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2
Bedrooms
2
Bathrooms
80 m²
Surface area
€
€6734
Price per m²
Apartment
Property type
+16 photos
Analysis
Price
€538.700
Own investment (30%)
€161.610
30% down payment of purchase price
Buyer costs
€53.870
Buyer costs: 10% of purchase price
Estimated nightly rate
€112,44
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€1.005,57
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€66,67
{% 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
-€126,97
Municipal taxes for Mijas
Tax
(19%)
-€92,32
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
- High-quality construction and modern design.
- Prime location with scenic views and proximity to beaches.
- Luxury amenities and customization options.
- Strong demand for holiday and second homes in Mijas.
- Limited supply of similar high-end developments.
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
2.19%
5 Year Return
10.95%
10 Year Return
21.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartments with high-quality finishes are likely to appreciate steadily.
- Local market trends in 2027: Growing demand for luxury properties in Mijas and Costa del Sol, driven by tourism and expatriate influx.
- Property type: Apartments in a luxury development tend to appreciate due to lifestyle appeal and amenities.
- Economic outlook in 2027: Positive economic growth in Spain and Europe could boost property values.
- Demographic developments: Increasing expatriate and retiree populations seeking luxury and leisure properties.
- Infrastructure plans in 2027: Planned improvements in transportation, roads, and local amenities will enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Adding smart home technology.
- Upgrading kitchen and bathroom fixtures.
- Enhancing outdoor living spaces and terraces.
- Implementing energy-efficient systems.
- Improving landscaping and outdoor amenities.
Description
Discover exceptional real estate opportunities in Mijas, Spain, with this new residential development offering modern apartments from €538,700 to €1,119,000. Featuring 2 to 3 bedrooms and 2 bathrooms, these spacious homes range from 80m² to 188m², set within a unique complex designed to blend luxury, nature, and innovation. Located in the stunning mountains of Mijas, just a short drive to Fuengirola's beaches, this property combines tranquility with convenient access to local amenities. The development's south-west facing orientation maximizes natural light and offers breathtaking views of the Costa del Sol. Architectural design emphasizes privacy, with hanging gardens cascading down building facades, creating lush green privacy screens that seamlessly integrate with the natural surroundings. Inside, apartments are bright and welcoming, featuring open-plan living areas that foster a warm, homey atmosphere. The project’s exclusive customization program allows buyers to personalize finishes, flooring, kitchens, and fittings, ensuring each home reflects individual tastes. Residents can enjoy beautifully landscaped gardens, an outdoor infinity pool, children’s pool, wellness area with sauna and Turkish bath, and a fully equipped fitness center. This Mijas property development stands out as a landmark of real estate in Spain, ideal for those seeking a luxurious, nature-connected lifestyle. Embrace the opportunity to own a bespoke apartment in one of Spain’s most desirable locations, perfectly balanced between comfort, nature, and modern living.
Location
Nightly rates in the area
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