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Apartment in Mijas Costa, 2 bedrooms, 72 m² €305.000

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2
Bedrooms
1
Bathrooms
72 m²
Surface area
€
€4236
Price per m²
Apartment
Property type
Apartment in Mijas Costa, 2 bedrooms, 72 m² - Hoofdafbeelding
Apartment in Mijas Costa, 2 bedrooms, 72 m² - Afbeelding 1
Apartment in Mijas Costa, 2 bedrooms, 72 m² - Afbeelding 2
Apartment in Mijas Costa, 2 bedrooms, 72 m² - Afbeelding 3
+16 photos

Analysis

Price
€305.000
Own investment (30%)
€91.500
Buyer costs
€30.500
Estimated nightly rate
€101,75
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€569,33
Maintenance costs
-€60
Cleaning costs
-€291,67
Platform fees
-€315,68
Municipal taxes
-€79,44
Tax (19%)
-€149,80
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€101,75
High season
€136
Mid season
€99,17
Low season
€81

Price determining factors

  • Proximity to the sea and scenic views increase desirability.
  • Access to amenities like golf courses, shopping centers, and pools.
  • Property size and features, including terrace, garage, and storage.
  • Condition of the property, which appears modern and well-kept.
  • Local economic stability and growth prospects.
  • Potential for rental income from holidaymakers and long-term tenants.

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

6.28%

5 Year Return

31.40%

10 Year Return

62.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained apartment with recent updates enhances value.
  • Local market trends in 2027: Growing demand for coastal properties in Mijas Costa.
  • Property type: Apartment in a desirable location with scenic views.
  • Economic outlook in 2027: Stable to positive economic growth in Spain and Europe.
  • Demographic developments: Increasing interest from expatriates and retirees.
  • Infrastructure plans in 2027: Improvements in transportation and amenities in Mijas Costa.
  • Historical WOZ value trends: Consistent appreciation in property taxes indicating rising property values.

Possible improvements

  • Renovate kitchen and bathroom for modern appeal.
  • Upgrade fixtures and fittings to increase luxury perception.
  • Enhance outdoor space with landscaping or furniture.
  • Add smart home features for convenience and security.
  • Improve energy efficiency with new windows or insulation.

Description

Discover this charming two-bedroom apartment in Mijas Costa, Spain, offering stunning open sea views and picturesque mountain vistas. Perfect for those seeking coastal living with scenic surroundings, this property is ideally located next to the prestigious El Chaparral Golf Course and just a short 5-minute drive from the vibrant Myramar Shopping Center. The apartment features a spacious terrace, ideal for relaxing or entertaining while enjoying the breathtaking scenery of Mijas Costa, Spain. Residents benefit from access to a communal swimming pool, perfect for leisure and socializing. Additionally, the property includes a secure garage and a generous storage room, providing ample space for convenience and comfort. Whether you're looking for a permanent residence or an investment opportunity, this Mijas Costa apartment offers exceptional value in a desirable location. Embrace the Spanish coastal lifestyle with this beautiful property, nestled in the heart of Mijas Costa, Spain, where tranquility meets accessibility.

Location

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