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2
Bedrooms
2
Bathrooms
87 m²
Surface area
€
€3734
Price per m²
Apartment
Property type
+27 photos
Analysis
Price
€324.900
Own investment (30%)
€97.470
30% down payment of purchase price
Buyer costs
€32.490
Buyer costs: 10% of purchase price
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€606,48
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€72,50
{% 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
-€345,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€83,69
Municipal taxes for Mijas
Tax
(19%)
-€171,86
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
€111,42
High season
€149
Mid season
€108,50
Low season
€87
Price determining factors
- Proximity to coast and amenities: Enhances desirability.
- Views of sea and mountains: Adds premium value.
- Size and layout: Spacious with outdoor terrace, attractive for buyers.
- Condition of property: Modern, move-in ready, appealing to buyers.
- Local development projects: New infrastructure or tourism projects could boost value.
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
6.77%
5 Year Return
33.85%
10 Year Return
67.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent renovations, enhancing appeal and value.
- Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand.
- Property type: Popular holiday and investment property type, likely to appreciate.
- Economic outlook in 2027: Positive, with growth in tourism and real estate sectors.
- Demographic developments: Increasing expatriate and retiree populations boosting demand.
- Infrastructure plans in 2027: Improvements in transportation and amenities in Mijas and Costa del Sol.
- Historical WOZ value trends: Consistent increase, indicating rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Modernize bathrooms for increased appeal.
- Enhance outdoor space with landscaping or furniture.
- Add smart home features for modern convenience.
- Improve energy efficiency with solar panels or insulation.
Description
Discover this charming south-facing two-bedroom apartment for sale in the picturesque village of Mijas Pueblo, one of the most enchanting white towns in Andalusia, Spain. Nestled within the stunning Costa del Sol region, this cozy and bright property offers breathtaking panoramic views of the sea and mountains, making it an ideal retreat or investment opportunity in Mijas, Spain. The spacious 87 m² interior features a fully fitted kitchen, two bathrooms, and a partially furnished setup, ensuring move-in readiness. Step outside onto the expansive 30 m² private terrace — perfect for enjoying breakfast, relaxing evenings, or soaking in the year-round sunshine. Located just 10 minutes from the coast and Fuengirola, and approximately 30 minutes from Malaga and Marbella, this property boasts excellent connectivity and convenience. Situated in a vibrant village setting with narrow streets, flower-filled balconies, atmospheric cafes, and a truly Spanish ambiance, this apartment embodies the authentic Mijas experience. Additional features include a covered terrace, lift access, garage parking, and communal areas. Whether seeking a permanent residence, a holiday home, or a profitable investment in Spain, this Mijas apartment offers exceptional value in one of the most sought-after locations on the Costa del Sol. Don’t miss the opportunity to own a piece of Spain’s stunning Mijas real estate market.
Location
Nightly rates in the area
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