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2
Bedrooms
2
Bathrooms
90 m²
Surface area
€
€4111
Price per m²
Apartment
Property type
+12 photos
Analysis
Price
€370.000
Own investment (30%)
€111.000
30% down payment of purchase price
Buyer costs
€37.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€690,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€75
{% 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
-€345,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€91,12
Municipal taxes for Mijas
Tax
(19%)
-€153,98
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
€111,42
High season
€149
Mid season
€108,50
Low season
€87
Price determining factors
- Location in Mijas with scenic surroundings and proximity to Marbella.
- Access to beaches, golf courses, and hiking trails.
- Modern amenities and outdoor space.
- Potential for holiday rental income.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
7.10%
5 Year Return
35.50%
10 Year Return
71.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, supporting value retention and growth.
- Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand.
- Property type: Apartment in a desirable location, typically appreciating steadily.
- Economic outlook in 2027: Positive, with growth in Spain's economy and tourism sector.
- Demographic developments: Increasing expatriate and retiree population boosting demand.
- Infrastructure plans in 2027: Improvements in transportation and local amenities enhancing accessibility and attractiveness.
- Historical WOZ value trends: Consistent increase reflecting rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade air conditioning systems for energy efficiency.
- Enhance outdoor terrace with furniture or landscaping.
- Add smart home features for convenience.
Description
Discover this charming 2-bedroom, 2-bathroom apartment in Mijas, Spain, offering an ideal blend of comfort and Mediterranean lifestyle on the Costa del Sol. Spanning 90 m² of stylish interior space plus a 25 m² private terrace, this property is perfect for those seeking a serene yet vibrant living environment. Located in a tranquil urbanisation with a communal pool, the south-facing apartment features its own external staircase entrance leading to a spacious terrace—ideal for sunbathing, outdoor dining, or enjoying the warm Spanish climate. The adjacent garden area adds a touch of greenery, perfect for relaxation or gardening enthusiasts.
Inside, the fully equipped kitchen complements a well-thought-out layout with two comfortable bedrooms and modern bathrooms, making it suitable for permanent residence or holiday rentals. Modern amenities include hot and cold air conditioning, ensuring year-round comfort.
Nestled amidst nature and scenic hiking trails, this Mijas property offers easy access to Marbella’s renowned beaches, golf courses, and vibrant dining scene, making it a prime opportunity to enjoy the best of Costa del Sol living. With its combination of outdoor space, tranquil surroundings, and proximity to popular attractions, this Mijas apartment presents an exceptional investment in Spain’s real estate market.
Location
Nightly rates in the area
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