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2
Bedrooms
2
Bathrooms
92 m²
Surface area
€
€4152
Price per m²
Apartment
Property type
+8 photos
Analysis
Price
€382.000
Own investment (30%)
€114.600
30% down payment of purchase price
Buyer costs
€38.200
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
-€713,07
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
-€93,68
Municipal taxes for Mijas
Tax
(19%)
-€148,92
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
- Proximity to beaches and Malaga airport.
- Availability of amenities like pools, gyms, and gardens.
- Views of sea and mountains.
- Modern kitchen and interior features.
- Community facilities and outdoor spaces.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
6.65%
5 Year Return
33.25%
10 Year Return
66.50%
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 Costa del Sol.
- Property type: Apartments in a desirable development attract higher appreciation.
- Economic outlook in 2027: Positive economic growth in Spain supports real estate appreciation.
- Demographic developments: Increasing number of retirees and expatriates in Mijas.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities boost property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Adding smart home technology.
- Upgrading kitchen appliances or fixtures.
- Enhancing outdoor terraces with furniture or landscaping.
- Implementing energy-efficient solutions like solar panels.
- Renovating bathrooms for modern aesthetics.
Description
Discover modern living in Mijas, Spain, with this exclusive new development featuring stylish apartments ranging from €382,000 to €480,000. Perfectly situated less than 10 minutes from the stunning beaches of Mijas and only 20 minutes from Malaga airport, this residential complex offers a perfect blend of comfort, convenience, and natural beauty. The property in Mijas boasts 75 contemporary homes with 2 to 3 bedrooms and 2 bathrooms, designed to maximize sea and mountain views through spacious terraces of up to 100 m² and private gardens in the first-floor units. Each apartment is thoughtfully crafted with natural light and ventilation, creating a relaxing ambiance. Modern kitchens are equipped with high-quality appliances, including induction hobs, refrigerators, washing machines, dishwashers, ovens, and microwaves. Residents can enjoy an array of amenities, such as a central swimming pool with a chillout lounge, a fully equipped gym, a social club, barbecue and picnic areas, all set within over 13,000 m² of lush gardens. The development’s prime location provides easy access to the vibrant Costa del Sol lifestyle, with nearby attractions like the expansive Costa del Sol Park—featuring outdoor amphitheaters, running tracks, bike paths, skate parks, a navigable lake, and climbing walls. This Mijas property offers an exceptional opportunity for those seeking a modern, nature-connected home in Spain’s sought-after Costa del Sol region, combining scenic views, outdoor activities, and contemporary amenities for a balanced lifestyle.
Location
Nightly rates in the area
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