Top-Floor Penthouse in Hipódromo-Cerrado del Águila, Mijas
Cerros del Águila, Mijas · Malaga
2 Bed2 Bath119 m²Energy: G
Description
On the fifth and top floor of a 38-unit new-build development in Hipódromo-Cerrado del Águila, this 2-bedroom, 2-bathroom penthouse covers 119 m² of internal space. The open-plan living and dining area is finished with porcelain tile flooring throughout, and the kitchen comes fitted with high-quality appliances. Both bedrooms include built-in wardrobes, and the property has air conditioning and a video intercom. A garage parking space and an electric car charging point are included. The energy rating is G, as is common with new-build properties of this type.Hipódromo-Cerrado del Águila sits in the municipality of Mijas, in the province of Málaga, within easy reach of the A-7 coastal motorway. The area takes its name from the former Hipódromo Costa del Sol racecourse and adjoins the established residential zone of Cerrado del Águila. Málaga Airport (AGP) is approximately 20 minutes by car, giving practical access to international routes. The development is part of a growing residential corridor between Fuengirola and Marbella.Community fees are currently listed as nil for this unit, though buyers should confirm the final figure with the developer prior to exchange. The annual IBI has not yet been assessed for this new-build property. As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2%. ITP does not apply. Reduced rates and local allowances may apply if you meet this region's conditions, for example age, large-family or disability status, or buying a primary residence. The development's location and proximity to the airport make it a practical choice for buyers considering short-term letting, subject to obtaining the relevant Andalucían holiday rental licence.Residents have access to a communal pool, a communal solarium, a communal gym and landscaped communal gardens. The development is served by a lift. The top-floor position gives the penthouse views above surrounding rooftops and a degree of privacy not available on lower floors within the same block.
Features
- Communal pool
- Communal solarium
- Communal gym
- Landscaped communal gardens
- Lift
- Air conditioning
- Built-in wardrobes
- Porcelain tile flooring
- High-quality kitchen appliances
- Video intercom
- Electric car charging point
- Garage parking
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 119 m² |
| Floor | 5 / 5 |
| Energy Certificate | G |
| Reference | 45763199-04 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Cerros del Águila, Mijas · 36.5264, -4.6555
About Cerros del Águila, Mijas
Mijas is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What purchase taxes and costs apply to this property?
As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2%, both set by the Autonomous Community of Andalucía. ITP does not apply. Reduced rates and local allowances may apply if you meet the region's conditions — for example age, large-family or disability status, or buying a primary residence — so it is worth checking before you finalise your budget. In addition, allow roughly EUR 600–1,200 for notary fees, EUR 400–800 for land registry fees, and around 1% of the purchase price plus VAT for legal representation.
Can non-residents obtain a mortgage on this property?
Spanish lenders typically offer non-resident buyers a loan-to-value of 60–70%, meaning a deposit of 30–40% of the purchase price is usually required. Current variable and fixed rates from Spanish banks generally range between 3.5% and 4.5% per annum, though your individual rate will depend on your financial profile and chosen lender. We recommend obtaining an agreement in principle before reserving.
What are the ongoing running costs?
Community fees are currently listed as nil for this unit. Buyers should confirm the final figure with the developer before exchange, as charges may be set once the development is handed over. The annual IBI (council tax) has not yet been assessed for this new-build property and will be calculated by the local authority after completion. Buyers should also budget for an annual refuse collection charge (basura), the amount of which has not yet been confirmed.
Can I view this property remotely?
Yes. In addition to in-person viewings arranged through our Mijas office, we can organise a live video viewing at a time that suits you. This allows you to walk through the property and ask questions in real time without travelling to Spain. Contact us to arrange either option.
What is the rental potential of this property?
Hipódromo-Cerrado del Águila falls within the Mijas municipality on the Costa del Sol, an area with active demand for short-term holiday rentals. To let legally on a short-term basis in Andalucía, you must register the property with the regional tourism authority and obtain a holiday rental licence (Vivienda con Fines Turísticos). We do not quote speculative yield figures, but our lettings team can provide current market context for this area on request.
What does the purchase process involve?
You will first need a Spanish NIE (Número de Identificación de Extranjero), which is required for all property transactions in Spain and can be obtained at a Spanish consulate or in person in Spain. Once you have agreed to proceed, a reservation fee is paid to take the property off the market. A private purchase contract follows, at which point typically 10% of the purchase price is paid. For new builds, stage payments may be required during construction. Completion takes place before a Spanish notary, at which point the remaining balance and all associated taxes and fees are settled and the title deed (escritura pública) is signed.
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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
- penthouse
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 119 m²
- Energy Rating
- G
