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Apartment in Mijas, 2 bedrooms, 110 m² €645.000

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2
Bedrooms
2
Bathrooms
110 m²
Surface area
€
€5864
Price per m²
Apartment
Property type
Apartment in Mijas, 2 bedrooms, 110 m² - Hoofdafbeelding
Apartment in Mijas, 2 bedrooms, 110 m² - Afbeelding 1
Apartment in Mijas, 2 bedrooms, 110 m² - Afbeelding 2
Apartment in Mijas, 2 bedrooms, 110 m² - Afbeelding 3
+30 photos

Analysis

Price
€645.000
Own investment (30%)
€193.500
Buyer costs
€64.500
Estimated nightly rate
€112,66
Expected occupancy rate
67%
Gross rental p/m
€0000
Mortgage costs
-€1.204
Maintenance costs
-€91,67
Cleaning costs
-€291,67
Platform fees
-€344,39
Municipal taxes
-€149,56
Tax (19%)
-€40,78
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€112,66
High season
€151
Mid season
€109,58
Low season
€90

Price determining factors

  • Property condition: Modern, high-quality finishes, move-in ready, which supports higher valuation.
  • Local market trends in 2027: Rising demand for luxury properties, increasing prices.
  • Property type: Exclusive apartment with premium features and amenities, commanding higher prices.
  • Economic outlook in 2027: Economic stability and growth support property price increases.
  • Demographic developments: Growing affluent population and expatriate community increasing demand.
  • Infrastructure plans in 2027: Enhanced infrastructure boosts property values.
  • Historical WOZ value trends: Steady increase in property assessments indicating rising market values.

Comparable accommodations

Rate Hotel / apartment Distance
€133,60 An impressive beach house 11.9 km
€203 Casa Flores - Panoramic views, pool, tennis, BBQ 1.5 km
€132,40 Spectacular house on Carvajal Beach 4.9 km
€125,20 Picturesque Casita Mijas Pueblo 0.1 km
€166,80 Chariming and creative house 50m from the beach 18.6 km
€134,80 Cubo's Finca La Graciosa (Cubo's Farm) 5.9 km
€116 Charming Sea Front Bungalow 12.6 km
€124,86 Sunny hillside casita in Guaro 19.3 km
€170,20 Unique views & terrace. Plz Merced 24.3 km
€94,60 Spacious Independent House ·Central Area – ARQ 24.8 km

Return & Value appreciation

Annual return

0.81%

5 Year Return

4.05%

10 Year Return

8.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern finishes, fully furnished, move-in ready, which supports value retention and growth.
  • Local market trends in 2027: Expected continued demand for luxury properties in Costa del Sol due to tourism and expatriate interest.
  • Property type: High-end apartment with premium amenities and sea views, appealing to luxury buyers and investors.
  • Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, boosting real estate investment.
  • Demographic developments: Increasing number of affluent retirees and expatriates seeking luxury living in Mijas.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and leisure facilities enhancing property appeal.
  • Historical WOZ value trends: Consistent appreciation in property values in Mijas and Costa del Sol, indicating a stable market.

Possible improvements

  • Adding a smart home system for automation and security.
  • Upgrading kitchen appliances or finishes for even higher luxury appeal.
  • Enhancing outdoor living spaces with additional features like a pergola or outdoor kitchen.
  • Implementing energy-efficient upgrades to reduce utility costs and appeal to eco-conscious buyers.
  • Adding custom furniture or art to increase the property's luxury feel.

Description

Experience unparalleled luxury living in this exclusive Santa Barbara Heights apartment in Mijas, Spain. This modern residence offers approximately 110 square meters of elegant interior space complemented by a spacious 30-square-meter south and east-facing terrace with breathtaking views of the Mediterranean Sea. The private terrace features a plunge pool with glass walls, perfect for relaxing while enjoying panoramic sea vistas. Inside, the bright, open-plan living area seamlessly connects to the outdoor space, creating a perfect setting for indoor-outdoor living. The fully equipped kitchen boasts high-end Miele appliances and stylish finishes, making it ideal for both daily life and entertaining. The property includes two en-suite bedrooms, with the master featuring a spa bath and direct terrace access, plus a guest toilet. Fully furnished, air-conditioned, and Wi-Fi-enabled, this apartment is move-in ready. Residents benefit from premier amenities such as a large swimming pool, children’s pool, fitness center, Turkish bath, sauna, and secure gated community with video surveillance. Additional features include a private underground parking space and storage room. Located in Mijas, Spain, this property offers easy access to beaches, golf courses, and vibrant city life, making it perfect for discerning buyers seeking luxury, privacy, and convenience in the Costa del Sol.

Location

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