1st Floor 3-Bedroom Apartment in Las Flores, Mijas
Las Flores, Mijas · Malaga
3 Bed2 Bath88 m²Energy: G
Description
At EUR 338,000, this 3-bedroom apartment in Las Flores offers 88 m2 with 2 bathrooms. The interior includes air conditioning, central heating. Las Flores is a residential area within Mijas. The closest airport is 20 min (Málaga AGP). The price of EUR 338,000 works out to EUR 3,841 per square metre. The energy rating is G. As a new build, buyers pay 10% IVA (VAT) instead of transfer tax.
Features
- Communal pool
- Near beach
- Air conditioning
- Central heating
- Heating
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 88 m² |
| Floor | 1 / 5 |
| Energy Certificate | G |
| Reference | 39178033-01 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
✈️
Location
Las Flores, Mijas · 36.5373, -4.6385
About Las Flores, 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
How much does it cost to buy this property?
For this new build at EUR 338,000, you will pay 10% IVA (EUR 33,800), stamp duty of 1.5%, notary fees around EUR 900, land registry approximately EUR 650, and legal fees of about EUR 4,090. Total estimated costs come to approximately EUR 44,510.
Is mortgage financing available?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this apartment at EUR 338,000, a 60% mortgage would be EUR 202,800, requiring a deposit of EUR 135,200. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 1070. 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 Aino-Kaisa Lonka 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.
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
- apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 88 m²
- Energy Rating
- G
