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Apartment in Mijas, 3 bedrooms, 144 m² €465.000

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3
Bedrooms
2
Bathrooms
144 m²
Surface area
€
€3229
Price per m²
Apartment
Property type
Apartment in Mijas, 3 bedrooms, 144 m² - Hoofdafbeelding
Apartment in Mijas, 3 bedrooms, 144 m² - Afbeelding 1
Apartment in Mijas, 3 bedrooms, 144 m² - Afbeelding 2
Apartment in Mijas, 3 bedrooms, 144 m² - Afbeelding 3
+21 photos

Analysis

Price
€465.000
Own investment (30%)
€139.500
Buyer costs
€46.500
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€868
Maintenance costs
-€120
Cleaning costs
-€333,33
Platform fees
-€470,82
Municipal taxes
-€111,31
Tax (19%)
-€234,72
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

  • Property condition: Good condition with modern amenities.
  • Local market trends in 2027: Rising property prices in Mijas and Costa del Sol.
  • Property type: Attractive ground floor with outdoor space.
  • Economic outlook in 2027: Favorable economic growth supporting property values.

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

8.61%

5 Year Return

43.05%

10 Year Return

86.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern features enhances value.
  • Local market trends in 2027: Expected growth due to tourism and expatriate demand.
  • Property type: Ground floor apartment with private garden and terraces is desirable.
  • Economic outlook in 2027: Positive, driven by tourism, real estate, and regional stability.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Enhance outdoor space with landscaping or additional features.
  • Modernize bathrooms for increased appeal.
  • Add smart home features for convenience and security.

Description

Discover this exceptional ground floor apartment for sale in Mijas, Spain, offering a rare opportunity to own a spacious and beautifully presented property in one of Mijas's most sought-after urbanizations. This well-maintained Mijas apartment features three bedrooms, including a luxurious master suite with access to private terraces and a lush garden, perfect for outdoor entertaining and relaxation. With an open-plan lounge and dining area complemented by a cozy log burner, this Mijas property provides a warm and inviting living space. The fully fitted kitchen boasts granite countertops and modern appliances, while a utility room adds convenience. Outside, enjoy panoramic mountain and countryside views from large terraces and a private garden with fruit trees, ideal for al fresco dining and family gatherings. The property also includes a secure underground parking space with lift access. Situated between the historic village of Mijas and vibrant Fuengirola, this apartment is close to local amenities, including supermarkets, bars, restaurants, and the renowned El Higueron Spa and Sports Resort. Community facilities feature well-maintained gardens, a large saltwater pool, and a children’s pool. Additional features include marble floors, double glazing, air conditioning, intercom, and automatic garden irrigation. Perfect as a family home or holiday retreat, this Mijas apartment offers superb value and is available fully furnished. Conveniently located just minutes from beaches, Mijas village, and Malaga Airport, this property in Mijas, Spain, is an ideal investment for those seeking a tranquil yet accessible lifestyle in the Costa del Sol.

Location

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