New Build 4-Bedroom Apartment in Cerros del Águila, Mijas
Cerros del Águila, Mijas · Malaga
4 Bed3 Bath156 m²Energy: G
Description
This 4-bedroom apartment in Cerros del Águila sits on the 3rd floor of a 3-storey building. Cerros del Águila is a residential area within Mijas. The closest airport is 20 min (Málaga AGP). The asking price is EUR 1,675,000. The energy rating is G. As a new build, buyers pay 10% IVA (VAT) instead of transfer tax.
Features
- Communal pool
- Near beach
- Mountain views
- Panoramic views
- Gymnasium
- Near golf
- Built-in wardrobes
- Terrace
- Garden
- Parking
- Storage room
- Gym
- Sea views
Property Details
| Property Type | Apartment |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Built Area | 156 m² |
| Floor | 3 / 3 |
| Energy Certificate | G |
| Reference | 46376429-06 |
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 Aguila is a sought-after hillside enclave within Las Lagunas de Mijas, positioned between the bustling coastal town of Fuengirola and the traditional white village of Mijas Pueblo. The area is particularly popular with golf enthusiasts, with several courses within a few hundred metres. Its elevated position provides sweeping views of the coast and the Sierra de Mijas mountains, while local amenities, schools and transport links are easily accessible.
Frequently Asked Questions
What are the total purchase costs?
For this new build at EUR 1,675,000, you will pay 10% IVA (EUR 167,500), stamp duty of 1.5%, notary fees around EUR 1200, land registry approximately EUR 800, and legal fees of about EUR 20,268. Total estimated costs come to approximately EUR 214,893.
Can I get a mortgage?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this apartment at EUR 1,675,000, a 60% mortgage would be EUR 1,005,000, requiring a deposit of EUR 670,000. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 5305. Spanish banks require proof of income, tax returns, and a credit report from your home country.
What are the running costs?
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.
How can I arrange 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.
Is this a good rental investment?
Mijas has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 4-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.
What is the buying process in Spain?
The Spanish buying process starts with obtaining an NIE (foreigner identification number). After agreeing a price, you sign a reservation contract with a deposit (typically EUR 3,000-6,000). The next step is the arras contract, where you pay 10% of the price. Completion takes place at a notary, where the escritura (title deed) is signed and the balance paid. The whole process typically takes 6-10 weeks from reservation to completion.
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Key Details
- Type
- apartment
- Bedrooms
- 4
- Bathrooms
- 3
- Build Size
- 156 m²
- Energy Rating
- G
