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2
Bedrooms
1
Bathrooms
74 m²
Surface area
€
€4365
Price per m²
Apartment
Property type
+16 photos
Analysis
Price
€323.000
Own investment (30%)
€96.900
30% down payment of purchase price
Buyer costs
€32.300
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
-€602,93
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€61,67
{% 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
-€81,14
Municipal taxes for Mijas
Tax
(19%)
-€147,08
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 beaches and leisure facilities: Enhances attractiveness for holiday rentals and buyers.
- Views and outdoor space: Panoramic sea views and glazed terrace increase desirability.
- Property condition: Modern fixtures and renovation support higher pricing.
- Local development projects: New infrastructure or commercial developments could increase property value.
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
7.77%
5 Year Return
38.85%
10 Year Return
77.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value appreciation.
- Local market trends in 2027: Expected growth in tourism and real estate demand in Costa del Sol.
- Property type: Apartment in a desirable area, likely to appreciate with ongoing development.
- Economic outlook in 2027: Positive economic growth in Spain and Europe, boosting property values.
- Demographic developments: Increasing demand from retirees and expatriates seeking Mediterranean lifestyle.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities in Mijas and surrounding areas.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Adding a modernized kitchen or bathroom upgrade.
- Installing smart home technology for added convenience.
- Enhancing outdoor spaces with landscaping or additional amenities.
- Upgrading fixtures and fittings to premium brands.
Description
Discover the ultimate Mediterranean lifestyle with this beautifully renovated 2-bedroom, 1-bath apartment in Mijas, Spain. Perfectly positioned between Fuengirola and Marbella, this property offers stunning panoramic sea views from its spacious glazed terrace, allowing you to enjoy the tranquil beauty of the Costa del Sol. The bright, airy interior features a master bedroom with a custom-built wardrobe, a modern bathroom with high-quality porcelain fixtures, and a contemporary kitchen with a sleek Silestone countertop—combining style and functionality seamlessly. Additional amenities include a private outdoor parking space, a storage room, and access to a communal swimming pool within the urbanization, ideal for relaxing under the warm Spanish sun. Located just 10 minutes from La Cala de Mijas and close to key leisure and sports facilities such as Miraflores Golf, Sport Riviera Gym, and Max Beach Club, this Mijas property offers convenience and vibrant local life. Whether seeking a permanent residence, holiday home, or investment opportunity, this apartment embodies comfort, sunshine, and breathtaking sea views in one of the most desirable areas of Mijas, Spain. Don't miss the chance to own a piece of the Mediterranean paradise in Mijas, Spain.
Location
Nightly rates in the area
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