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Apartment in Mijas, 2 bedrooms, 121 m² €365.000

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2
Bedrooms
2
Bathrooms
121 m²
Surface area
€
€3017
Price per m²
Apartment
Property type
Apartment in Mijas, 2 bedrooms, 121 m² - Hoofdafbeelding
Apartment in Mijas, 2 bedrooms, 121 m² - Afbeelding 1
Apartment in Mijas, 2 bedrooms, 121 m² - Afbeelding 2
Apartment in Mijas, 2 bedrooms, 121 m² - Afbeelding 3
+7 photos

Analysis

Price
€365.000
Own investment (30%)
€109.500
Buyer costs
€36.500
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€681,33
Maintenance costs
-€100,83
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€90,06
Tax (19%)
-€151,04
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

  • Location in Mijas: Prime coastal area with high demand.
  • Property features: Large terraces, modern design, sustainability features.
  • Market demand: High demand for holiday and retirement homes.
  • Economic factors: Spain's economic recovery and tourism growth.
  • Local developments: New infrastructure projects and community amenities.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

7.06%

5 Year Return

35.30%

10 Year Return

70.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartments enhance value.
  • Local market trends in 2027: Growing demand for coastal properties in Spain.
  • Property type: Apartments in a desirable location attract higher appreciation.
  • Economic outlook in 2027: Stable economic growth in Spain supports property values.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities increase attractiveness.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Adding smart home technology.
  • Renovating to modern standards or luxury finishes.
  • Enhancing outdoor spaces with landscaping.
  • Upgrading kitchen and bathroom fixtures.
  • Implementing energy-efficient solutions.

Description

Discover exceptional new apartments in Mijas, Spain, with prices ranging from €365,000 to €490,000. These modern multi-family homes feature 2 to 3 bedrooms and 2 to 3 bathrooms, offering spacious living areas from 121m² to 147m². Set in a picturesque location, this Mijas property combines contemporary design with sustainability, making it an ideal choice for those seeking a lifestyle connected to nature and comfort. Designed for tranquil living, these Mijas apartments boast large, sunlit terraces that maximize natural light throughout the year, creating a seamless indoor-outdoor living experience. Each home is thoughtfully crafted to provide everyday comfort and relaxed living in the scenic surroundings of Mijas, Spain. The development also includes practical amenities such as private storage rooms and dedicated parking spaces for cars and motorcycles, ensuring convenience for residents. Whether you're looking for a primary residence or a holiday retreat, these Mijas apartments offer the perfect blend of style, functionality, and location. Benefit from the vibrant lifestyle of Mijas while enjoying the peace of a sustainable community in Spain. With the license requested in September 2025, this property presents an excellent investment opportunity in one of Spain’s most charming coastal towns.

Location

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