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1
Bedrooms
1
Bathrooms
69 m²
Surface area
€
€4275
Price per m²
Apartment
Property type
+12 photos
Analysis
Price
€295.000
Own investment (30%)
€88.500
30% down payment of purchase price
Buyer costs
€29.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€80,99
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€550,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€57,50
{% trans 'Estimated annual maintenance costs (10€/m²). This is the
rule of thumb for existing and older homes. For new construction,
this is usually lower.' %}
Cleaning costs
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€254,97
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€75,19
Municipal taxes for Mijas
Tax
(19%)
-€89,26
This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.
Earned back in
Time to earn back own investment + buyer costs.
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Log inNightly Rates
Estimated nightly rate
€80,99
High season
€109
Mid season
€78,92
Low season
€61
Price determining factors
- Proximity to beaches, golf courses, and amenities.
- Quality of communal facilities and finishes.
- Views and natural surroundings.
- Accessibility and transportation links.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
5.16%
5 Year Return
25.80%
10 Year Return
51.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment with high-quality finishes enhances value.
- Local market trends in 2027: Expected growth driven by tourism and expatriate demand in Costa del Sol.
- Property type: Apartments in a luxury development attract higher appreciation due to amenities and location.
- Economic outlook in 2027: Positive economic growth in Spain and Europe supports real estate appreciation.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Planned improvements to transport and local amenities will increase attractiveness.
Possible improvements
- Renovate and modernize interior finishes.
- Add smart home features for increased appeal.
- Enhance outdoor spaces or balconies.
- Upgrade appliances and fixtures.
Description
Discover an exclusive collection of modern homes for sale in Mijas, Spain, offering a luxurious living experience on the Costa del Sol. This new development features 103 beautifully designed residences, with prices ranging from €295,000 to €1,000,000. Perfectly suited for those seeking spacious, light-filled homes in a tranquil natural setting, these Mijas properties boast 1 to 3 bedrooms, 1 to 2 bathrooms, and built sizes from 69m2 to 367m2. Each apartment combines high-quality finishes with functional layouts, creating an ideal balance of style and practicality. Residents can enjoy exclusive access to communal areas dedicated to relaxation and wellness, making this development ideal for families and investors alike. Located in Mijas, Spain, these homes provide the perfect base to explore the vibrant Costa del Sol lifestyle, with proximity to beaches, golf courses, and local amenities. Whether you’re looking for a holiday retreat or a permanent residence, this Mijas property development offers an unparalleled opportunity to own a premium home in one of Spain's most sought-after locations. Embrace the tranquility and natural beauty of Mijas while enjoying modern comforts in this exceptional Costa del Sol development.
Location
Nightly rates in the area
Questions? Chat with us!