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2
Bedrooms
2
Bathrooms
150 m²
Surface area
€
€3667
Price per m²
Apartment
Property type
+10 photos
Analysis
Price
€550.000
Own investment (30%)
€165.000
30% down payment of purchase price
Buyer costs
€55.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€112,66
Expected occupancy rate
67%
Gross rental p/m
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€0000
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Mortgage costs
-€1.026,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€125
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€344,39
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€129,38
Municipal taxes for Mijas
Tax
(19%)
-€71,97
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
€112,66
High season
€151
Mid season
€109,58
Low season
€90
Price determining factors
- Economic outlook in 2027: Stable or improving economy supports property values.
- Demographic developments: Increasing interest from expatriates and retirees.
- Infrastructure plans in 2027: Upgrades to transportation and amenities boost attractiveness.
- Historical WOZ value trends: Consistent increase indicates rising property values.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 11.9 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 1.5 km |
| €132,40 | Spectacular house on Carvajal Beach | 4.9 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 0.1 km |
| €166,80 | Chariming and creative house 50m from the beach | 18.6 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 5.9 km |
| €116 | Charming Sea Front Bungalow | 12.6 km |
| €124,86 | Sunny hillside casita in Guaro | 19.3 km |
| €170,20 | Unique views & terrace. Plz Merced | 24.3 km |
| €94,60 | Spacious Independent House ·Central Area – ARQ | 24.8 km |
Return & Value appreciation
Annual return
1.67%
5 Year Return
8.35%
10 Year Return
16.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and modern interiors enhance value.
- Local market trends in 2027: Growing demand for coastal properties in Spain.
- Property type: Apartments in desirable locations tend to appreciate steadily.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Add smart home features to increase desirability.
- Improve outdoor spaces or balcony areas.
Description
Discover this exceptional modern apartment for sale in Mijas, Spain, offering a perfect blend of spacious living and stunning panoramic views. Located in the heart of Mijas, this property provides an ideal opportunity for buyers seeking a luxurious home in a charming Spanish town. The apartment boasts contemporary design elements, large open-plan living areas, and high-quality finishes that create a bright and inviting atmosphere. Its prime location ensures easy access to local amenities, vibrant cultural sites, and breathtaking natural scenery. Whether you're looking for a permanent residence or a lucrative investment, this Mijas apartment in Spain stands out with its remarkable features and unbeatable views. Don't miss the chance to own a piece of Mijas's picturesque landscape and enjoy the vibrant lifestyle of this beautiful coastal region.
Location
Nightly rates in the area
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