Under construction · current release

Electus

Las Lagunas · Mijas · Ref: RDEV2321

Prices from

€385,000

Available

2 of 18

Bedrooms

3en-suite

Delivery

October 2027

Type

Apartments

Size from

86 m²

Total homes

18 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

Electus, in context.

Electus is a boutique block of 18 apartments and four commercial units in Las Lagunas, the flat, workaday and increasingly desirable inland quarter of Mijas that sits directly behind Fuengirola. It is aimed at buyers who want a walkable Spanish town rather than a gated resort address.

The homes are south-facing throughout, with built areas from 86 m² to 159 m², two bathrooms and a choice of three bedrooms or two bedrooms with an oversized suite and dressing room. Fitted kitchens, air conditioning and central heating are included, and the communal areas hold a pool and a children's play space.

Construction began in September 2025 with completion scheduled for October 2027. The commercial reality is straightforward: 16 of the 18 units are already sold, leaving two available at €385,000 to €490,000. Buyers should treat the remaining stock as a closing window rather than an open release.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
Only 18 apartments and 4 commercial units — 16 already sold, 2 remaining
02
South-facing homes from 86 m² to 159 m², three bedrooms or two with dressing-room suite
03
Under construction since September 2025, completion October 2027
04
Walk to supermarkets, pharmacies and cafés; beach 1.5 km, Fuengirola station 1.5 km
05
€385,000–€490,000 against a Las Lagunas resale median of €2,792/m²

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
—	—	1	3	2	86 m²	8 m² terrace	1 + storage
—	—	AT	3	2	159 m²	72 m² terrace	2 + storage

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 18 apartments remain

Live data refreshed nightly from our multiple independent sources.

3-bedroom Apartments 86–159 m²

From

€385,000

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. Electus 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

€385k

Under construction pricing

Projected key-ready benchmark

€494k

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

This is not an early-stage speculation. Ground was broken in September 2025 and delivery is set for October 2027, so the construction risk is already partly retired while buyers still choose finishes and pay in stages. What remains scarce is inventory: two of eighteen homes are unsold. Pricing sits above the €2,792/m² Las Lagunas resale median, but the comparable resale stock at similar money is older, rarely south-facing throughout, and typically takes 149 days to transact.

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 18 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.

Electus is not priced against average Mijas 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 €4,477 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 €3,421/m².

Comparable confidence: 70% · Source: live market data, 18/09/2026

Mijas apartments median (€/m²)

€3,421

Electus (€/m² built)

€4,477

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

86–159 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

3 en-suite

Bathrooms

Built area

86–159 m²

Build stage

Under construction

Completion

October 2027

Warranty

10-yr structural

Energy

Class A (new build)

Las Lagunas

Living in Mijas

Golf

2.5 km

Cerrado del Aguila Golf

Beach

1.5 km

Playa del Castillo

Beach club

6.7 km

HW Beach Club

Airport

20.3 km

Aeropuerto de Málaga - Costa del Sol

Restaurant

356 m

La Rustica

Café

349 m

Lorena Café

Bar

461 m

Armonia

Supermarket

375 m

The Food Co British Supermarket - Iceland

Pharmacy

169 m

Farmacia Almanzora

Hospital

9.9 km

Hospital Vithas Xanit International

Gym

1.2 km

CrossFit La Muralla

Marina

2.1 km

Puerto Deportivo de Fuengirola

Train station

1.5 km

Fuengirola

Las Lagunas is one of the few Costa del Sol addresses where daily life genuinely happens on foot. A pharmacy sits 169 m away, a British supermarket at 375 m, and cafés and restaurants — La Rustica, Lorena Café, Lizarran — cluster within 400 m of the door. The Gran Parque de la Costa del Sol is a short walk.

Playa del Castillo is 1.5 km, roughly three minutes by car, with Fuengirola's marina at 2 km and the station on the Málaga commuter line at 1.5 km, which removes the need for a second vehicle. Cerrado del Águila and El Chaparral golf courses lie within seven minutes. Málaga airport is 20 km. Average highs of 21.3°C and lows of 15.6°C make terraces usable well beyond summer.

From your door

Marbella Old Town

24 min by car

21.9 km direct

Puerto Banús

31 min by car

28.7 km direct

Málaga Airport

22 min by car

19.8 km direct

Mijas Pueblo

7 min by car

6.5 km direct

La Cala de Mijas

5 min by car

4.7 km direct

Estepona

51 min by car

46.8 km direct

Gibraltar

1h 25m by car

77.7 km direct

Ronda

57 min by car

52.1 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 Electus residences suits your brief, model the numbers in your currency, and arrange a private viewing within the week. Airport transfer arranged where helpful.

EnglishEspañolРусскийFrançaisNederlandsSvenska

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

€39k10%

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

Contract signing

€77k20%

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

On completion

€270k70%

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

Total cost of ownership

Purchase price · drag to model

€385,000

From €385,000€500,500

VAT / IVA (10% new build)

€38,500

Stamp duty / AJD (1.2%)

€4,620

Notary + registry (~1%)

€3,850

Legal fees (~1%)

€3,850

All-in

€435,820

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

€1,349/mo

Total repayable

€404,754

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€115,500

Loan amount

€269,500

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

€69,300gross uplift

B · Rent long-term (gross/yr)

€10,780

C · Short-term rental (peak gross/yr)

€17,325

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.

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 Electus a good investment compared to the local resale market?

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

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 Electus 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 Electus from Málaga airport?

Approximately 22 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, Electus 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

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