New-Build 4th-Floor 3-Bedroom Apartment, Hipódromo-Cerrado del Águila
Cerros del Águila, Mijas · Malaga
3 Bed2 Bath125 m²Energy: G
Description
Covering 125 m2 on the fourth floor of an 80-unit new-build development in Hipódromo-Cerrado del Águila, this 3-bedroom, 2-bathroom apartment includes 2 allocated parking spaces and access via lift. The development offers a mix of apartments, penthouses and ground-floor homes across 2 and 3-bedroom configurations. Interiors connect the living area and kitchen in an open-plan layout, with each bedroom fitted with built-in wardrobes. The complex also includes a communal pool, a paddle tennis court, an outdoor fitness area and a children's play area set within landscaped grounds.Hipódromo-Cerrado del Águila sits between Fuengirola and Marbella along the A-7 corridor, adjacent to the Cerrado del Águila golf course. The neighbourhood takes its name from the former racecourse site and is a well-established residential area with good road access to both Fuengirola, roughly 10 minutes by car, and Marbella, around 20 minutes west. Málaga Airport is approximately 20 minutes away. Local amenities, including supermarkets and restaurants, are within a short drive along the coast road.At EUR 421,000, the price per m2 works out at EUR 3,368. As a new-build property in Andalusia, VAT applies at 10 percent rather than transfer tax, bringing the VAT element to EUR 42,100. Additional purchase costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of around 1 percent plus VAT. Community fees are currently listed at EUR 0; buyers should confirm the service charge budget with the developer before exchange. IBI has not yet been assessed. The energy rating is G.
Features
- New build
- 3 bedrooms
- 2 bathrooms
- 125 m2 built area
- Fourth floor
- Lift
- 2 parking spaces
- Communal pool
- Paddle tennis court
- Outdoor fitness area
- Children's play area
- Built-in wardrobes
- Alarm system
- Landscaped communal gardens
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 125 m² |
| Floor | 4 |
| Energy Certificate | G |
| Reference | 45853629-01 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Cerros del Águila, Mijas · 36.5207, -4.6521
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 421,000 asking price?
As a new-build, this property is subject to IVA (VAT) at 10% rather than ITP transfer tax. On EUR 421,000 that comes to EUR 42,100. You should also budget for notary fees of EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of approximately 1% of the purchase price plus VAT (roughly EUR 4,210 plus VAT). Total additional costs typically fall between 12% and 14% of the purchase price.
Can non-residents obtain a mortgage on this property?
Yes. Spanish banks generally lend up to 60–70% of the purchase price for non-residents, meaning a deposit of 30–40% is required. On EUR 421,000 that equates to a deposit of roughly EUR 126,300 to EUR 168,400. Current variable and fixed mortgage rates from Spanish lenders are broadly in the 3.5–4.5% range, though terms vary by lender and applicant profile.
What are the ongoing running costs?
Community fees are listed at EUR 0 at present; buyers should request the approved service charge budget from the developer before completing. IBI (council tax) has not yet been assessed for this new-build; the figure will be set by Mijas Town Hall once the property is registered. Neither basura (refuse collection) charges have been confirmed. Ask the agent for the latest figures.
Can I arrange a viewing, and is a video viewing available?
Yes. In-person viewings of the show home or the development site can be arranged through our Mijas team. If you are based outside Spain, we can also arrange a live video viewing so you can see the development and ask questions in real time. Contact us to book a convenient time.
Is this development suitable as a rental investment?
Hipódromo-Cerrado del Águila is located within the Costa del Sol tourist corridor between Fuengirola and Marbella, an area with active demand for both short-term holiday lets and longer-term rentals. A tourist rental licence from the Junta de Andalucía is required for short-term letting. Speak to our team for guidance on licence requirements and the local rental market.
What does the buying process involve?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in Spain with a solicitor's help. Once you have agreed the purchase, you pay a reservation fee to take the property off the market, followed by a private purchase contract (contrato de arras) where typically 10% of the price is paid. The balance is transferred on completion at the notary, where the title deed (escritura) is signed and ownership is formally transferred.
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Key Details
- Type
- apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 125 m²
- Energy Rating
- G
