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Apartment in Mijas, 3 bedrooms, 111 m² €395.000

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3
Bedrooms
2
Bathrooms
111 m²
Surface area
€
€3559
Price per m²
Apartment
Property type
Apartment in Mijas, 3 bedrooms, 111 m² - Hoofdafbeelding
Apartment in Mijas, 3 bedrooms, 111 m² - Afbeelding 1
Apartment in Mijas, 3 bedrooms, 111 m² - Afbeelding 2
Apartment in Mijas, 3 bedrooms, 111 m² - Afbeelding 3
+15 photos

Analysis

Price
€395.000
Own investment (30%)
€118.500
Buyer costs
€39.500
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€737,33
Maintenance costs
-€92,50
Cleaning costs
-€333,33
Platform fees
-€470,82
Municipal taxes
-€96,44
Tax (19%)
-€267,59
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€161,24
High season
€203
Mid season
€156,75
Low season
€124

Price determining factors

  • Proximity to golf courses and beaches: High demand for golf-front and coastal properties.
  • Community amenities: Heated pools, gardens, and parking add value.
  • Property features: Modern kitchen, marble floors, air conditioning, and terraces.
  • Location: Close to Fuengirola, Malaga, and Marbella, which are popular tourist and expatriate destinations.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

11.55%

5 Year Return

57.75%

10 Year Return

115.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, which supports value appreciation.
  • Local market trends in 2027: Growing demand for coastal properties in Mijas and Costa del Sol, boosting property values.
  • Property type: Apartment in a desirable golf community, which tends to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain and increased tourism, supporting real estate demand.
  • Demographic developments: Increasing number of retirees and expatriates seeking coastal living, driving demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities, enhancing property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Renovate bathrooms for modern appeal.
  • Enhance outdoor spaces with landscaping or additional seating.
  • Add smart home features for convenience and security.

Description

Experience luxurious living with this frontline golf apartment for sale in Mijas, Spain. Located within a highly sought-after gated community, this stunning 3-bedroom, 2-bathroom property offers breathtaking views over the lush fairways of Los Largos Golf Course. Perfectly positioned for golf enthusiasts and those seeking serene coastal living, this Mijas property combines comfort, style, and convenience. The bright, open-plan lounge and dining area feature double sliding doors that lead to a spacious terrace, ideal for al fresco dining while enjoying spectacular golf course vistas. The fully fitted kitchen boasts high-quality Edema and Teka appliances, with a breakfast bar and access to a utility terrace. The master bedroom includes an en-suite bathroom with a bathtub and shower, with two additional double bedrooms sharing access to private terraces overlooking the golf course. Community amenities include a heated swimming pool, children’s pool, and beautifully maintained gardens, with easy street parking. Additional features such as marble floors and hot/cold air conditioning enhance comfort. Located just minutes from the championship golf courses of Los Largos and Los Olivos, Mijas Golf, and within walking distance to excellent restaurants, this Mijas apartment offers a prime opportunity for golf lovers and investors alike. Conveniently situated 8 minutes from Fuengirola beach, 22 minutes from Malaga, and 25 minutes from Marbella, this property provides an ideal base for exploring the Costa del Sol. Don’t miss the chance to own this exceptional golf front property in Mijas, Spain, with spectacular views and top amenities.

Location

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