New-Build 2-Bedroom Apartment, Hipódromo-Cerrado del Águila
Cerros del Águila, Mijas · Malaga
2 Bed2 Bath73 m²Energy: G
Description
On the first floor of a two-storey new-build development in Hipódromo-Cerrado del Águila, this 73 m2 apartment has 2 bedrooms, 2 bathrooms and comes with 2 allocated parking spaces. The building includes a lift, which is notable for a two-storey block and adds practical value for residents. The price works out at approximately EUR 5,411 per m2, broadly in line with other new-build apartments in this part of Mijas. The energy rating is G, which is common for new-build developments in the province pending final certification.Hipódromo-Cerrado del Águila sits between the A-7 coastal motorway and the hills above Fuengirola, roughly 20 minutes by car from Málaga AGP airport. The neighbourhood takes its name from the former racetrack site and has expanded steadily over the past decade with residential developments of this type. Day-to-day amenities including supermarkets and retail are accessible within the surrounding Mijas Costa area, and the beaches of Fuengirola are a short drive from Hipódromo-Cerrado del Águila.The asking price is EUR 395,000. As a new build in Málaga province, the applicable purchase tax is IVA at 10 percent, adding EUR 39,500 to the purchase cost. Additional costs include notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1 percent of the purchase price plus VAT. Community fees are currently listed at EUR 0 per year and the IBI figure is not yet available, so both should be confirmed with the developer. This location has appeal for buyers seeking a lock-up-and-leave property within commuting distance of Málaga city.
Features
- New build
- First floor
- 2 bedrooms
- 2 bathrooms
- 73 m2 build
- Communal pool
- Lift
- Parking (2 spaces)
- Air conditioning
- Double glazing
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 73 m² |
| Floor | 1 / 2 |
| Energy Certificate | G |
| Reference | 48551904-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Cerros del Águila, Mijas · 36.5221, -4.6611
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 asking price?
As a new-build property, the purchase is subject to IVA at 10%, which amounts to EUR 39,500 on the asking price of EUR 395,000. On top of that, you should budget approximately EUR 600 to EUR 1,200 for notary fees, EUR 400 to EUR 800 for land registry registration, and around 1% of the purchase price plus VAT for legal representation. Total additional costs typically come to between 12% and 14% of the purchase price.
Can non-residents get a mortgage to buy this apartment?
Yes. Spanish banks generally lend to non-residents, though the conditions differ from resident mortgages. For a property priced at EUR 395,000, most lenders will require a deposit of 30% to 40%, meaning you would need between EUR 118,500 and EUR 158,000 in equity. Variable and fixed rates currently range from approximately 3.5% to 4.5% depending on the lender and your financial profile. We can refer you to a mortgage broker with experience in cross-border purchases.
What are the ongoing running costs for this apartment?
Community fees are currently listed as EUR 0 per year, though this figure should be verified with the developer as the development may still be in the pre-completion phase. The annual IBI (local property tax) figure is not yet available and must be confirmed before exchange. Utility connections, rubbish collection charges, and building insurance will be additional costs to factor into your budget.
Can I arrange a viewing remotely?
Yes. We offer video viewings for buyers who are not currently in Spain, which allows you to walk through the development with one of our agents in real time. In-person viewings can be arranged with notice. Contact us to schedule either option.
Is this apartment suitable as a rental investment?
Hipódromo-Cerrado del Águila falls within the Mijas Costa area, which attracts both long-term residents and short-term visitors travelling to the nearby Costa del Sol beaches and Fuengirola. The airport is approximately 20 minutes away, which supports tourist rental demand. A tourist rental licence would be required for short-term lets and requirements and availability should be confirmed with a local lawyer before purchase. We do not quote yield figures, but comparable apartments in this area do generate rental income.
How does the buying process work in Spain?
The first step is obtaining a Spanish tax identification number, known as an NIE, which is required for any property transaction. Once you have agreed the purchase, you pay a reservation fee to take the property off the market. This is followed by a private purchase contract, known as arras, in which a deposit of typically 10% is paid and the terms are set out. The transaction is then completed before a notary, at which point the balance of the purchase price, taxes, and fees are settled and ownership transfers to you.

Maya Kallio💚
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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
- 2
- Bathrooms
- 2
- Build Size
- 73 m²
- Energy Rating
- G


