New-Build 3-Bed Apt, Hipódromo-Cerrado del Águila, Mijas
Cerros del Águila, Mijas · Malaga
3 Bed2 Bath119 m²Energy: G
Description
At 119 m2 of built space, this new-build apartment occupies the first floor of a three-storey development in Hipódromo-Cerrado del Águila, Mijas. The apartment has 3 bedrooms, 2 bathrooms, and an energy rating of G. Málaga Airport is approximately 20 minutes by car, making this a practical base for frequent travellers.Hipódromo-Cerrado del Águila sits between the A-7 coastal motorway and the hills above Fuengirola, giving residents fast access to both the coast and inland Mijas Pueblo. The neighbourhood is served by local amenities along Avenida del Hipódromo, with Fuengirola town centre roughly 5 kilometres to the east. Contact the agent for precise distances to the nearest beach and supermarket.Priced at EUR 450,000, the apartment works out at approximately EUR 3,782 per m2. As a new-build property in Andalusia, the applicable purchase tax is IVA at 10 per cent, equating to EUR 45,000. Additional costs include notary fees of roughly EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of approximately 1 per cent plus VAT. Community fees are currently listed at zero and buyers should confirm whether a community charge will apply once the development is complete. IBI figures are not yet available and should be requested from the agent.
Features
- New build
- 3 bedrooms
- 2 bathrooms
- First floor
- 119 m2 built area
- 3-storey building
- Air conditioning
- Double glazing
- Parking
- Energy rating G
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 119 m² |
| Floor | 1 / 3 |
| Energy Certificate | G |
| Reference | 40568956-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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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.
Frequently Asked Questions
What are the purchase costs on top of the EUR 450,000 asking price?
New-build properties in Andalusia are subject to IVA at 10%, which on EUR 450,000 amounts to EUR 45,000. You should also budget for notary fees of EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of roughly 1% of the purchase price plus VAT (approximately EUR 4,500 plus VAT). Total additional costs typically fall between EUR 51,000 and EUR 56,000.
Can non-residents obtain a mortgage to purchase this apartment?
Yes. Spanish banks generally lend non-residents up to 60–70% of the purchase price or valuation (whichever is lower), meaning a deposit of 30–40% is usually required. On EUR 450,000 that equates to EUR 135,000–180,000 upfront. Variable and fixed mortgage rates currently range from approximately 3.5% to 4.5% depending on the lender and your financial profile.
What are the ongoing running costs for this property?
Community fees are currently listed as zero and buyers should verify with the agent whether charges will apply once the development is handed over. IBI (annual council tax) figures are not yet available for this new-build and should be confirmed prior to exchange. Utility connection costs and basura (rubbish collection) charges will also apply once the property is occupied.
Can I arrange a viewing, and is a remote option available?
Yes. In-person viewings can be arranged through OceanHome at a time that suits you. If you are based outside Spain, we can also arrange a live video viewing so you can see the apartment and ask questions in real time before committing to travel.
Does this apartment have rental potential?
Hipódromo-Cerrado del Águila benefits from its proximity to Fuengirola and the Costa del Sol coastline, both of which attract consistent tourist demand throughout the year. A 3-bedroom apartment of this size in the area can generate short-term holiday rental income, subject to obtaining a Junta de Andalucía tourist licence. Contact the agent for current market rental data specific to this development.
What does the buying process involve in Spain?
First, you will need an NIE (Número de Identificación de Extranjero), which is a Spanish tax identification number required for any property purchase. Once you have agreed terms, a reservation fee (typically EUR 3,000–6,000) takes the property off the market. This is followed by a private purchase contract (arras), at which point 10% of the price is usually paid. The balance is settled at the notary on completion, when ownership is formally transferred and registered.

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
- 119 m²
- Energy Rating
- G


