3-Bedroom Penthouse in Las Flores, Mijas
Las Flores, Mijas · Malaga
3 Bed2 Bath103 m²Energy: G
Description
This 3-bedroom penthouse in Las Flores occupies the top floor, with 103 m2 of interior space and 2 bathrooms. Las Flores is a residential area within Mijas. The closest airport is 20 min (Málaga AGP). The price of EUR 1,023,500 works out to EUR 9,937 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
- Terrace
- Garden
- Gym
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 103 m² |
| Floor | 5 / 5 |
| Energy Certificate | G |
| Reference | 36382980-03 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Las Flores, Mijas · 36.5380, -4.6361
About Las Flores, Mijas
Las Flores sits within the dynamic Las Lagunas corridor between Fuengirola and Mijas Pueblo, an area that has transformed into one of the Costa del Sol's most commercially active residential zones. The Miramar Shopping Park anchors the neighbourhood, and the combination of excellent road links, proximity to the beach, and access to the mountain village of Mijas Pueblo gives the area a distinctive appeal for buyers seeking modern convenience without sacrificing the Andalusian lifestyle.
Frequently Asked Questions
What are the total purchase costs?
For this new build at EUR 1,023,500, you will pay 10% IVA (EUR 102,350), stamp duty of 1.5%, notary fees around EUR 1200, land registry approximately EUR 800, and legal fees of about EUR 12,384. Total estimated costs come to approximately EUR 132,087.
Can I get a mortgage?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this penthouse at EUR 1,023,500, a 60% mortgage would be EUR 614,100, requiring a deposit of EUR 409,400. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 3241. Spanish banks require proof of income, tax returns, and a credit report from your home country.
What are the running costs?
Annual running costs for this penthouse 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.
How can I arrange a viewing?
Contact Maya Kallio to arrange an in-person viewing of this penthouse in Las Flores. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
Is this a good rental investment?
Mijas has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 3-bedroom penthouse 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.
What is the buying process in Spain?
The Spanish buying process starts with obtaining an NIE (foreigner identification number). After agreeing a price, you sign a reservation contract with a deposit (typically EUR 3,000-6,000). The next step is the arras contract, where you pay 10% of the price. Completion takes place at a notary, where the escritura (title deed) is signed and the balance paid. The whole process typically takes 6-10 weeks from reservation to completion.
Maya Kallio💚
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Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- penthouse
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 103 m²
- Energy Rating
- G
