At EUR 1,052,250, this 3-bedroom apartment in Las Flores offers 150 m2 with 2 bathrooms. Las Flores is a residential area within Mijas. The closest airport is 20 min (Málaga AGP). The price of EUR 1,052,250 works out to EUR 7,015 per square metre. The energy rating is G. The building has a lift. As a new build, buyers pay 10% IVA (VAT) instead of transfer tax. Residents share a communal swimming pool. A private solarium offers open-air relaxation.
Features
Communal pool
Solarium
Lift
Panoramic views
Jacuzzi
Gymnasium
Home automation
Terrace
Garden
Property Details
Property Type
Apartment
Bedrooms
3
Bathrooms
2
Built Area
150 m²
Floor
3 / 5
Energy Certificate
G
Reference
36382980-01
Distances & Nearby
✈️
airport
20 min (Málaga AGP)
Location
Las Flores, Mijas · 36.5380, -4.6361
About Las Flores, Mijas
Las Flores is part of the thriving Las Lagunas district of Mijas, one of the Costa del Sol's fastest-growing residential areas. Situated opposite the Miramar Shopping Park and close to a large shopping and leisure complex, the neighbourhood offers a modern, cosmopolitan lifestyle with excellent commercial infrastructure, international restaurants, and seamless connections to both Fuengirola's coast and the hillside charm of Mijas Pueblo.
For this new build at EUR 1,052,250, you will pay 10% IVA (EUR 105,225), stamp duty of 1.5%, notary fees around EUR 1200, land registry approximately EUR 800, and legal fees of about EUR 12,732. Total estimated costs come to approximately EUR 135,741.
Is mortgage financing available?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this apartment at EUR 1,052,250, a 60% mortgage would be EUR 631,350, requiring a deposit of EUR 420,900. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 3332. Spanish banks require proof of income, tax returns, and a credit report from your home country.
How much are the monthly expenses?
Annual running costs for this apartment include: IBI property tax is estimated at EUR 500-900 per year; community fees are typically EUR 40-100 per month for apartments in Mijas; home insurance runs EUR 200-400 annually; utility bills (electricity, water, internet) average EUR 150-250 per month. Non-resident owners also pay annual income tax (IRNR) on a deemed rental value, typically EUR 300-600 per year for a property at this price level.
Can I book a viewing?
Contact Maya Kallio to arrange an in-person viewing of this apartment in Las Flores. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
What is the rental potential?
Mijas has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 3-bedroom apartment in Las Flores can attract bookings year-round. You will need a tourist licence from the regional government. Note that rental income is subject to Spanish tax for non-residents.
How does purchasing work?
Buying property in Spain requires an NIE number, which your lawyer can help arrange. Once you agree the price, a reservation deposit secures the property. You then sign an arras contract with a 10% deposit within 2-4 weeks. The final step is signing the escritura at a notary and paying the remaining balance. Your lawyer handles due diligence, checking the property has no debts or legal issues. Allow 6-10 weeks from offer to completion.