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1
Bedrooms
1
Bathrooms
51 m²
Surface area
€
€6078
Price per m²
Apartment
Property type
+10 photos
Analysis
Price
€310.000
Own investment (30%)
€93.000
30% down payment of purchase price
Buyer costs
€31.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€80,76
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€578,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€42,50
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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€254,24
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€83,26
Municipal taxes for Mijas Costa
Tax
(19%)
-€84,48
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
€80,76
High season
€108
Mid season
€78,83
Low season
€61
Price determining factors
- Proximity to beaches and tourist attractions: High demand area.
- Tourist license: Enables short-term rentals, increasing income potential.
- Fully furnished and decorated: Attractive to buyers and renters.
- Natural sunlight and private garden: Enhances property appeal.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €111 | Stunning apartment with ocean views | 3.0 km |
| €287,40 | Casita with fantastic views | 6.1 km |
| €165,60 | Beautiful Mijas Pueblo Townhouse with sea views | 5.7 km |
| €80 | "The Bridge" Los Monteros | 17.4 km |
| €39,60 | La EcoCasita in Malaga | 17.6 km |
| €154,20 | Casa Del Mirador, Private Pool and Hot Tub, Views | 17.1 km |
| €95,60 | Authentic rural little house with private pool | 18.0 km |
| €57,80 | ***Beautiful Downtown Studio, Garden and Pool*** | 11.6 km |
| €157,60 | Beautiful Wooden Cabin with exclusive use of pool | 20.2 km |
| €140 | Modern & Sea views: Apartment La Roca | 14.8 km |
Return & Value appreciation
Annual return
3.49%
5 Year Return
17.45%
10 Year Return
34.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, likely to attract higher rental income and appreciation.
- Local market trends in 2027: Expected growth due to increasing tourism and demand for coastal properties.
- Property type: Apartments in high-demand beachfront location tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain and the EU, supporting property values.
- Demographic developments: Growing interest from expatriates and retirees, increasing demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Mijas Costa.
- Historical WOZ value trends: Consistent increase in property values and taxes in the region.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Add modern smart home features.
- Improve outdoor furniture and landscaping.
- Enhance energy efficiency with solar panels or better insulation.
Description
Experience coastal living at its finest with this beautifully renovated beachfront garden apartment in Mijas Costa, Spain. Perfectly positioned just a 3-minute walk from the stunning beaches of Mijas Costa, this fully furnished and tastefully decorated apartment offers an ideal blend of comfort and seaside charm. Its southeast orientation ensures an abundance of natural sunlight, creating a warm and inviting atmosphere throughout the day. Inside, you'll find a spacious open-plan kitchen, living, and dining area that seamlessly connect to a private garden—perfect for relaxing or entertaining. The property features one bedroom and one modern bathroom, making it an excellent full-time residence, holiday retreat, or rental investment. With a tourist license in place, this Mijas Costa apartment offers hassle-free income potential in one of Spain’s most sought-after coastal locations. Whether you're seeking a serene holiday escape or a permanent home on Spain’s Costa del Sol, this property combines convenience, style, and investment opportunity in Mijas Costa, Spain.
Location
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Nightly rates in the area
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