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2
Bedrooms
1
Bathrooms
52 m²
Surface area
€
€6519
Price per m²
Apartment
Property type
+39 photos
Analysis
Price
€339.000
Own investment (30%)
€101.700
30% down payment of purchase price
Buyer costs
€33.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€103,04
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€632,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€43,33
{% 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
-€319,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€84,54
Municipal taxes for Mijas
Tax
(19%)
-€144,25
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
€103,04
High season
€138
Mid season
€100,42
Low season
€82
Price determining factors
- Proximity to Málaga and Marbella: High demand areas.
- Views and amenities: Panoramic sea and mountain views, luxury facilities.
- Location: Prime location between major cities on Costa del Sol.
- Property condition: Modern, high-quality finishes.
- Market demand: Growing interest in holiday and rental properties.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
7.26%
5 Year Return
36.30%
10 Year Return
72.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interiors and amenities enhance value.
- Local market trends in 2027: Expected growth due to tourism and expatriate influx.
- Property type: Apartments in a luxury development attract higher appreciation.
- Economic outlook in 2027: Positive, with steady growth in Spain's economy and tourism sector.
- Demographic developments: Increasing demand from retirees, expatriates, and holidaymakers.
- Infrastructure plans in 2027: Improved transportation and local amenities boost attractiveness.
- Historical WOZ value trends: Consistent increase reflecting rising property values.
Possible improvements
- Adding smart home technology for modern appeal.
- Upgrading kitchen and bathroom fixtures.
- Enhancing outdoor spaces or roof terraces.
- Implementing energy-efficient systems to reduce costs.
- Renovating to include premium finishes or custom features.
Description
Discover exceptional investment opportunities with this brand-new luxury development in Mijas, Spain. Priced from €339,000 to €429,000, these modern apartments feature 2 to 3 bedrooms, 1 to 2 bathrooms, and spacious built areas ranging from 52m² to 168m². Located conveniently between Málaga and Marbella, this finished residential project offers stunning panoramic views of the Mediterranean Sea and the picturesque mountains of Mijas. Each apartment boasts a contemporary interior, a premium royal kitchen, and expansive roof terraces perfect for enjoying the spectacular scenery. Private parking and storage ensure convenience, while amenities like air conditioning, wellness facilities, a heated pool, and on-site restaurants make this complex ideal for full-time living, holiday retreats, or lucrative rentals. As an official residential property in Mijas, Spain, these apartments provide flexible usage options and the potential for guaranteed rental income through established rental contracts. The development’s prime location combines tranquility with accessibility, making it an attractive investment for those seeking a luxurious lifestyle in Mijas. With onsite amenities including supermarkets, wellness centers, children’s activities, and concierge services, this property truly offers a complete living experience. Whether you’re looking for a permanent residence, holiday home, or a profitable investment in Mijas, Spain, this new complex delivers on all fronts. Experience the best of Spain’s Costa del Sol living in this exceptional Mijas property, where stunning views, modern comfort, and investment potential come together seamlessly.
Location
Nightly rates in the area
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