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2
Bedrooms
2
Bathrooms
74 m²
Surface area
€
€4419
Price per m²
Apartment
Property type
+43 photos
Analysis
Price
€327.000
Own investment (30%)
€98.100
30% down payment of purchase price
Buyer costs
€32.700
Buyer costs: 10% of purchase price
Estimated nightly rate
€112,44
Expected occupancy rate
68%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€610,40
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€61,67
{% 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
-€348,84
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€81,99
Municipal taxes for Mijas
Tax
(19%)
-€176,90
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
€112,44
High season
€150
Mid season
€109,42
Low season
€89
Price determining factors
- Proximity to the beach and amenities: Enhances desirability and value.
- Property size and outdoor space: Large private garden and terrace increase appeal.
- Location: Close to Fuengirola and Málaga Airport, ideal for both residents and tourists.
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
6.92%
5 Year Return
34.60%
10 Year Return
69.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, which supports steady appreciation.
- Local market trends in 2027: Expected growth due to increasing demand for beachfront properties in Mijas.
- Property type: Ground-floor apartment with private garden and beach access, highly desirable for both living and rental.
- Economic outlook in 2027: Positive, with tourism and real estate sectors likely to grow.
- Demographic developments: Increasing interest from retirees and expatriates seeking coastal living.
- Infrastructure plans in 2027: Improvements in transportation and local amenities could boost property values.
- Historical WOZ value trends: Consistent growth in property values in Mijas and surrounding areas.
Possible improvements
- Renovate bathrooms and kitchen for modern appeal.
- Add a jacuzzi or mini pool in the private garden.
- Upgrade fixtures and fittings to increase luxury feel.
- Improve outdoor landscaping and garden design.
Description
Discover this exceptional ground-floor apartment in Mijas, Spain, offering the perfect blend of comfort, privacy, and beachside living on the Costa del Sol. This exclusive Mijas property features a spacious private garden of approximately 80 m² with direct access to the pristine Mijas beach, ideal for outdoor entertaining with a barbecue area, and space to add a jacuzzi or mini pool. The sunlit 20 m² southeast-facing covered terrace provides a tranquil outdoor retreat. Inside, the property boasts two bright bedrooms, two full bathrooms, and a well-designed living area that maximizes space and natural light. The modern, fully equipped independent kitchen adds to the property's appeal. Located in a peaceful, well-maintained residential complex in El Faro de Mijas, the apartment offers access to communal amenities such as a swimming pool, landscaped gardens, and an elevator. The prime Mijas location ensures easy access to the beach within five minutes' walk, close proximity to Fuengirola, and only 25 minutes from Málaga Airport, making it ideal for both permanent living and investment. This Mijas apartment presents a unique opportunity for buyers seeking a beachfront property in Spain, with excellent rental potential and high-quality living standards. Contact us today to arrange a viewing and make this Mijas beachfront apartment your new home or investment opportunity.
Location
Nightly rates in the area
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