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3
Bedrooms
2
Bathrooms
109 m²
Surface area
€
€4037
Price per m²
Apartment
Property type
+18 photos
Analysis
Price
€440.000
Own investment (30%)
€132.000
30% down payment of purchase price
Buyer costs
€44.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage costs
-€821,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€90,83
{% trans '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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€470,82
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€106
Municipal taxes for Mijas Costa
Tax
(19%)
-€250,14
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
€161,24
High season
€203
Mid season
€156,75
Low season
€124
Price determining factors
- Proximity to beaches, golf courses, and amenities.
- Views of sea, mountains, and gardens.
- Community facilities like swimming pool and gardens.
- Condition of the property and recent renovations.
- Market demand for holiday and retirement homes.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €260,80 | Andalusian Villa with views, Pool, Garden & BBQ | 1.4 km |
| €185 | Villa La Guirnalda private pool/wifi/barbecue | 12.7 km |
| €164,40 | 3 Bed Accommodation with Pool | 3.7 km |
| €314 | Livita, Space, Above the beach, Cala de mijas | 4.9 km |
| €195,20 | Hacienda el Alamo | 12.9 km |
| €166,20 | Seaview house: Rooftop pool,gameroom, parking|REMS | 12.8 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 19.6 km |
| €211,20 | Luxury attached Villa La Biznaga | 25.1 km |
| €226,80 | Bright Classic House Near La Malagueta | REMS | 28.9 km |
| €217 | Fabulous Villa,private pool, stunning views,Malaga | 15.4 km |
Return & Value appreciation
Annual return
9.69%
5 Year Return
48.45%
10 Year Return
96.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, likely to attract tenants or buyers.
- Local market trends in 2027: Expected growth due to increasing popularity of Costa del Sol as a tourist and expatriate destination.
- Property type: Ground floor apartment with outdoor space, appealing for families and retirees.
- Economic outlook in 2027: Positive, with steady growth in Spain's economy and tourism sector.
- Demographic developments: Growing expatri community and retirees seeking seaside properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities in Mijas Costa.
- Historical WOZ value trends: Consistent increase reflecting rising property values in the region.
Possible improvements
- Upgrade kitchen appliances and finishes.
- Enhance outdoor terrace with furniture or landscaping.
- Install smart home technology for added convenience.
- Improve energy efficiency with solar panels or insulation.
- Renovate bathrooms for modern aesthetics.
Description
Discover this charming ground floor apartment for sale in Mijas Costa, Spain, offering the perfect blend of comfort and scenic views. Featuring 3 spacious bedrooms, including a master en suite, and 2 modern bathrooms, this property provides ample space for family living. The apartment spans 109.7 m² of internal area, complemented by a generous 42.19 m² covered terrace, ideal for outdoor relaxation. Located within a gated community in Mijas Costa, this home boasts stunning sea, mountain, and garden views, making it an ideal investment or residence on the Costa del Sol.
Enjoy a fully fitted kitchen, marble floors, double glazing, and air conditioning throughout for contemporary living. The property also includes a guest toilet, fireplace, fitted wardrobes, and a balcony, enhancing its comfort and functionality. Residents have access to a communal swimming pool, lush gardens, and a children’s playground, perfect for family leisure. The apartment’s prime location offers proximity to golf courses, schools, amenities, and transportation links, ensuring convenience at every turn.
Additional features include a private garage with parking for one vehicle, lift access, and excellent condition, making this Mijas Costa apartment a highly desirable opportunity in Spain’s real estate market. Whether you're seeking a seaside retreat or a solid investment, this property’s combination of location, views, and amenities makes it an exceptional choice in Mijas Costa, Spain.
Location
Nightly rates in the area
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