Residential Development Plot with Sea and Mountain Views in Mijas
€12,000,000€45,977/m²
261 m²
interior
10,604 m²
plot
Land
property type
2 weeks ago
listed
The Habio take
AI summaryThis 10,604 m² plot in Mijas boasts panoramic views of the Mediterranean Sea and mountains, ideal for a major residential development. With approved plans for 196 homes, this prime location offers an excellent investment opportunity in a sought-after area of Málaga.
- investment
- new build
- communal
- coastal
- luxury
Highlights
- 10,604 m² plot with sea and mountain views
- Approved plans for 196 residential units
- Extensive communal green zones included
- Private sports and social club area
- Design optimised for natural light
- Located in a high-demand market
Good fit for: Ideal for large-scale developers seeking investment opportunities.
Lifestyle scores
- Beach
- 80
- Walkable
- 60
- Remote work
- 70
- Family
- 80
- Retirement
- 75
- Airport access
- 70
- Investment
- 85
- Luxury
- 85
- Value
- 65
About this place
This expansive 10,604 m² urban land sector is situated near Higuerón, within the municipality of Mijas. It offers stunning panoramic views of both the Mediterranean Sea and the surrounding mountains, making it an exceptional investment opportunity in a vibrant coastal location.
The property comes with an approved detailed study (Estudio de Detalle) for a significant residential development comprising 196 homes, which include two-story townhouses and detached villas, each featuring basements and private garages. The master plan allows for a total residential buildable area of 20,201 m², thoughtfully designed to maximise natural light and blend harmoniously with the elevated landscape.
The zoning distribution is efficiently managed to create a self-contained community, with 49,538 m² (50.47%) allocated to residential areas, 30,364 m² (22.89%) dedicated to expansive communal green zones, and 14,199 m² (14.47%) reserved for internal access roads and parking. Additionally, the project features a specific 9,866 m² (10.05%) area for a private sports and social club, as well as a commercial zone with a buildable allowance of 414 m² (2,077 m² land allocation) to cater to the needs of the community.
Where you’ll be
Mijas, Málaga, Spain
Location is approximate — exact address is confirmed by the agent.
Open in Google MapsBuying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
