Monthly payment
€4,731/mo
Under construction · current release
Royal Palms Mijas IV-3
Mijas Costa · Mijas Costa
Prices from
€1,350,000
Available
10 of 11
Bedrooms
3en-suite
Delivery
1st Quarter 2027
Type
Apartments
Size from
114 m²
Total homes
11 homes
Phase
Under construction
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-3, in context.
Royal Palms Mijas IV-3 is a small-scale residential development of eleven three-bedroom apartments positioned on a south-facing slope above La Cala de Mijas, one of the Costa del Sol's most established coastal villages. Construction is under way, with completion scheduled for the first quarter of 2027.
The release comprises apartments ranging from 114 to 131 m² across just eleven units, of which ten remain available — one has already sold. Pricing sits between €1,350,000 and €1,450,000, implying a per-square-metre rate of roughly €10,300–€11,400 at current build sizes. That positioning reflects both the sea-view outlook and a resort-specification finish that the wider Mijas Costa resale pool — where comparable three-bedroom apartments are currently trading between €399,000 and €440,000 — does not replicate. The development's scale is deliberate: eleven homes share a communal setting that reads more like a private estate than a conventional apartment block.
Prepared by the Roccabox New-Developments Desk · Marbella
At a glance
Key facts
01
Eleven apartments only — ten remaining, one already sold at launch
02
Three bedrooms, 114–131 m², priced from €1,350,000 to €1,450,000
03
Construction already started; delivery confirmed Q1 2027
04
Resort-style pool and communal amenities within a boutique-scale scheme
05
Sea views from most apartments, short walk to La Cala de Mijas beach
The current release
The 10 remaining apartments
Each one specified individually. Pricing released on enquiry.
+Show full unit listHide unit list
| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| P1 | LYRA | — | 3 | 2 | 131 m² | 46 m² terrace | 1 | |
| P2 | LYRA | — | 3 | 2 | 130 m² | 46 m² terrace | 1 | |
| P3 | LYRA | — | 3 | 2 | 131 m² | 46 m² terrace | 1 | |
| P3 | NOVA | — | 3 | 2 | 131 m² | 46 m² terrace | 1 | |
| P2 | NOVA | — | 3 | 2 | 130 m² | 46 m² terrace | 1 | |
| P2 | ORION | — | 3 | 2 | 118 m² | 47 m² terrace | 1 | |
| P3 | CARINA | — | 3 | 2 | 117 m² | 47 m² terrace | 1 | |
| P1 | ORION | — | 3 | 2 | 120 m² | 80 m² terrace | 1 | |
| P4 | ORION | — | 3 | 2 | 114 m² | 78 m² terrace | 1 | |
| P4 | CARINA | — | 3 | 2 | 119 m² | 80 m² terrace | 1 |
Pricing released on enquiry. Reservations require a refundable holding deposit, held under Spanish bank guarantee until completion.
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Ask anything about Royal Palms Mijas IV-3.
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Live availability
10 of 11 apartments remain
Live data refreshed nightly from our multiple independent sources.
3-bedroom apartments
114–131 m²
From
€1,350,000
10 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-3 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
€1.35M
Under construction pricing
Projected key-ready benchmark
€1.73M
Indicative uplift modelled against comparable new-build completions
Roccabox analyst view
With construction already started and a fixed Q1 2027 delivery date, Royal Palms IV-3 carries less execution risk than a pre-permit scheme. At eleven units, scarcity is structural rather than marketed — when the phase sells, it is gone. The new-build specification and sea-view position occupy a distinct segment from the resale market, where three-bedroom apartments in Mijas Costa are currently changing hands at €399,000–€440,000; buyers here are acquiring something the existing stock cannot offer at any price.
Reserving early
Why buyers reserve at this stage
01
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.
02
Scarcity and specification
10 of 11 units remain. The plot sizes, orientation and amenity package on this scheme are not easily replicated in the immediate resale stock.
03
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-3 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 €11,842 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-3 (€/m² built)
€11,842
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
114–131 m²
Internal area per unit
Specification
What every unit receives
Bedrooms
3 en-suite
Bathrooms
2
Built area
114–131 m²
Build stage
Under construction
Completion
1st Quarter 2027
Warranty
10-yr structural
Energy
Class A (new build)
Mijas Costa
Living in Mijas Costa
La Cala de Mijas is a working coastal town rather than a manufactured resort, which gives it a rhythm that holds year-round. The seafront promenade is lined with traditional chiringuitos and a range of independent restaurants, while the town centre provides supermarkets, banks, and everyday services within easy reach on foot. The wider Mijas Costa corridor connects quickly to Málaga-Costa del Sol Airport to the east and to the leisure and retail infrastructure of Marbella to the west. The Costa del Sol's documented average of 320 days of sunshine annually means the development's south-facing orientation and beach-style pool translate into genuinely extended outdoor living, rather than the seasonal amenity it would represent further north in Europe.
From your door
Marbella Old Town
19 min by car
17.6 km direct
Puerto Banús
26 min by car
24.1 km direct
Málaga Airport
28 min by car
25.5 km direct
Mijas Pueblo
12 min by car
11.3 km direct
La Cala de Mijas
4 min by car
3.5 km direct
Estepona
46 min by car
41.9 km direct
Gibraltar
1h 19m by car
72.1 km direct
Ronda
55 min by car
50.4 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-3 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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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
€135k10%
Refundable holding deposit until contract signing; locks the unit out of the open market.
Contract signing
€270k20%
First instalment to the developer's bonded escrow account, around 4–8 weeks after reservation.
On completion
€945k70%
Balance paid when keys are handed over and the licence of first occupation issued.
Total cost of ownership
VAT / IVA (10% new build)
€135,000
Stamp duty / AJD (1.2%)
€16,200
Notary + registry (~1%)
€13,500
Legal fees (~1%)
€13,500
All-in
€1,514,700
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.
Total repayable
€1,419,268
50%70%
10 yrs30 yrs
2.5%5.5%
Deposit required
€405,000
Loan amount
€945,000
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
€243,000gross uplift
B · Rent long-term (gross/yr)
€37,800
C · Short-term rental (peak gross/yr)
€60,750
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-3 a good investment compared to the local resale market?
Royal Palms Mijas IV-3 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-3?
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-3 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-3 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-3 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 10 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
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