Apartment in Mijas Costa, 1 bedrooms
Mijas Costa

Apartment in Mijas Costa, 1 bedrooms

€250.000 starting price
7.50% Annual ROI

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Project overview

Discover modern living in the heart of Mijas Costa, Spain, with this exciting new residential development featuring 292 high-quality homes across six floors. Currently in Phase II, this contemporary Mijas Costa property offers a diverse range of apartments from 65 to 150 square meters, including 1 to 3 bedrooms and 1 to 2 bathrooms, perfect for families, couples, or investors seeking a prime location. Each unit boasts a spacious terrace, with select penthouses featuring exclusive roof terraces, ideal for enjoying the Mediterranean climate. Residents of this Mijas Costa property benefit from extensive community amenities such as lush gardens, a sparkling swimming pool, a state-of-the-art gym, a relaxing sauna, and a children’s playground, creating a secure and vibrant environment. The development is equipped with surveillance cameras to ensure safety and peace of mind. Located just 2 km from the coast, this Mijas Costa real estate offers proximity to beautiful beaches, golf courses, and the charming amenities of Mijas Pueblo, La Cala de Mijas, and Fuengirola. With easy access to Málaga airport (only 25 minutes away), this property presents an excellent opportunity for holiday homes, permanent residence, or investment in Spain’s sought-after Costa del Sol. Prices start at €250,000, including a parking space and storage room. Enjoy modern comforts like underfloor heating and the serenity of green surroundings in this prime Mijas Costa property. Don’t miss the chance to own a piece of Spain’s stunning coast with this exceptional residential project.

Mijas Costa, ESP
Location
Project Overview

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Financial analysis

Analysis

Price
€250.000
Own investment (30%)
€75.000
Buyer costs
€25.000
Estimated nightly rate
€81,46
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€466,67
Maintenance costs
-€29,17
Cleaning costs
-€291,67
Platform fees
-€252,73
Municipal taxes
-€65,62
Tax (19%)
-€110,01
Earned back in

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Nightly Rates

Estimated nightly rate
€81,46
High season
€109
Mid season
€79,50
Low season
€63

Price determining factors

  • location proximity to beaches and amenities
  • property condition and modern features
  • community amenities like pools and gyms
  • economic factors such as tourism demand and local development
  • seasonal variations in travel and occupancy rates

Comparable accommodations

Rate Hotel / apartment Distance
€108,60 Stunning apartment with ocean views 3.0 km
€165,60 Beautiful Mijas Pueblo Townhouse with sea views 5.7 km
€57,80 ***Beautiful Downtown Studio, Garden and Pool*** 11.6 km
€154,20 Casa Del Mirador, Private Pool and Hot Tub, Views 17.1 km
€58 "The Bridge" Los Monteros 17.4 km
€39,60 La EcoCasita in Malaga 17.6 km

Don't miss out, earn ~€468,99 per month with this property.

Limited time offer • Secure your investment today

Return & Appreciation

Annual return

7.50%

5 Year Return

37.50%

10 Year Return

75.00%

ROI Distribution

Value Development

Factors for Value Appreciation

  • Property condition: The property appears modern and well-maintained, which supports value retention and appreciation.
  • Local market trends in 2027: The Costa del Sol region is expected to continue attracting both tourists and residents, boosting property demand.
  • Property type: Apartments in a high-quality development with amenities are likely to appreciate steadily.
  • Economic outlook in 2027: Spain's economy is projected to recover and grow, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations in the region will sustain demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and leisure facilities will enhance property values.
  • Historical WOZ value development: The WOZ value has shown consistent growth, indicating rising property values in the area.

Possible Improvements

  • Upgrade interior furnishings to luxury standards to attract higher-paying guests.
  • Enhance outdoor spaces with landscaping and outdoor furniture for better appeal.
  • Implement smart home technology for added convenience and modernity.
  • Increase marketing efforts focusing on the property's proximity to beaches and amenities.
  • Offer flexible rental packages for different seasons to maximize occupancy.

Risk Level

Medium (85% certainty)

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