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Apartment in Mijas, 3 bedrooms, 185 m² €690.000

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3
Bedrooms
2
Bathrooms
185 m²
Surface area
€
€3730
Price per m²
Apartment
Property type
Apartment in Mijas, 3 bedrooms, 185 m² - Hoofdafbeelding
Apartment in Mijas, 3 bedrooms, 185 m² - Afbeelding 1
Apartment in Mijas, 3 bedrooms, 185 m² - Afbeelding 2
Apartment in Mijas, 3 bedrooms, 185 m² - Afbeelding 3
+18 photos

Analysis

Price
€690.000
Own investment (30%)
€207.000
Buyer costs
€69.000
Estimated nightly rate
€161,15
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€1.288
Maintenance costs
-€154,17
Cleaning costs
-€333,33
Platform fees
-€470,56
Municipal taxes
-€159,12
Tax (19%)
-€139,06
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€161,15
High season
€204
Mid season
€156,42
Low season
€124

Price determining factors

  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports property values.
  • Demographic developments: Increasing expatriate and retiree populations in Mijas drive demand.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities increase property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising 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

2.58%

5 Year Return

12.90%

10 Year Return

25.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Modern, well-maintained interiors enhance value.
  • Local market trends in 2027: Growing demand for properties in Costa del Sol boosts appreciation.
  • Property type: Apartments in desirable locations tend to appreciate steadily.

Possible improvements

  • Renovating bathrooms and kitchen for modern appeal.
  • Adding smart home features for convenience.
  • Enhancing outdoor spaces or balconies.
  • Upgrading fixtures and finishes to premium quality.

Description

Discover this exceptional apartment for sale in Mijas, Spain, offering a perfect blend of modern comfort and spacious living. Located in the charming town of Mijas, this property presents an ideal opportunity for buyers seeking a stylish residence in the heart of Spain's Costa del Sol. The apartment features contemporary design elements, generous interiors, and high-quality finishes, making it a standout choice among Mijas properties. Its prime location ensures easy access to local amenities, stunning beaches, and scenic views, enhancing the appeal of this Mijas apartment for both residential living and investment purposes. Whether you're looking for a permanent home or a holiday retreat, this property in Mijas, Spain, delivers excellent value and a superb lifestyle. Don't miss the chance to own this beautiful apartment in one of Spain’s most sought-after destinations, where comfort meets convenience in the picturesque setting of Mijas on Spain's southern coast.

Location

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