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3
Bedrooms
1
Bathrooms
71 m²
Surface area
€
€4930
Price per m²
Apartment
Property type
+22 photos
Analysis
Price
€350.000
Own investment (30%)
€105.000
30% down payment of purchase price
Buyer costs
€35.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€115,97
Expected occupancy rate
59%
Gross rental p/m
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€0000
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Mortgage costs
-€653,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€59,17
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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€312,18
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€86,88
Municipal taxes for Mijas Costa
Tax
(19%)
-€120,90
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
€115,97
High season
€144
Mid season
€113,33
Low season
€89
Price determining factors
- Proximity to beaches, golf courses, and amenities increases desirability.
- High demand for holiday rentals boosts rental income potential.
- Modern features and resort amenities add value.
- Strategic location with good connectivity to major cities.
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
4.42%
5 Year Return
22.10%
10 Year Return
44.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern amenities enhance value.
- Local market trends in 2027: Expected growth in tourism and property demand on Costa del Sol.
- Property type: Apartments in resort communities tend to appreciate due to amenities and location.
- Economic outlook in 2027: Positive economic growth in Spain and Europe supports property appreciation.
- Demographic developments: Increasing number of retirees and expatriates in Spain boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local facilities enhance accessibility.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures to modern standards.
- Enhance outdoor living space with additional furniture or landscaping.
- Implement energy-efficient solutions to reduce utility costs.
- Renovate bathroom for a more contemporary look.
Description
Discover this exceptional apartment for sale in Mijas Costa, Spain, offering stunning pool views and versatile space for up to six residents. Nestled in the sought-after Hacienda el Sueño resort, this property combines a prime location with a practical layout, making it an ideal choice for both personal living and lucrative rentals on the Costa del Sol. Featuring two bedrooms and one bathroom, plus an adaptable extra room with a bunk bed, the apartment provides flexible accommodation perfect for families, guests, or tenants. The bright living and dining area with expansive glass sliding doors seamlessly connects to a partially covered terrace, extending the living space and showcasing views of the communal pool and lush hills. Situated at a natural elevation within the resort, the terrace offers privacy and tranquility, while the ground-level entrance ensures easy access. The modern kitchen with an island, spacious shower bathroom, private underground parking, and additional storage enhance convenience. Hacienda el Sueño’s amenities include communal pools—one heated—beautiful landscaped gardens, and an on-site restaurant, creating a resort lifestyle. Its strategic location on Mijas Costa places golf courses, beaches, shops, and restaurants within easy reach, with excellent connections to Fuengirola, Marbella, and Málaga Airport. This property also presents a strong investment opportunity, with permitted holiday rentals managed through the resort’s established system. Already generating rental income, this apartment is perfect for investors seeking a property with immediate income potential. Don’t miss the chance to own this fantastic apartment in Mijas Costa, Spain—contact us today to arrange a viewing or for more information.
Location
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