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Apartment in Mijas, 2 bedrooms, 117 m² €425.000

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2
Bedrooms
2
Bathrooms
117 m²
Surface area
€3632
Price per m²
Apartment
Property type
Apartment in Mijas, 2 bedrooms, 117 m² - Hoofdafbeelding
Apartment in Mijas, 2 bedrooms, 117 m² - Afbeelding 1
Apartment in Mijas, 2 bedrooms, 117 m² - Afbeelding 2
Apartment in Mijas, 2 bedrooms, 117 m² - Afbeelding 3
+20 photos

Analysis

Price
€425.000
Own investment (30%)
€127.500
Buyer costs
€42.500
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€793,33
Maintenance costs
-€97,50
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€102,81
Tax (19%)
-€127,97
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€111,42
High season
€149
Mid season
€108,50
Low season
€87

Price determining factors

  • Proximity to beaches, golf courses, and Marbella.
  • Views of the sea and outdoor space.
  • Community amenities like pools and gardens.
  • Condition of the property and recent renovations.
  • Local demand for holiday rentals and permanent residence.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

5.13%

5 Year Return

25.65%

10 Year Return

51.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern decor, excellent condition increases value.
  • Local market trends in 2027: Growing demand for coastal properties on the Costa del Sol.
  • Property type: Apartments in a desirable gated community with amenities.
  • Economic outlook in 2027: Positive economic growth in Spain and the Eurozone supports property appreciation.
  • Demographic developments: Increasing interest from retirees and expatriates seeking Mediterranean lifestyle.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities enhance accessibility.
  • Historical WOZ value trends: Steady increase in property taxes indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Add smart home features for modern convenience.
  • Improve outdoor furniture and decor for the terrace.
  • Renovate bathrooms for a more contemporary look.
  • Enhance energy efficiency with solar panels or better insulation.

Description

Discover this beautifully appointed 2-bedroom apartment in Mijas, Spain, offering spectacular panoramic sea views on the Costa del Sol. Located within the prestigious Ángel de Miraflores urbanization in Rancho C, this property combines comfort, tranquility, and breathtaking scenery, making it an ideal permanent residence, holiday retreat, or rental investment on the Costa del Sol. The spacious, light-filled living room features tasteful decor and opens onto a large, covered terrace with uninterrupted sea views, perfect for outdoor dining and relaxing while soaking in the Mediterranean atmosphere. The fully equipped independent kitchen ensures convenience for daily living. The apartment boasts two comfortable bedrooms with built-in wardrobes and a modern bathroom, all in excellent condition. A private parking space adds further convenience. Set amidst lush gardens and well-maintained communal areas, Rancho C offers residents access to two beautiful swimming pools, sunbathing areas, and a secure, gated community that provides peace and privacy year-round. The property’s prime location between La Cala de Mijas and Calahonda provides easy access to beaches, shops, restaurants, and public transportation. Nearby amenities include Miraflores Golf Club, just around the corner, with Marbella only 10 minutes away and Málaga Airport within 25 minutes. Key features include panoramic sea views, a spacious covered terrace usable all year, access to communal pools and gardens, proximity to golf courses, and secure community living. This exceptional Mijas apartment on the Costa del Sol presents a rare opportunity to enjoy the best of coastal Spain—perfect for those seeking a permanent home or a lucrative investment in Mijas, Spain.

Location

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