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Apartment in Mijas Costa, 3 bedrooms, 109 m² €440.000

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3
Bedrooms
2
Bathrooms
109 m²
Surface area
€
€4037
Price per m²
Apartment
Property type
Apartment in Mijas Costa, 3 bedrooms, 109 m² - Hoofdafbeelding
Apartment in Mijas Costa, 3 bedrooms, 109 m² - Afbeelding 1
Apartment in Mijas Costa, 3 bedrooms, 109 m² - Afbeelding 2
Apartment in Mijas Costa, 3 bedrooms, 109 m² - Afbeelding 3
+18 photos

Analysis

Price
€440.000
Own investment (30%)
€132.000
Buyer costs
€44.000
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€821,33
Maintenance costs
-€90,83
Cleaning costs
-€333,33
Platform fees
-€470,82
Municipal taxes
-€106
Tax (19%)
-€250,14
Cashflow p.m.
Earned back in
00months

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Nightly 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

7.27%

5 Year Return

36.35%

10 Year Return

72.70%

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

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