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2
Bedrooms
3
Bathrooms
221 m²
Surface area
€
€2695
Price per m²
Apartment
Property type
+22 photos
Analysis
Price
€595.500
Own investment (30%)
€178.650
30% down payment of purchase price
Buyer costs
€59.550
Buyer costs: 10% of purchase price
Estimated nightly rate
€119,23
Expected occupancy rate
67%
Gross rental p/m
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€0000
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Mortgage costs
-€1.111,60
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€184,17
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
-€364,47
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€139,04
Municipal taxes for Mijas Costa
Tax
(19%)
-€64,38
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
€119,23
High season
€159
Mid season
€115,92
Low season
€94
Price determining factors
- Property condition: Modern amenities and recent renovations increase value.
- Local market trends in 2027: Rising property prices in Mijas Costa and surrounding areas.
- Property type: Luxury apartment attracts higher price premiums.
- Economic outlook in 2027: Strong economic growth supports higher property prices.
- Demographic developments: Increased demand from affluent buyers and retirees.
- Infrastructure plans in 2027: Enhanced connectivity and amenities boost property desirability.
- Historical WOZ value trends: Steady increase in property taxes reflects rising property values.
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
1.38%
5 Year Return
6.90%
10 Year Return
13.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports higher appreciation.
- Local market trends in 2027: Expected to be positive due to increasing demand for luxury properties on the Costa del Sol.
- Property type: High-end apartment with premium features, likely to appreciate well.
- Economic outlook in 2027: Favorable economic growth in Spain and Europe, boosting real estate investments.
- Demographic developments: Growing expatriate and retiree population seeking luxury living.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and services in Mijas Costa.
- Historical WOZ value trends: Consistent increase in property values and taxes, indicating appreciation.
Possible improvements
- Adding a swimming pool or spa to enhance luxury appeal.
- Upgrading smart home systems for modern convenience.
- Improving outdoor furniture and landscaping on the terrace.
- Renovating kitchen and bathrooms with high-end finishes.
- Enhancing security features for added safety.
Description
Discover this luxurious apartment in Mijas Costa, Spain, offering an unparalleled blend of elegance and comfort on the Costa del Sol. This spacious 155m² residence features two large bedrooms and three modern bathrooms, all finished to the highest standards, making it ideal for families and professionals alike. The highlight is the expansive 96m² private terrace with breathtaking mountain views, perfect for relaxing or entertaining guests amidst a serene setting. The bright living room seamlessly connects to the terrace, enhancing the open-concept design. Recently renovated, this property boasts top-notch amenities including double glazing, fitted wardrobes, air conditioning, a smart home system, and a covered solarium. Situated close to renowned golf courses, vibrant beaches, and excellent schools, this Mijas Costa apartment ensures a convenient and vibrant lifestyle. Residents enjoy access to communal facilities such as a well-maintained pool, lush gardens, a secure gated community, private garage, and 24-hour security for peace of mind. Additional features include a security alarm, shutters, lift access, and a secure entrance. Perfectly positioned in one of Spain’s most desirable locations, this premium property offers the ultimate Costa del Sol living experience. Don’t miss this exclusive opportunity to own a high-end apartment in Mijas Costa, Spain—an ideal investment or family home in the heart of the Costa del Sol.
Location
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