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4
Bedrooms
2
Bathrooms
125 m²
Surface area
€
€2480
Price per m²
Apartment
Property type
+15 photos
Analysis
Price
€310.000
Own investment (30%)
€93.000
30% down payment of purchase price
Buyer costs
€31.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€218,93
Expected occupancy rate
52%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€578,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€104,17
{% 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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€519,41
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€78,38
Municipal taxes for Mijas Costa
Tax
(19%)
-€343,35
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
€218,93
High season
€327
Mid season
€220,50
Low season
€151
Price determining factors
- Proximity to beaches and amenities: Enhances desirability.
- Accessibility features: Fully adapted for reduced mobility increases appeal.
- Location: Mijas Costa’s popularity as a holiday and retirement destination.
- Property size and layout: Spacious 125m² with 4 bedrooms is attractive for families.
- Market competition: Availability of similar properties can influence pricing.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €241,40 | Casa Tranquila (Quiet House) La Cala de Mijas | 5.9 km |
| €247 | Ayma Ocean View | 4.5 km |
| €212,60 | Modern house with panoramic ocean views in Alya | 7.9 km |
| €210,60 | Lovely townhouse with private pool | 2.8 km |
| €427,60 | Heated pool / Premium Spanish villa / Sea views | 4.9 km |
| €477,43 | Impressive VILLA Dazura in Valtocado. MIJAS | 6.9 km |
| €249,80 | Stylish Villa ParÃs - Heated Pool | 5.7 km |
| €291 | Spacious 4-Bedroom Townhouse 3 min from the Beach | 8.2 km |
| €377,40 | Villa Lola with pool, private oasis | 16.1 km |
| €197 | The tropical paradise in Malaga | 17.9 km |
Return & Value appreciation
Annual return
18.89%
5 Year Return
94.45%
10 Year Return
188.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained interiors with recent updates can boost appreciation.
- Local market trends in 2027: Growing demand for properties in Costa del Sol due to tourism and expatriate influx.
- Property type: Apartments in popular coastal areas tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain and Europe supports real estate appreciation.
- Demographic developments: Increasing retiree and expatriate populations drive demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property value.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade flooring and fixtures to increase attractiveness.
- Enhance outdoor spaces or balconies.
- Improve energy efficiency with new windows or insulation.
- Modernize interior decor to appeal to contemporary tastes.
Description
Discover this spacious and sunlit flat for sale in Mijas Costa, Spain, ideally situated just 700 metres from the beautiful beaches of Fuengirola. Perfect for families and retirees alike, this property is fully adapted for people with reduced mobility, offering convenience and accessibility. Located in a tranquil area surrounded by excellent schools, shops, and amenities, this Mijas Costa apartment combines comfort with practicality. Featuring four generous bedrooms and two modern bathrooms, the flat provides ample space for comfortable living or rental investment. Its bright and airy interiors are complemented by large windows that flood the rooms with natural sunlight, enhancing the inviting atmosphere. Whether you're seeking a permanent residence or a holiday home, this Mijas Costa property offers a prime location on Spain’s Costa del Sol, renowned for its stunning beaches, vibrant culture, and excellent climate. Don't miss the opportunity to own a versatile and accessible home in one of Spain’s most sought-after regions—Mijas Costa, Spain. This property is an excellent choice for those looking to enjoy the relaxed lifestyle and natural beauty of the Costa del Sol while being close to all essential amenities.
Location
Nightly rates in the area
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