New Build 3-Bedroom Apartment in Cerros del Águila, Mijas
Cerros del Águila, Mijas · Malaga
3 Bed3 Bath131 m²Energy: G
Description
At EUR 1,075,000, this 3-bedroom apartment in Cerros del Águila offers 131 m2 with 3 bathrooms. Cerros del Águila is a residential area within Mijas. The closest airport is 20 min (Málaga AGP). The price of EUR 1,075,000 works out to EUR 8,206 per square metre. The energy rating is G. Parking is included. As a new build, buyers pay 10% IVA (VAT) instead of transfer tax.
Features
- Communal pool
- Near beach
- Parking
- Gymnasium
- Near golf
- Built-in wardrobes
- Terrace
- Garden
- Storage room
- Gym
- Sea views
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Built Area | 131 m² |
| Floor | 1 / 2 |
| Energy Certificate | G |
| Reference | 46376429-07 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Cerros del Águila, Mijas · 36.5269, -4.6647
About Cerros del Águila, Mijas
Cerros del Águila sits in the Las Lagunas de Mijas area, a modern residential zone that has experienced significant growth in recent years. Its elevated position provides sea views while remaining close to the coast, with golf courses, the Miramar Shopping Park, and Fuengirola's beaches all within a few minutes' drive.
Frequently Asked Questions
How much does it cost to buy this property?
For this new build at EUR 1,075,000, you will pay 10% IVA (EUR 107,500), stamp duty of 1.5%, notary fees around EUR 1200, land registry approximately EUR 800, and legal fees of about EUR 13,008. Total estimated costs come to approximately EUR 138,633.
Is mortgage financing available?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this apartment at EUR 1,075,000, a 60% mortgage would be EUR 645,000, requiring a deposit of EUR 430,000. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 3405. Spanish banks require proof of income, tax returns, and a credit report from your home country.
How much are the monthly expenses?
Annual running costs for this apartment include: IBI property tax is estimated at EUR 500-900 per year; community fees are typically EUR 40-100 per month for apartments in Mijas; home insurance runs EUR 200-400 annually; utility bills (electricity, water, internet) average EUR 150-250 per month. Non-resident owners also pay annual income tax (IRNR) on a deemed rental value, typically EUR 300-600 per year for a property at this price level.
Can I book a viewing?
Contact Aino-Kaisa Lonka to arrange an in-person viewing of this apartment in Cerros del Águila. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
What is the rental potential?
Mijas has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 3-bedroom apartment in Cerros del Águila can attract bookings year-round. You will need a tourist licence from the regional government. Note that rental income is subject to Spanish tax for non-residents.
How does purchasing work?
Buying property in Spain requires an NIE number, which your lawyer can help arrange. Once you agree the price, a reservation deposit secures the property. You then sign an arras contract with a 10% deposit within 2-4 weeks. The final step is signing the escritura at a notary and paying the remaining balance. Your lawyer handles due diligence, checking the property has no debts or legal issues. Allow 6-10 weeks from offer to completion.
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Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- apartment
- Bedrooms
- 3
- Bathrooms
- 3
- Build Size
- 131 m²
- Energy Rating
- G
