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3
Bedrooms
2
Bathrooms
113 m²
Surface area
€
€3407
Price per m²
Apartment
Property type
+17 photos
Analysis
Price
€385.000
Own investment (30%)
€115.500
30% down payment of purchase price
Buyer costs
€38.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage costs
-€718,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€94,17
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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€470,82
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€94,31
Municipal taxes for Mijas
Tax
(19%)
-€271,23
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
€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 |
|---|---|---|
| €260,80 | Andalusian Villa with views, Pool, Garden & BBQ | 4.5 km |
| €185 | Villa La Guirnalda private pool/wifi/barbecue | 6.9 km |
| €164,40 | 3 Bed Accommodation with Pool | 9.5 km |
| €314 | Livita, Space, Above the beach, Cala de mijas | 10.2 km |
| €195,20 | Hacienda el Alamo | 10.3 km |
| €166,20 | Seaview house: Rooftop pool,gameroom, parking|REMS | 11.1 km |
| €92,80 | House Technology Park, luxury for you! | 16.8 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 21.0 km |
| €211,20 | Luxury attached Villa La Biznaga | 21.5 km |
| €226,80 | Bright Classic House Near La Malagueta | REMS | 25.4 km |
Return & Value appreciation
Annual return
9.01%
5 Year Return
45.05%
10 Year Return
90.10%
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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