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2
Bedrooms
2
Bathrooms
86 m²
Surface area
€
€5930
Price per m²
Apartment
Property type
+17 photos
Analysis
Price
€510.000
Own investment (30%)
€153.000
30% down payment of purchase price
Buyer costs
€51.000
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
-€952
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€71,67
{% 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
-€120,88
Municipal taxes for Mijas
Tax
(19%)
-€102,71
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 beaches, golf courses, and amenities increases desirability.
- Views of the sea and natural surroundings enhance property value.
- Modern design and spacious interiors appeal to buyers and renters.
- Accessibility to La Cala de Mijas and other attractions boosts appeal.
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
3.43%
5 Year Return
17.15%
10 Year Return
34.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartments tend to appreciate steadily.
- Local market trends in 2027: Growing demand for coastal properties on the Costa del Sol.
- Property type: Apartments in a desirable location with sea views generally appreciate well.
- Economic outlook in 2027: Positive economic growth in Spain and increased foreign investment.
- Demographic developments: Increasing expatriate and retiree populations boosting demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities could enhance value.
- Historical WOZ value trends: Consistent increase in property values in Mijas and surrounding areas.
Possible improvements
- Upgrade interior finishes and appliances to premium quality.
- Add smart home features for modern convenience.
- Improve outdoor spaces with landscaping or additional amenities.
- Enhance energy efficiency with solar panels or insulation.
Description
Discover luxurious new apartments in Mijas, Spain, offering contemporary design and stunning sea views just moments from La Cala de Mijas. Priced from €510,000 to €710,000, these stylish properties feature 2 to 3 bedrooms, 2 bathrooms, and spacious interiors ranging from 86m2 to 144m2. Located on the Costa del Sol, this prime development provides easy access to pristine beaches, a charming old town, and a vibrant selection of restaurants, bars, and shops. Mijas is renowned for its golf courses, including the prestigious Calanova Golf, making it an ideal destination for golf enthusiasts and outdoor lovers alike.
Location
Nightly rates in the area
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