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Apartment in Mijas, 2 bedrooms, 89 m² €412.100

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2
Bedrooms
2
Bathrooms
89 m²
Surface area
€
€4630
Price per m²
Apartment
Property type
Apartment in Mijas, 2 bedrooms, 89 m² - Hoofdafbeelding
Apartment in Mijas, 2 bedrooms, 89 m² - Afbeelding 1
Apartment in Mijas, 2 bedrooms, 89 m² - Afbeelding 2
Apartment in Mijas, 2 bedrooms, 89 m² - Afbeelding 3
+12 photos

Analysis

Price
€412.100
Own investment (30%)
€123.630
Buyer costs
€41.210
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€769,25
Maintenance costs
-€74,17
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€100,07
Tax (19%)
-€137,50
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

  • Proximity to the sea and amenities.
  • Quality of construction and finishes.
  • Views and outdoor space.
  • Community facilities like pools and gardens.
  • Market demand for holiday and investment properties.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

5.69%

5 Year Return

28.45%

10 Year Return

56.90%

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 a desirable development attract higher appreciation.
  • Economic outlook in 2027: Positive economic growth in Spain supports property values.
  • Demographic developments: Increasing expat and retiree populations boost demand.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities increase attractiveness.
  • Historical WOZ value trends: Steady increase in property taxes indicates rising property values.

Possible improvements

  • Upgrade interior finishes and appliances.
  • Enhance outdoor terraces or gardens.
  • Add smart home features.
  • Improve energy efficiency and insulation.
  • Renovate bathrooms and kitchens for modern appeal.

Description

Discover modern living in this exclusive new development in Mijas, Spain, offering a range of stylish two and three-bedroom homes from €412,100 to €555,200. This gated residential complex features 46 meticulously designed properties, perfect for those seeking comfort, style, and tranquility in Mijas. Each home boasts spacious layouts, with some units enjoying spectacular sea views and expansive terraces, while ground-floor apartments offer generous gardens to embrace the natural beauty of the Mijas surroundings. Every property in this Mijas real estate development includes dedicated parking and a storage room, ensuring convenience and practicality. Residents can enjoy premium amenities such as a community swimming pool, lush garden areas, and a relaxing chill-out zone, making it an ideal place to live or invest in Mijas, Spain. Designed with an emphasis on modernity, functionality, and high standards, these homes feature an elegant, urban aesthetic combined with practical features. Whether you're looking for a primary residence or a smart investment in Mijas real estate, this development offers an attractive opportunity in the heart of Spain’s Costa del Sol. Experience the allure of Mijas living in a private community that seamlessly blends natural beauty with contemporary comfort. Don't miss your chance to own a piece of this thriving property market in Mijas, Spain, where quality meets lifestyle in one of the most sought-after locations on the Costa del Sol.

Location

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