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2
Bedrooms
3
Bathrooms
112 m²
Surface area
€
€3348
Price per m²
Apartment
Property type
+34 photos
Analysis
Price
€375.000
Own investment (30%)
€112.500
30% down payment of purchase price
Buyer costs
€37.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€118,97
Expected occupancy rate
67%
Gross rental p/m
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€0000
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Mortgage costs
-€700
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€93,33
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
-€363,68
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€92,19
Municipal taxes for Mijas Costa
Tax
(19%)
-€167,89
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
€118,97
High season
€159
Mid season
€115,67
Low season
€94
Price determining factors
- Proximity to beaches, amenities, and transport links.
- Sea views and modern renovations increase desirability.
- Community facilities like pools and landscaped gardens add value.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 7.0 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 5.7 km |
| €132,40 | Spectacular house on Carvajal Beach | 4.4 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 5.9 km |
| €166,80 | Chariming and creative house 50m from the beach | 16.2 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 11.7 km |
| €116 | Charming Sea Front Bungalow | 14.8 km |
| €124,86 | Sunny hillside casita in Guaro | 22.2 km |
| €170,20 | Unique views & terrace. Plz Merced | 28.0 km |
| €94,60 | Spacious Independent House ·Central Area – ARQ | 28.6 km |
Return & Value appreciation
Annual return
5.73%
5 Year Return
28.65%
10 Year Return
57.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value retention and growth.
- Local market trends in 2027: Expected continued demand for coastal properties in Mijas Costa due to popularity among tourists and expatriates.
- Property type: Apartments in a desirable complex tend to appreciate steadily, especially with amenities and sea views.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, supporting real estate investment.
- Demographic developments: Increasing expatriate and retiree population seeking coastal living, boosting demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities enhance property appeal.
- Historical WOZ value trends: Consistent increase in property values and WOZ assessments in Mijas Costa, indicating appreciation.
Possible improvements
- Adding a modern smart home system.
- Upgrading kitchen appliances and fixtures.
- Enhancing outdoor space with additional landscaping or furniture.
- Installing energy-efficient windows or solar panels.
Description
Experience stunning sea views from this modern, fully renovated apartment in the heart of Mijas Costa, Spain. Located in a well-established residential complex in Sitio de Calahonda, this spacious 112 m² property features an open-plan living and dining area flooded with natural light, seamlessly connecting to a south-facing terrace with uninterrupted Mediterranean vistas. The contemporary kitchen is designed for effortless entertaining, while two generous double bedrooms offer comfort and flexibility, including a master suite with private ensuite and a private terrace to enjoy morning coffees overlooking the sea. The apartment's prime location provides easy access to local amenities such as bars, restaurants, golf and tennis clubs, supermarkets, international schools, medical centres, and a dog park—all within walking distance. Just a four-minute drive to the beach and close to the AP-7 motorway, this property ensures effortless travel along the Costa del Sol, with Marbella and Puerto Banús only a 20-minute drive away. The well-maintained community offers landscaped gardens, a large outdoor pool, and a heated indoor pool, perfect for year-round relaxation. With excellent rental potential and a prime location in Mijas Costa, Spain, this sea-view apartment is ideal for full-time living, holidays, or investment. Discover the perfect coastal lifestyle on the Costa del Sol with this exceptional Mijas Costa property.
Location
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