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Apartment in Mijas Costa, 2 bedrooms, 91 m² €425.000

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2
Bedrooms
2
Bathrooms
91 m²
Surface area
€
€4670
Price per m²
Apartment
Property type
Apartment in Mijas Costa, 2 bedrooms, 91 m² - Hoofdafbeelding
Apartment in Mijas Costa, 2 bedrooms, 91 m² - Afbeelding 1
Apartment in Mijas Costa, 2 bedrooms, 91 m² - Afbeelding 2
Apartment in Mijas Costa, 2 bedrooms, 91 m² - Afbeelding 3
+46 photos

Analysis

Price
€425.000
Own investment (30%)
€127.500
Buyer costs
€42.500
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€793,33
Maintenance costs
-€75,83
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€102,81
Tax (19%)
-€132,09
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€111,42
High season
€149
Mid season
€108,50
Low season
€87

Price determining factors

  • Proximity to beaches and amenities: High demand for properties near the coast.
  • Luxury amenities: Resort-style facilities attract higher rental and resale prices.
  • Property condition: Modern, well-equipped interiors command premium prices.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

5.30%

5 Year Return

26.50%

10 Year Return

53.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern interior enhances value.
  • Local market trends in 2027: Growing demand for coastal properties on the Costa del Sol.
  • Property type: Apartments in a resort-like complex are attractive for both residents and investors.
  • Economic outlook in 2027: Stable economic growth in Spain and Europe supports property appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities increase desirability.
  • Historical WOZ value trends: Consistent increase in property values in Mijas Costa over the past decade.

Possible improvements

  • Upgrade kitchen and bathroom fixtures for a more modern look.
  • Add smart home technology to increase appeal.
  • Enhance outdoor space with landscaping or a terrace upgrade.
  • Implement energy-efficient appliances and systems to reduce utility costs.

Description

Experience coastal living at its finest with this exquisite 2-bedroom, 2-bathroom apartment in Mijas Costa, Spain. Spanning 91 m² of thoughtfully designed space, this property offers the perfect blend of comfort and style, ideal for those seeking a dream home or holiday retreat on the Costa del Sol. Located just a short stroll from pristine beaches and vibrant local amenities, this Mijas Costa apartment combines convenience with tranquility. Enjoy luxury amenities including a state-of-the-art gym, relaxing spa, paddle tennis courts, and a putting green, all within a lush garden setting. The complex features three sparkling swimming pools, creating a resort-like atmosphere for sunbathers and swimmers alike. For remote workers, dedicated co-working spaces provide an inspiring environment to stay productive. The modern apartment boasts built-in wardrobes, air conditioning, and electric heating, ensuring year-round comfort. Its west-facing orientation offers stunning sunset views from the private terrace, perfect for unwinding after a day at the beach. Accessibility features and a dedicated garage space further enhance the property's appeal. This Mijas Costa apartment presents a rare opportunity to enjoy a luxurious lifestyle on the Costa del Sol, whether as a permanent residence or an investment property. Don’t miss the chance to make this beautiful home yours in one of Spain’s most sought-after coastal locations.

Location

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