New-Build 1st-Floor Apartment, Hipódromo-Cerrado del Águila
Cerros del Águila, Mijas · Malaga
2 Bed2 Bath83 m²Energy: G
Description
Measuring 83 m2 across the first floor of a two-storey new-build complex, this 2-bedroom, 2-bathroom apartment in Hipódromo-Cerrado del Águila comes with 2 allocated parking spaces and lift access. Each of the 2 bedrooms has its own bathroom, providing a practical layout for both permanent living and holiday use. The complex includes a communal pool. Málaga Airport is approximately 20 minutes away by road.Hipódromo-Cerrado del Águila sits in the lower reaches of Mijas, between the A-7 coastal road and the hills inland from Fuengirola. The area has direct road access to the N-340 and is within a short drive of the commercial centres along the Fuengirola seafront, including the Mercadona on Avenida Jesús Santos Rein. The racecourse that gives the neighbourhood its name is close by, and the beaches of Fuengirola are reachable within roughly 10 minutes by car.At EUR 399,000, the price per m2 is approximately EUR 4,807. As a new-build property, the applicable purchase tax is IVA at 10%, amounting to EUR 39,900. Additional costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of approximately EUR 400 to EUR 800, and legal fees of around 1% plus VAT. Community fees are currently listed as EUR 0 and IBI has not yet been assessed for this new-build. Both figures should be confirmed with the developer. The energy rating is G.
Features
- Communal pool
- Lift
- 2 parking spaces
- 2 bedrooms
- 2 bathrooms
- New-build
- First floor
- Air conditioning
- Double glazing
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 83 m² |
| Floor | 1 / 2 |
| Energy Certificate | G |
| Reference | 51169953-05 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Cerros del Águila, Mijas · 36.5217, -4.6597
About Cerros del Águila, 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 EUR 399,000 asking price?
As this is a new-build property in Andalusia, IVA applies at 10% rather than ITP, which equals EUR 39,900. You should also budget for notary fees (approximately EUR 600–1,200), land registry fees (approximately EUR 400–800), and legal fees of around 1% of the purchase price plus VAT, which amounts to roughly EUR 3,990 plus VAT. Total additional costs typically come to around 12–13% of the purchase price.
Can non-residents obtain a mortgage on this property?
Yes. Spanish banks generally lend up to 60–70% of the purchase price to non-residents, meaning a deposit of 30–40% is required. On EUR 399,000 that equates to roughly EUR 120,000–160,000. Current variable and fixed mortgage rates with Spanish lenders are broadly in the range of 3.5–4.5%. We can refer you to independent mortgage brokers with experience in non-resident applications.
What are the ongoing running costs for this apartment?
Community fees are currently listed as EUR 0 per month, though this figure should be confirmed with the developer before exchange, as charges typically apply once the complex is fully operational. The annual IBI has not yet been assessed for this new-build and will be confirmed once the property is registered with the local authority. You should also allow for an annual refuse collection charge, which varies by municipality.
Is it possible to view the property remotely?
Yes. We offer video viewings via WhatsApp or video call for buyers who are unable to travel to the Costa del Sol at short notice. We can walk through the apartment and the communal areas in real time. In-person viewings can be arranged seven days a week with advance notice.
What is the rental potential for this apartment?
Hipódromo-Cerrado del Águila's proximity to Fuengirola, Málaga Airport and the coastal road makes it a practical base for short-term visitors and longer seasonal stays. Mijas falls within the Junta de Andalucía's holiday rental licensing framework, so you will need a Vivienda con Fines Turísticos licence to let the property on a short-term basis. We recommend speaking to a local property manager for current market rental rates in the neighbourhood.
What does the purchase process involve?
You will first need a Spanish NIE (tax identification number), obtainable at a Spanish consulate in the UK or at a local police station in Spain. Once terms are agreed, a reservation deposit is paid to secure the property, followed by a private purchase contract (contrato de arras) at which point typically 10% of the purchase price is transferred. The remaining balance is paid at the notary on completion, where the title deed is signed and ownership is formally registered. The full process typically takes between 8 and 16 weeks for new-build properties.
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Key Details
- Type
- apartment
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 83 m²
- Energy Rating
- G
