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3
Bedrooms
2
Bathrooms
95 m²
Surface area
€
€4053
Price per m²
Apartment
Property type
+21 photos
Analysis
Price
€385.000
Own investment (30%)
€115.500
30% down payment of purchase price
Buyer costs
€38.500
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
-€718,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€79,17
{% 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
-€94,31
Municipal taxes for Mijas Costa
Tax
(19%)
-€274,08
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 the beach and amenities.
- Community features like pool and gardens.
- Sea views and outdoor spaces.
- Property condition and modern updates.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
12.14%
5 Year Return
60.70%
10 Year Return
121.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern features enhance value.
- Local market trends in 2027: Expected growth due to tourism and expatriate influx.
- Property type: Ground-floor apartment with sea views is highly desirable.
- Economic outlook in 2027: Positive, driven by tourism and regional development.
- Demographic developments: Increasing expatriate and retiree populations.
- Infrastructure plans in 2027: Improvements in transportation and amenities boost attractiveness.
- Historical WOZ value trends: Steady increase reflecting regional appreciation.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade outdoor balconies with new furniture or coverings.
- Enhance energy efficiency with solar panels or insulation.
- Add smart home features for convenience.
Description
Discover this stunning 3-bedroom ground-floor apartment in El Chaparral, Mijas Costa, Spain, offering exquisite sea views and exceptional living space. Perfectly located just 450 metres from the beach, this property is an ideal investment or holiday home on the Costa del Sol. The apartment features two private balconies with panoramic sea and pool vistas, perfect for relaxing or entertaining. Inside, you'll find a modern, fully equipped kitchen with a breakfast bar, a bright living room with a cozy fireplace, and three spacious double bedrooms, including a master with an en-suite and private balcony. Additional storage is available with an external private storage room. Set within a charming Andalusian-style community of only 24 apartments, residents enjoy lush communal gardens and a swimming pool. The property’s strategic location in Mijas Costa places it close to supermarkets, restaurants, and transportation options, making it ideal for both permanent living and holiday rentals—especially since the community permits holiday rentals, enhancing its investment appeal. Monthly community fees are €230.48, including water. This beautifully maintained apartment combines modern comfort with breathtaking sea views, making it a prime property in Mijas Costa, Spain.
Location
Nightly rates in the area
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