New-Build 3-Bedroom Villa in Riviera del Sol, Mijas
Riviera del Sol, Mijas · Malaga
3 Bed3 Bath527 m²Energy: G
Description
At 527m2 of built space across 4 floors, this new-build villa in Riviera del Sol is one of the larger residential properties currently available in Mijas. It offers 3 bedrooms, 3 bathrooms, a solarium on the top floor, and 2 dedicated parking spaces. The build is new, with an energy rating of G pending final certification.Riviera del Sol sits on the western edge of the Mijas Costa, between Fuengirola to the east and Marbella to the west. The urbanisation has its own commercial strip along Avenida Riviera, with supermarkets, cafés, and restaurants within easy walking distance for residents. Málaga Airport is approximately 20 minutes by car, making Riviera del Sol a practical base for frequent travellers as well as a full-time residence.Priced at EUR 1,889,000, the price per m2 works out at approximately EUR 3,584. Community fees are currently set at EUR 0 per month. IBI has not yet been assessed for this new-build property. As a new-build in Andalusia, purchase taxes are levied at IVA of 10% rather than ITP. Riviera del Sol is classified as a tourist area by the Junta de Andalucía, and short-term rental licences have been granted in this urbanisation in the past, making the property of interest to buyers with an investment objective.The solarium provides an additional outdoor living area at roof level, with open views across the surrounding hillside. A communal pool is included within the development. The property spans 4 floors, which allows for a clear separation between living areas and sleeping quarters.
Features
- Communal pool
- Solarium
- Parking (2 spaces)
- New build
- Air conditioning
- 4 floors
- 3 bedrooms
- 3 bathrooms
- 527m2 build size
Property Details
| Property Type | Villa |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Built Area | 527 m² |
| Floor | 4 |
| Energy Certificate | G |
| Reference | 49425759-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Riviera del Sol, Mijas · 36.5093, -4.7110
About Riviera del Sol, Mijas
Mijas is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs on top of the asking price?
As this is a new-build property in Andalusia, you will pay IVA at 10% on the purchase price, which amounts to EUR 188,900. Additional costs include notary fees of approximately EUR 600–1,200, land registry fees of approximately EUR 400–800, and legal fees of around 1% of the purchase price plus VAT (approximately EUR 18,890 before VAT). Total estimated purchase costs are in the region of EUR 210,000–215,000.
Can non-residents obtain a mortgage on this property?
Yes. Spanish banks typically lend up to 60–70% of the purchase price to non-residents, so a deposit of 30–40% is usually required. On a price of EUR 1,889,000, that means a deposit of approximately EUR 567,000–756,000. Current variable and fixed mortgage rates from Spanish lenders are broadly in the range of 3.5–4.5%, though terms vary by applicant profile and lender.
What are the ongoing running costs?
Community fees are currently EUR 0 per month. IBI (annual council tax) has not yet been assessed as the property is a new build; a figure will be assigned by the local authority upon completion and registration. Utility contracts for water and electricity will need to be set up in your name on completion.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings for buyers who are unable to travel to Riviera del Sol in person. These can be arranged by contacting our team directly. In-person viewings at the development can also be booked at a time that suits you.
What is the rental potential of this property?
Riviera del Sol is classified as a tourist zone by the Junta de Andalucía, and short-term holiday rental licences have previously been approved in this urbanisation. A 527m2 villa with a solarium and communal pool can command strong weekly rates during the summer months. We recommend speaking with a local lettings agent for current rental market data specific to this size and type of property.
What does the purchase process involve?
You will first need to obtain a Spanish NIE (tax identification number), which your solicitor can arrange. Once you have agreed on the purchase, a reservation deposit is paid to take the property off the market. This is followed by a private purchase contract (arras), where typically 10% of the price is paid, with the balance settled at the notary on the day of completion. We strongly recommend appointing an independent Spanish solicitor to handle due diligence throughout.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- villa
- Bedrooms
- 3
- Bathrooms
- 3
- Build Size
- 527 m²
- Energy Rating
- G
