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1
Bedrooms
1
Bathrooms
73 m²
Surface area
€
€3849
Price per m²
Apartment
Property type
+10 photos
Analysis
Price
€281.000
Own investment (30%)
€84.300
30% down payment of purchase price
Buyer costs
€28.100
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
-€524,53
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€60,83
{% 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
-€72,21
Municipal taxes for Mijas
Tax
(19%)
-€94,16
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 urban centers.
- Views and outdoor space, such as terraces and private gardens.
- Amenities like pools, gyms, and social spaces.
- Property condition and modern design.
- Economic factors: Local employment rates, tourism growth, and overall economic stability.
- Local developments: New infrastructure projects, commercial centers, and transportation links.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €111 | Stunning apartment with ocean views | 8.9 km |
| €287,40 | Casita with fantastic views | 1.7 km |
| €165,60 | Beautiful Mijas Pueblo Townhouse with sea views | 0.5 km |
| €80 | "The Bridge" Los Monteros | 19.5 km |
| €39,60 | La EcoCasita in Malaga | 13.2 km |
| €154,20 | Casa Del Mirador, Private Pool and Hot Tub, Views | 12.4 km |
| €95,60 | Authentic rural little house with private pool | 13.5 km |
| €57,80 | ***Beautiful Downtown Studio, Garden and Pool*** | 9.9 km |
| €157,60 | Beautiful Wooden Cabin with exclusive use of pool | 17.8 km |
| €140 | Modern & Sea views: Apartment La Roca | 12.7 km |
Return & Value appreciation
Annual return
5.71%
5 Year Return
28.55%
10 Year Return
57.10%
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: Growing demand for coastal properties in Mijas and Costa del Sol increases appreciation.
- Property type: Apartments in a resort-style development attract both investors and residents, boosting value.
- Economic outlook in 2027: Positive economic growth in Spain and increased tourism support property appreciation.
- Demographic developments: Increasing expatriate and retiree populations in the area drive demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities will enhance accessibility and desirability.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade interior finishes and appliances to premium quality.
- Add smart home technology for modern convenience.
- Enhance outdoor spaces with landscaping or additional features.
- Implement energy-efficient systems to reduce utility costs.
- Renovate bathrooms and kitchens to contemporary standards.
Description
Discover luxurious new homes in Mijas, Spain, with prices ranging from €281,000 to €447,000. This exclusive development features 142 modern apartments and penthouses with 1 to 3 bedrooms and 1 to 2 bathrooms, offering built sizes from 73m2 to 128m2. Located in the heart of Mijas Costa, these properties boast stunning sea views, including from ground-floor units, and are designed to maximize natural light and harmony with the scenic surroundings of the Costa del Sol. Each residence is thoughtfully crafted with Mediterranean-inspired architecture, blending clean lines, noble materials, and functional spaces that seamlessly connect indoor and outdoor living. Many homes feature private gardens or expansive terraces up to 110m2 with south or southwest orientations, ensuring excellent daylight and breathtaking Mediterranean vistas. The development emphasizes a relaxed, slow-living lifestyle with resort-style amenities such as an outdoor pool with chill-out zones, a spa, gym, social club, coworking spaces, lush gardens, and private parking—perfect for enhancing well-being and social connection. Its prime location offers easy access to beaches, prestigious golf courses, the Costa del Sol’s Great Park, and direct routes to Málaga, Marbella, and Malaga Airport. This Mijas property isn’t just a home; it’s a lifestyle choice, combining comfort, elegance, and natural beauty in one of Spain’s most desirable locations. Whether investing or seeking a serene coastal residence, these Mijas homes provide the perfect opportunity to enjoy everything the Costa del Sol has to offer.
Location
Nightly rates in the area
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