New-Build 2-Bedroom Top-Floor Penthouse, Hipódromo-Cerrado del Águila
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 built space. The complex comprises apartments, ground-floor units and penthouses across 5 storeys, all fitted with air conditioning, high-quality appliances and built-in wardrobes. Porcelain tile flooring runs throughout each unit, and video intercoms are installed at the entrance. The development includes electric car charging points and a communal gym alongside the communal pool and solarium.Hipódromo-Cerrado del Águila sits within the municipality of Mijas, approximately 3 km from the coast and 28 km from Málaga Airport (AGP), which is reachable in around 20 minutes by car. The area connects easily to the A-7 coastal road, giving residents access to the beaches, restaurants and shops of Fuengirola to the east and Marbella to the west. The neighbourhood benefits from landscaped communal grounds and is set among one of the quieter residential pockets of Mijas.At EUR 541,000, the price per m2 works out at approximately EUR 4,546. As a new build, the purchase is subject to IVA at 10% rather than transfer tax, adding EUR 54,100. Additional purchase 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% of the purchase price plus VAT. Community fees are currently listed as EUR 0; buyers should confirm the final figure with the developer. IBI has not yet been assessed for this property. The energy rating is G.
Features
- Communal pool
- Communal solarium
- Communal gym
- Lift
- Air conditioning
- Built-in wardrobes
- Video intercom
- Porcelain tile flooring
- High-quality kitchen appliances
- Electric car charging point
- Landscaped communal gardens
- 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 are the estimated purchase costs on top of the asking price?
As a new build, this penthouse is subject to IVA at 10%, which adds EUR 54,100 to the EUR 541,000 asking price. You should also allow EUR 600–1,200 for notary fees, EUR 400–800 for land registry fees, and approximately 1% of the purchase price (plus VAT) for legal representation. Total additional costs typically fall in the range of EUR 61,000–67,000.
Can non-residents obtain a mortgage for this property?
Yes. Spanish banks generally offer non-residents up to 60–70% loan-to-value on a property priced at EUR 541,000, meaning a deposit of 30–40% (EUR 162,300–216,400) is typically required. Current variable and fixed mortgage rates from Spanish lenders range from approximately 3.5% to 4.5% per annum. We recommend obtaining a mortgage offer in principle before reserving.
What are the ongoing running costs for this penthouse?
Community fees are currently stated as EUR 0 per month; buyers should verify the confirmed figure with the developer before exchange. IBI (council tax) has not yet been assessed for this new-build property. The energy certificate is rated G, which typically indicates higher energy consumption and associated utility costs.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings for buyers who cannot travel to the Costa del Sol in person. Contact us to arrange a live video walkthrough of the development and the show unit. In-person viewings can also be booked at a time that suits you.
Is this property suitable as a rental investment?
Mijas and the surrounding Costa del Sol corridor attract consistent tourist demand throughout the year, and the property's proximity to Málaga Airport (20 minutes by car) supports short-term rental appeal. A tourist licence from the Junta de Andalucía is required before letting the property on a short-term basis. Speak to our team for guidance on the local rental market in Hipódromo-Cerrado del Águila.
What steps are involved in buying this property?
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 on the purchase, you pay a reservation fee to take the property off the market, followed by a private purchase contract (arras) where typically 10% of the price is paid. The balance is transferred on the day of completion before a notary, who registers the title in your name at the land registry.

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
- penthouse
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 119 m²
- Energy Rating
- G


