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New-Build 3-Bed Apartment, Hipódromo-Cerrado del Águila, Mijas

Cerros del Águila, Mijas · Malaga

3 Bed2 Bath99 m²Energy: G

Description

A first-floor new-build apartment of 99 m2 in Hipódromo-Cerrado del Águila offers 3 bedrooms and 2 bathrooms across a single level. The development sits approximately 20 minutes by car from Málaga AGP airport, making it practical for both permanent residents and those travelling regularly. The build size of 99 m2 places the price per m2 at roughly EUR 4,293, which is competitive for a new-build property in this part of Mijas Costa.Hipódromo-Cerrado del Águila is a residential area within Mijas Costa, positioned between the coastal strip and the lower Mijas hills. The neighbourhood sits close to the commercial services along the N-340 corridor, including supermarkets, medical centres and restaurants. Fuengirola town centre, with its weekly Saturday market and rail connections to Málaga and Torremolinos, lies a short drive east of Hipódromo-Cerrado del Águila. The wider Mijas Costa coastline runs along the southern edge of the municipality, with several public beaches accessible by car.The purchase price is EUR 425,000. As a new-build property in Andalusia, VAT applies at 10 per cent rather than ITP, adding EUR 42,500 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 per cent plus VAT. Community fees are currently listed at EUR 0 and IBI figures are not yet available for this development. The energy rating is G.

Features

  • New build
  • First floor
  • 3 bedrooms
  • 2 bathrooms
  • 99 m2 build size
  • Communal pool
  • Air conditioning
  • Double glazing
  • Lift
  • Underground parking

Property Details

Property TypeApartment
Bedrooms3
Bathrooms2
Built Area99 m²
Floor1
Energy CertificateG
Reference39916325-03

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

Location

Cerros del Águila, Mijas · 36.5226, -4.6494


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 425,000 asking price?
As a new-build property, VAT (IVA) applies at 10%, adding EUR 42,500. You should also budget for notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and legal representation at approximately 1% of the purchase price plus VAT. Total additional costs typically fall between 12% and 13% of the price.
Can non-residents obtain a mortgage on this property?
Yes. Non-resident buyers can generally borrow up to 60–70% of the purchase price, meaning a deposit of 30–40% is required. On EUR 425,000, that equates to a minimum deposit of roughly EUR 127,500. Current variable and fixed rates from Spanish lenders are broadly in the 3.5–4.5% range, though terms vary by bank and applicant profile.
What are the ongoing running costs?
Community fees are currently listed at EUR 0 per month for this development. Annual IBI (council tax) figures are not yet available, as this is a new-build property. Utility connections and basura (waste collection) charges will apply once the property is registered and occupied.
Can I view the property remotely?
Yes. We offer video viewings via WhatsApp or video call for buyers who cannot travel to Mijas. We can also arrange an accompanied in-person visit to the development site or show home at a time that suits you.
Is this property suitable as a rental investment?
Mijas Costa falls within the Andalusian tourist rental zone, and properties here can be registered for short-term holiday letting. Demand is supported by proximity to Málaga airport and the local coastline. We recommend consulting a local property manager for realistic occupancy and income figures specific to this development.
What steps are involved in buying this property?
First, you will need a Spanish NIE (tax identification number), which your solicitor can obtain on your behalf. Once you agree a price, a reservation contract is signed and a holding deposit is paid to take the property off the market. A private purchase contract follows, with typically 10% of the price paid at that stage. The sale completes before a Spanish notary, at which point the balance, taxes and fees are settled and the title deed is signed over to you.

Price

€425,000€4,293/m²

Ref: 39916325-03

Maya Kallio
Maya Kallio💚
The Heart of Our Operations

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
2
Build Size
99
Energy Rating
G