New-Build 3-Bedroom Penthouse in Hipódromo-Cerrado del Águila, Mijas
Cerros del Águila, Mijas · Malaga
3 Bed2 Bath117 m²Energy: G
Description
On the second floor of a new-build residential complex in Hipódromo-Cerrado del Águila, this 3-bedroom, 2-bathroom penthouse extends to 117 m² of internal space. The property includes a private solarium, a terrace, and two allocated parking spaces within the building. A communal pool serves the development, and a lift provides access to all floors. Panoramic views are a feature of the upper position.Hipódromo-Cerrado del Águila sits within the Mijas municipality on the Costa del Sol, close to the N-340 coastal road, which connects quickly to Fuengirola to the east and Marbella to the west. The area has a mix of residential developments, local commercial streets, and open hillside, with beach access available along the coastal strip below. Málaga Airport is approximately 20 minutes by car. Hipódromo-Cerrado del Águila continues to see new-build activity, making it an active market for buyers in this stretch of the Costa del Sol.Estimated community fees are 135 EUR per month and annual IBI is estimated at 940 EUR. The property carries an energy rating of G. As a new-build in the Costa del Sol tourist corridor, the area has an established short-term rental market for owners who intend to let.
Features
- Communal pool
- Terrace
- Solarium
- Panoramic views
- 2 parking spaces
- Lift
- New build
- Near beach
- Air conditioning
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 117 m² |
| Floor | 2 |
| Energy Certificate | G |
| Reference | 51169953-02 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Cerros del Águila, Mijas · 36.5217, -4.6597
About Cerros del Águila, Mijas
Mijas is one of the most popular destinations on Spain's Costa Blanca for international property buyers. With over 300 days of sunshine per year, excellent healthcare facilities, and a large expat community, the area offers an outstanding quality of life.
Frequently Asked Questions
What purchase costs should I budget for beyond the asking price?
As a new build in Andalucía, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.2% of the purchase price. ITP does not apply. In addition, budget for notary fees of approximately EUR 600–1,200, land registry fees of approximately EUR 400–800, and solicitor fees of around 1% of the purchase price plus VAT. 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 — and it is worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain can typically access mortgages of up to 60–70% of the purchase price, meaning a deposit of 30–40% is usually required. Current variable and fixed mortgage rates in Spain generally range from 3.5% to 4.5%, though individual terms depend on your financial profile and the lender. We can refer you to a Spanish mortgage broker if helpful.
What are the ongoing running costs for this property?
Community fees are estimated at EUR 135 per month, covering maintenance of shared areas including the communal pool and lift. Annual IBI (council tax) is estimated at EUR 940. Please note these figures are estimates and may be subject to revision. Utility costs such as water and electricity will depend on usage.
Can I view the property remotely before travelling to Spain?
Yes. We offer video viewings for buyers who cannot travel immediately. Our agents can conduct a live video walkthrough of the development and available units, including the terrace, solarium, and communal areas. Contact us to arrange a convenient time. In-person viewings in Hipódromo-Cerrado del Águila can be arranged with advance notice.
What is the rental potential for this penthouse?
Hipódromo-Cerrado del Águila is within the Mijas municipality on the Costa del Sol, an area with an active short-term holiday rental market. Penthouses with outdoor space such as a solarium and terrace tend to attract interest from visitors seeking more space than a standard apartment provides. To let legally on a short-term basis in Andalucía, you will need to register the property and obtain a tourist licence. We recommend taking independent legal advice on rental licensing before purchase.
What does the purchase process involve?
You will first need a Spanish NIE number (tax identification number for foreigners), which your solicitor can obtain on your behalf. Once you have agreed terms, a reservation fee is paid to take the property off the market. This is followed by a private purchase contract (arras), at which point a further deposit — typically 10% of the purchase price — is paid. The balance is settled at completion before a notary, who registers the transaction. The full process from reservation to completion typically takes between four and twelve weeks for new-build properties, depending on construction stage.
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Key Details
- Type
- penthouse
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 117 m²
- Energy Rating
- G
