1st Floor 2-Bedroom Apartment in Hipódromo-Cerrado del Águila, Mijas
Cerros del Águila, Mijas · Malaga
2 Bed2 Bath83 m²Energy: G
Description
This 2-bedroom apartment in Hipódromo-Cerrado del Águila sits on the 1st floor of a 3-storey building. Hipódromo-Cerrado del Águila is a residential area within Mijas. The closest airport is 20 min (Málaga AGP). The asking price is EUR 410,000. The energy rating is G. As a new build, buyers pay 10% IVA (VAT) instead of transfer tax.
Features
- Garden
- Panoramic views
- Jacuzzi
- Gymnasium
- Gym
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 83 m² |
| Floor | 1 / 3 |
| Energy Certificate | G |
| Reference | 40568956-09 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
Location
Cerros del Águila, Mijas · 36.5205, -4.6511
About Cerros del Águila, Mijas
Mijas is one of the most popular destinations on Spain's Costa Blanca for international property buyers. With over 300 days of sunshine per year, excellent healthcare facilities, and a large expat community, the area offers an outstanding quality of life.
Frequently Asked Questions
What are the total purchase costs?
For this new build at EUR 410,000, you will pay 10% IVA (EUR 41,000), stamp duty of 1.5%, notary fees around EUR 900, land registry approximately EUR 650, and legal fees of about EUR 4,961. Total estimated costs come to approximately EUR 53,661.
Can I get a mortgage?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this apartment at EUR 410,000, a 60% mortgage would be EUR 246,000, requiring a deposit of EUR 164,000. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 1298. 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 OceanHome Team to arrange an in-person viewing of this apartment in Hipódromo-Cerrado 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 2-bedroom apartment in Hipódromo-Cerrado 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.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
WhatsAppEnquire About This PropertySchedule a CallLanguages:EnglishFinnishSwedishSpanish
View LinkedIn ProfileQuick Enquiry
Interested in this property? Send us a message.
By submitting, you agree to our privacy policy.
Key Details
- Type
- apartment
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 83 m²
- Energy Rating
- G
