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3
Bedrooms
2
Bathrooms
115 m²
Surface area
€
€3043
Price per m²
Apartment
Property type
+12 photos
Analysis
Price
€350.000
Own investment (30%)
€105.000
30% down payment of purchase price
Buyer costs
€35.000
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
-€653,33
This is the monthly interest you pay for the mortgage
(3.2% interest)
Maintenance costs
-€95,83
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
-€96,44
Municipal taxes for Mijas
Tax
(19%)
-€282,92
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.
Nightly Rates
Estimated nightly rate
€161,24
High season
€203
Mid season
€156,75
Low season
€124
Price determining factors
- Proximity to beaches, golf courses, and amenities increases desirability.
- Views of golf course and mountains add premium value.
- Community amenities such as pools and gardens enhance appeal.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| 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
10.34%
5 Year Return
51.70%
10 Year Return
103.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained apartments with modern amenities tend to appreciate more.
- Local market trends in 2027: Growing demand for holiday and investment properties in Mijas and Costa del Sol.
- Property type: Apartments in gated communities with amenities are attractive to buyers and renters.
- Economic outlook in 2027: Expected steady growth in Spain's economy, supporting real estate appreciation.
- Demographic developments: Increasing number of retirees and expatriates seeking properties in Spain.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and leisure facilities enhance property value.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Renovate bathrooms and kitchen for modern appeal.
- Upgrade air conditioning and heating systems.
- Enhance outdoor spaces with landscaping or additional terraces.
- Implement energy-efficient appliances and fixtures.
Description
Discover this stunning 3-bedroom apartment for sale in Mijas, Spain, offering breathtaking views of the Los Largos golf course in this highly sought-after gated community. Perfectly positioned with a westerly orientation, this Mijas property combines luxurious living with convenient access to the vibrant beaches of Fuengirola, just a short drive away. The spacious open-plan lounge and dining area feature double sliding doors opening to a generous terrace, ideal for al fresco dining while enjoying panoramic fairway and mountain vistas. The modern, fully fitted kitchen includes high-quality appliances and a breakfast bar, with access to a utility terrace. The master bedroom boasts an en suite bathroom and private terrace overlooking the lush golf course and mountains. Two additional bedrooms share a family bathroom, with one opening to a private terrace overlooking the greens. Residents benefit from community amenities such as a large swimming pool, children’s pool, and beautifully maintained gardens. This Mijas apartment features elegant marble floors and hot/cold air conditioning in bedrooms, ensuring comfort year-round. Located near the championship golf courses of Los Largos and Los Olivos, Mijas Golf, this property is within walking distance of excellent restaurants, the clubhouse, and close to the 5-star La Zambra hotel. With easy parking and potential for holiday rentals, this apartment is ideal for investors or those seeking a luxurious Mijas residence. Experience spectacular golf and mountain views in this exceptional Mijas property in Spain.
Location
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