 km direct

La Cala de Mijas

4 min by car

3.3 km direct

Estepona

46 min by car

42.1 km direct

Gibraltar

1h 19m by car

72.2 km direct

Ronda

55 min by car

50.6 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 Royal Palms Mijas IV-1 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

€130k10%

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

Contract signing

€260k20%

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

On completion

€910k70%

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

Total cost of ownership

Purchase price · drag to model

€1,300,000

From €1,300,000€1,690,000

VAT / IVA (10% new build)

€130,000

Stamp duty / AJD (1.2%)

€15,600

Notary + registry (~1%)

€13,000

Legal fees (~1%)

€13,000

All-in

€1,458,600

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

€4,556/mo

Total repayable

€1,366,702

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€390,000

Loan amount

€910,000

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

€234,000gross uplift

B · Rent long-term (gross/yr)

€36,400

C · Short-term rental (peak gross/yr)

€58,500

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 Royal Palms Mijas IV-1 a good investment compared to the local resale market?

Royal Palms Mijas IV-1 is positioned as a premium new-build product with developer warranty, modern specification and limited supply. Comparable to the broader resale stock in Mijas Costa 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 Royal Palms Mijas IV-1?

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 Royal Palms Mijas IV-1 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 Royal Palms Mijas IV-1 from Málaga airport?

Approximately 28 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 Under construction stage, Royal Palms Mijas IV-1 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 2 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