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2
Bedrooms
2
Bathrooms
81 mĀ²
Surface area
ā¬
ā¬4556
Price per mĀ²
Apartment
Property type
+32 photos
Analysis
Price
ā¬369.000
Own investment (30%)
ā¬110.700
30% down payment of purchase price
Buyer costs
ā¬36.900
Buyer costs: 10% of purchase price
Estimated nightly rate
ā¬111,42
Expected occupancy rate
68%
Gross rental p/m
Log in to see the annual gross rental income
ā¬0000
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Mortgage costs
-ā¬688,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-ā¬67,50
{% trans 'Estimated annual maintenance costs (10ā¬/mĀ²). This is the
rule of thumb for existing and older homes. For new construction,
this is usually lower.' %}
Cleaning costs
-ā¬291,67
Annual cleaning costs:ā¬3500 (ā¬291.67/month).Based on number of bedrooms.
Platform fees
-ā¬345,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-ā¬90,91
Municipal taxes for Mijas
Tax
(19%)
-ā¬155,80
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
ā¬111,42
High season
ā¬149
Mid season
ā¬108,50
Low season
ā¬87
Price determining factors
- Location within Mijas: Proximity to beaches, golf courses, and amenities.
- Property features: Modern design, sea views, outdoor space, and included amenities.
- Market demand: High demand for luxury apartments in Costa del Sol.
- Economic factors: Stable currency, low interest rates, and tourism growth.
- Local developments: New commercial centers, transport infrastructure, and recreational facilities.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
7.20%
5 Year Return
36.00%
10 Year Return
72.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern finishes enhances value.
- Local market trends in 2027: Growing demand for holiday and investment properties in Costa del Sol.
- Property type: Apartments in upscale complexes attract higher appreciation.
- Economic outlook in 2027: Positive economic growth in Spain and Europe supports property values.
- Demographic developments: Increasing number of retirees and expatriates boosting demand.
- Infrastructure plans in 2027: Improved transport links and amenities in Mijas and surrounding areas.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Enhance outdoor living space with additional landscaping or furniture.
- Install smart home technology for added convenience.
- Improve energy efficiency with solar panels or better insulation.
- Renovate bathrooms for a more modern look.
Description
Discover this exceptional apartment for sale in Mijas, Spain, offering the perfect blend of luxury, comfort, and investment potential. This south-facing two-bedroom, two-bathroom property boasts a prime location within a secure, upscale residential complex, just minutes from the new Gran Parque de la Costa del Sol. Spanning approximately 80.96 mĀ² with a spacious 24 mĀ² terrace, the apartment features a modern open-plan kitchen seamlessly connected to a bright living area. Both bedrooms are generously sized with built-in wardrobes, complemented by elegant marble flooring and high-quality bathrooms with underfloor heating. The large covered terrace offers stunning partial sea views, lush greenery, and all-day sunshineāideal for relaxing year-round. Included amenities such as underground parking and a storage room enhance convenience. Situated near renowned golf courses like Ćguila Golf, and surrounded by beautiful mountains, this property is perfect for golf lovers and outdoor enthusiasts. The vibrant area also features supermarkets, sports clubs, beaches in Cala de Mijas and Fuengirola just a short drive away, and easy access to MĆ”laga Airport and Marbella. Whether seeking a luxurious residence or a lucrative investment, this Mijas apartment in Spain combines exceptional location, modern design, and excellent amenities. Donāt miss the opportunity to own your dream home on the Costa del Solācontact us today for more information or to arrange a viewing.
Location
Nightly rates in the area
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