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2
Bedrooms
2
Bathrooms
130 m²
Surface area
€
€4538
Price per m²
Apartment
Property type
+28 photos
Analysis
Price
€590.000
Own investment (30%)
€177.000
30% down payment of purchase price
Buyer costs
€59.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€112,66
Expected occupancy rate
67%
Gross rental p/m
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€0000
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Mortgage costs
-€1.101,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€108,33
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
-€344,39
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€137,88
Municipal taxes for Mijas
Tax
(19%)
-€59,34
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
€112,66
High season
€151
Mid season
€109,58
Low season
€90
Price determining factors
- Proximity to beaches, golf courses, and amenities.
- Scenic mountain and coast views.
- Luxury design and spacious layouts.
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
1.29%
5 Year Return
6.45%
10 Year Return
12.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interiors enhance value.
- Local market trends in 2027: Growing demand for coastal properties in Mijas.
- Property type: Apartments in high-demand luxury developments.
- Economic outlook in 2027: Positive, with steady growth in Spain's economy.
- Demographic developments: Increasing interest from international buyers and retirees.
- Infrastructure plans in 2027: Improved transportation and amenities boost attractiveness.
- Historical WOZ value trends: Consistent appreciation indicating a stable market.
Possible improvements
- Upgrade interior finishes and appliances.
- Add smart home features.
- Enhance outdoor living spaces.
- Improve energy efficiency.
Description
Discover exclusive new residences in Mijas, Spain, offering luxurious living amidst stunning natural surroundings. Priced from €590,000 to €1,799,000, these modern homes feature 2 to 3 bedrooms and 2 to 3 bathrooms, with spacious built areas ranging from 130m² to 364m². Nestled in a prime location between the charming towns of Mijas, Benalmadena, and Fuengirola, this development provides unparalleled access to the vibrant Costa del Sol lifestyle. Imagine waking up to breathtaking mountain views and enjoying tranquil sunsets over the coast, all from the comfort of your Mijas property. Whether you’re seeking a permanent residence, holiday home, or an investment opportunity, these majestic residences in Mijas, Spain, combine contemporary design with natural beauty. The strategic location ensures easy access to beaches, golf courses, and local amenities, making it an ideal choice for those looking to embrace the best of Spanish coastal living. Don’t miss the chance to own a piece of paradise in Mijas, where luxury, tranquility, and scenic landscapes come together in perfect harmony.
Location
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Nightly rates in the area
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