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2
Bedrooms
2
Bathrooms
105 m²
Surface area
€
€3238
Price per m²
Apartment
Property type
+12 photos
Analysis
Price
€340.000
Own investment (30%)
€102.000
30% down payment of purchase price
Buyer costs
€34.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€634,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€87,50
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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€345,68
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€84,75
Municipal taxes for Mijas Golf
Tax
(19%)
-€163,45
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
€111,42
High season
€149
Mid season
€108,50
Low season
€87
Price determining factors
- Proximity to golf course and amenities, increasing desirability.
- Tourist license approval, boosting rental income potential.
- Condition of the property, which appears modern and well-kept.
- Local economic stability and growth prospects.
- Development of nearby infrastructure and amenities.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 6.8 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 4.3 km |
| €132,40 | Spectacular house on Carvajal Beach | 6.8 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 5.4 km |
| €166,80 | Chariming and creative house 50m from the beach | 13.8 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 10.8 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 19.7 km |
| €186,80 | Unique place with roof terrace in Old town | 19.8 km |
| €116 | Charming Sea Front Bungalow | 16.9 km |
| €124,86 | Sunny hillside casita in Guaro | 18.8 km |
Return & Value appreciation
Annual return
6.15%
5 Year Return
30.75%
10 Year Return
61.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, likely to attract buyers and renters.
- Local market trends in 2027: Expected steady growth driven by tourism and expatriate interest.
- Property type: Popular holiday rental property, appealing to short-term visitors.
- Economic outlook in 2027: Positive economic growth in Spain, supporting real estate appreciation.
- Demographic developments: Increasing number of retirees and expatriates seeking properties in Spain.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities.
- Historical WOZ value trends: Consistent increase reflecting rising property values.
Possible improvements
- Renovate kitchen and bathrooms to modern standards.
- Upgrade fixtures and fittings for increased appeal.
- Enhance outdoor spaces, such as terrace landscaping.
- Implement energy-efficient appliances and systems.
- Add smart home features for modern convenience.
Description
Discover this exceptional opportunity to own a stunning flat in the sought-after Mijas Golf area of Spain. Perfectly situated in a tranquil setting, this spacious property offers a blend of comfort and elegance, making it an ideal home or investment. The flat features a fully equipped kitchen, ideal for preparing delicious meals, along with a bright and airy living and dining area perfect for relaxing or entertaining. With two bedrooms and two bathrooms, it caters to couples, families, or holiday rental investors, especially given its approved tourist license. Relax outdoors on the large terrace or enjoy the lush gardens and communal swimming pool—perfect for cooling off on warm days. Located adjacent to a renowned golf course, this property appeals to golf enthusiasts seeking a peaceful environment away from city noise. Additional amenities include a parking space and a storage room for convenience. The property’s generous windows flood the interior with natural light, creating a warm and inviting atmosphere. Situated in Mijas Golf, Spain, this property offers a unique opportunity to enjoy scenic natural surroundings while being close to local amenities. Whether as a permanent residence or a lucrative holiday rental investment, this flat in Mijas Golf stands out for its exceptional location and features. Contact us today to learn more and schedule a viewing of this prime property in Spain.
Location
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Nightly rates in the area
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