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Apartment in Mijas, 3 bedrooms, 71 m² €379.000

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3
Bedrooms
1
Bathrooms
71 m²
Surface area
€
€5338
Price per m²
Apartment
Property type
Apartment in Mijas, 3 bedrooms, 71 m² - Hoofdafbeelding
Apartment in Mijas, 3 bedrooms, 71 m² - Afbeelding 1
Apartment in Mijas, 3 bedrooms, 71 m² - Afbeelding 2
Apartment in Mijas, 3 bedrooms, 71 m² - Afbeelding 3
+18 photos

Analysis

Price
€379.000
Own investment (30%)
€113.700
Buyer costs
€37.900
Estimated nightly rate
€129,40
Expected occupancy rate
59%
Gross rental p/m
€0000
Mortgage costs
-€707,47
Maintenance costs
-€59,17
Cleaning costs
-€333,33
Platform fees
-€348,33
Municipal taxes
-€93,04
Tax (19%)
-€148,36
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€129,40
High season
€167
Mid season
€125,08
Low season
€97

Price determining factors

  • Proximity to beaches and amenities
  • Views of sea and pool
  • Modern facilities and furnishings
  • Location within a well-maintained complex

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

6.68%

5 Year Return

33.40%

10 Year Return

66.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartment enhances value.
  • Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand.
  • Property type: Apartments in resort areas tend to appreciate due to high demand.
  • Economic outlook in 2027: Positive, with growth in Spain's tourism and real estate sectors.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Improved transportation and amenities support property value growth.
  • Historical WOZ value trends: Consistent increase indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures
  • Enhance outdoor terrace with furniture or landscaping
  • Add smart home features for modern appeal
  • Renovate bathroom for a more luxurious feel

Description

Experience the perfect Mediterranean lifestyle with this stunning 3-bedroom luxury apartment in Mijas, Spain. Boasting breathtaking views of the pool, communal gardens, and the sparkling sea, this property offers an ideal blend of comfort and convenience. The bright, spacious living area and sunny terrace create a tranquil retreat where you can enjoy the sun, relax by the pool, or soak in the scenic vistas. Located within a well-maintained complex, residents have access to resort-style amenities including a large swimming pool, landscaped gardens, a sauna, fitness center, and on-site restaurant. Families will appreciate the dedicated children’s play areas, while investors will find the fully-managed holiday rental potential a major advantage. The apartment features a modern layout with three bedrooms, a stylish bathroom, private parking, and a storage room. Positioned just minutes from lively towns like Fuengirola and La Cala de Mijas, and only 25 minutes from Málaga Airport, this property is perfect as a permanent residence, holiday home, or investment opportunity in Mijas, Spain. Discover your ideal home in this serene, sea-view paradise and enjoy the best of the Costa del Sol living in Mijas, Spain.

Location

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