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Top-Floor 1-Bedroom New-Build Penthouse, Las Flores, Mijas

Las Flores, Mijas · Malaga

1 Bed1 Bath262 m²Built 2008Energy: G

Description

At 262 m² of built area, this fourth-floor penthouse is one of the largest single-bedroom new-build units currently available in Las Flores, Mijas. The property sits on the top residential level of a five-storey development built in 2008, with lift access throughout. Built-in wardrobes feature in the bedroom, and the unit includes a private terrace alongside communal facilities that include a pool and gymnasium.Las Flores is a residential quarter of Mijas Costa, positioned roughly 20 minutes by road from Málaga Airport (AGP). The neighbourhood connects easily to the A-7 coastal road, giving access to Fuengirola to the north-east and Marbella to the south-west. Local amenities including supermarkets and restaurants are within the immediate Las Flores area, and the nearest beaches along this stretch of the Costa del Sol are reachable by car or bus.Estimated community fees run to approximately EUR 220 per month, and the annual IBI (local property tax) is estimated at EUR 590. The property carries an energy rating of G. As a tourist coastal area, short-term holiday rental is a commonly pursued option by owners in Las Flores, though yields will depend on occupancy and management costs.

Features

  • Communal pool
  • Gymnasium
  • Lift
  • Terrace
  • Parking
  • Built-in wardrobes
  • Air conditioning
  • Near beach

Property Details

Property TypePenthouse
Bedrooms1
Bathrooms1
Built Area262 m²
Floor4 / 5
Year Built2008
Energy CertificateG
Reference39125271-03

Distances & Nearby

✈️
airport
20 min (Málaga AGP)

Location

Las Flores, Mijas · 36.5368, -4.6421


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

What are the purchase costs on top of 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%. ITP does not apply. These rates are set by the Autonomous Community of Andalucía. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of around 1% of the purchase price plus VAT. 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 — and it is worth checking before you budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain can typically borrow up to 60–70% of the purchase price, meaning a deposit of 30–40% is generally required. Current variable and fixed mortgage rates in Spain sit broadly in the 3.5–4.5% range, though individual offers vary by lender and applicant profile. We can refer you to independent mortgage brokers with experience in non-resident finance.
What are the ongoing running costs?
Estimated community fees for this penthouse are approximately EUR 220 per month, covering shared facilities including the pool, gym and lift maintenance. The annual IBI (local property tax) is estimated at EUR 590. Both figures are estimates at this stage. Utility bills (electricity, water) are billed separately based on consumption.
Can I view the property remotely?
Yes. We offer video viewings via WhatsApp or video call for buyers who cannot visit in person. We can walk you through each room, the terrace, communal areas and the building exterior. In-person viewings are also available by appointment — please contact us to arrange a time that suits you.
What is the rental potential in Las Flores, Mijas?
Las Flores is part of Mijas Costa, an established coastal area with consistent tourist demand, particularly between spring and autumn. Penthouse units with terrace access and communal pool facilities tend to attract interest from short-term holiday renters. Actual rental income will depend on occupancy rates, the management arrangement chosen, and platform fees. We recommend speaking with a local rental management company for realistic projections before purchase.
What does the purchase process look like?
The first step is obtaining a Spanish NIE (foreigner identification number), which is required to complete any property transaction in Spain. Once you have agreed on 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 typically 10% of the purchase price is paid. The balance is settled at the notary on completion, when ownership formally transfers. We recommend appointing an independent Spanish solicitor to carry out due diligence throughout this process.

Price

€355,000€1,355/m²

Ref: 39125271-03

Maya Kallio
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
1
Bathrooms
1
Build Size
262 m²
Energy Rating
G