New Build 1-Bedroom Penthouse in Las Cañadas, Mijas
Mijas Golf, Mijas · Malaga
1 Bed1 Bath60 m²Energy: G
Description
A 1-bedroom penthouse in the Las Cañadas area of Mijas, listed at EUR 263,915 for 60 m2. Las Cañadas is a residential area within Mijas. The closest airport is 20 min (Málaga AGP). The price of EUR 263,915 works out to EUR 4,399 per square metre. The energy rating is G. Parking is included. 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
- Parking
- Lift
- Gymnasium
- Security
- Electric blinds
- Built-in wardrobes
- Terrace
- Storage room
- Gym
Property Details
| Property Type | Penthouse |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 60 m² |
| Floor | 3 / 3 |
| Energy Certificate | G |
| Reference | 78786929-06 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Mijas Golf, Mijas · 36.5509, -4.6344
About Mijas Golf, 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 fees should I budget for?
For this new build at EUR 263,915, you will pay 10% IVA (EUR 26,392), stamp duty of 1.5%, notary fees around EUR 900, land registry approximately EUR 650, and legal fees of about EUR 3,193. Total estimated costs come to approximately EUR 35,094.
What mortgage options exist?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this penthouse at EUR 263,915, a 60% mortgage would be EUR 158,349, requiring a deposit of EUR 105,566. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 836. Spanish banks require proof of income, tax returns, and a credit report from your home country.
What ongoing costs should I expect?
Annual running costs for this penthouse include: IBI property tax is estimated at EUR 350-600 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 do I see this property?
Contact OceanHome Team to arrange an in-person viewing of this penthouse in Las Cañadas. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
Can I rent this property out?
Mijas has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 1-bedroom penthouse in Las Cañadas 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 steps are involved in buying?
To buy in Spain, you first need an NIE (tax identification number for foreigners). The purchase begins with a reservation deposit, followed by a private contract (contrato de arras) with 10% down payment. A Spanish lawyer should review the property title, check for debts, and verify planning permissions. The sale completes at a notary office where the deed is signed and registered. Budget 6-10 weeks for the full process.
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
- 60 m²
- Energy Rating
- G
