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2
Bedrooms
2
Bathrooms
92 m²
Surface area
€
€3587
Price per m²
Apartment
Property type
+3 photos
Analysis
Price
€330.000
Own investment (30%)
€99.000
30% down payment of purchase price
Buyer costs
€33.000
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
-€616
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€76,67
{% 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
-€345,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€82,62
Municipal taxes for Mijas
Tax
(19%)
-€169,46
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
- Economic outlook in 2027: Stable or improving economy supports property appreciation.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Planned improvements in transport and local amenities increase attractiveness.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
8.76%
5 Year Return
43.80%
10 Year Return
87.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interiors and amenities enhance value.
- Local market trends in 2027: Growing demand for holiday and permanent residences on Costa del Sol.
- Property type: Apartments in a desirable location attract consistent interest.
Possible improvements
- Adding smart home technology.
- Upgrading kitchen and bathroom fixtures.
- Enhancing outdoor spaces like terraces or gardens.
- Improving energy efficiency with solar panels or better insulation.
Description
Discover your ideal home on the Costa del Sol with this exclusive new development in Mijas, Spain. Priced from €330,000 to €460,000, these modern residences feature 2 to 3 bedrooms and 2 bathrooms, offering spacious living areas ranging from 92m² to 102m². Nestled in the tranquil neighborhood of El Lagarejo, this gated community provides the perfect blend of comfort and privacy, just a short 7-minute drive from the stunning beaches of Mijas. Each property boasts large terraces designed to maximize the Mediterranean climate, with duplex penthouses featuring expansive solariums and ground-floor units offering private gardens and terraces. The development includes a communal swimming pool surrounded by lush gardens, creating a serene environment ideal for relaxation. Every home comes with a dedicated garage space and storage room for added convenience. Interiors are thoughtfully designed for comfort, with fully equipped kitchens and pre-installed air conditioning systems for heating and cooling. Strategically located near major roads like A7 and AP-7, residents enjoy seamless access to the vibrant towns along the Costa del Sol and the city of Malaga. Essential services such as supermarkets, pharmacies, and schools are nearby, making this Mijas property an excellent choice for both permanent residents and investors seeking a prime location in Spain. Experience the best of Costa del Sol living with these beautifully appointed homes in Mijas, Spain.
Location
Nightly rates in the area
Questions? Chat with us!