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Apartment in Mijas, 3 bedrooms, 113 m² €385.000

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3
Bedrooms
2
Bathrooms
113 m²
Surface area
€
€3407
Price per m²
Apartment
Property type
Apartment in Mijas, 3 bedrooms, 113 m² - Hoofdafbeelding
Apartment in Mijas, 3 bedrooms, 113 m² - Afbeelding 1
Apartment in Mijas, 3 bedrooms, 113 m² - Afbeelding 2
Apartment in Mijas, 3 bedrooms, 113 m² - Afbeelding 3
+17 photos

Analysis

Price
€385.000
Own investment (30%)
€115.500
Buyer costs
€38.500
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€718,67
Maintenance costs
-€94,17
Cleaning costs
-€333,33
Platform fees
-€470,82
Municipal taxes
-€94,31
Tax (19%)
-€271,23
Cashflow p.m.
Earned back in
00months

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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 course and coast: Premium location increases value.
  • Community amenities: Pool, gardens, private parking, and storage add to desirability.
  • Renovation quality: Modern, move-in ready condition enhances market appeal.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

12.01%

5 Year Return

60.05%

10 Year Return

120.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Recent renovation enhances value and appeal.
  • Local market trends in 2027: Growing demand for golf properties and holiday rentals on Costa del Sol.
  • Property type: Frontline golf apartment is highly desirable for both residents and investors.
  • Economic outlook in 2027: Positive economic growth in Spain and increased tourism boost property values.
  • Demographic developments: Increasing expatriate and retiree populations seeking quality housing.
  • Infrastructure plans in 2027: Continued improvements in transportation and amenities support property appreciation.
  • Historical WOZ value trends: Steady increase indicating rising property values and local development.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Add smart home features for modern convenience.
  • Improve outdoor space with landscaping or a terrace upgrade.
  • Install energy-efficient windows or solar panels to reduce costs.

Description

Discover this beautifully renovated frontline-golf apartment in Mijas, Spain, offering an ideal blend of comfort and convenience. Situated within the prestigious La Siesta de Mijas Golf community, this fully furnished property features a practical layout with stunning direct views over the golf course, perfect for both year-round living and investment opportunities. Recently renovated for €50,000, the apartment is move-in ready, making it an attractive option for buyers seeking a turnkey property in Mijas. The spacious living area opens onto a terrace facing the lush green fairways, providing a serene outdoor space to enjoy the Mediterranean climate. Included with the apartment are a private parking space and a storage room, enhancing everyday practicality. The quiet, well-maintained community boasts amenities such as a swimming pool and landscaped gardens, creating an inviting atmosphere for residents. Located close to essential amenities and with easy road access, this Mijas apartment offers excellent connectivity: Málaga Airport is approximately 25 minutes away, Fuengirola about 10 minutes, La Cala de Mijas around 12 minutes, and Marbella roughly 25 minutes. With its prime frontline-golf position, recent renovation, and proximity to the coast, this property presents a compelling opportunity for those seeking a stylish home or a profitable rental investment in Mijas, Spain. Experience the best of Costa del Sol living with this exceptional Mijas golf apartment.

Location

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