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2
Bedrooms
2
Bathrooms
92 m²
Surface area
€
€3315
Price per m²
Apartment
Property type
+3 photos
Analysis
Price
€305.000
Own investment (30%)
€91.500
30% down payment of purchase price
Buyer costs
€30.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€110,85
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€569,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€76,67
{% 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
-€343,91
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€77,31
Municipal taxes for Mijas
Tax
(19%)
-€177,43
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
€110,85
High season
€149
Mid season
€107,92
Low season
€87
Price determining factors
- Property condition: Modern, new development with high-quality finishes.
- Local market trends in 2027: Continued popularity of Costa del Sol as a prime holiday and retirement destination.
- Property type: Apartments with luxury amenities attract higher prices.
- Economic outlook in 2027: Stable economic growth in Spain supports property prices.
- Demographic developments: Growing foreign investment and retiree influx increase demand.
- Infrastructure plans in 2027: Enhanced connectivity and local services boost property appeal.
- Historical WOZ value trends: Rising property taxes indicate increasing market 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
9.92%
5 Year Return
49.60%
10 Year Return
99.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained new development with modern amenities enhances value.
- Local market trends in 2027: Growing demand for coastal properties on Costa del Sol boosts appreciation.
- Property type: Apartments in a luxury complex tend to appreciate steadily due to high demand.
- Economic outlook in 2027: Spain's tourism and real estate sectors are expected to remain strong, supporting property values.
- Demographic developments: Increasing expatriate and retiree populations in Mijas drive demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities support property appreciation.
- Historical WOZ value trends: Consistent increases in property taxes reflect rising property values.
Possible improvements
- Adding a private balcony or terrace to increase outdoor living space.
- Upgrading kitchen appliances and fixtures for modern appeal.
- Implementing smart home technology for added convenience.
- Landscaping private gardens or terraces for aesthetic enhancement.
- Renovating bathrooms to contemporary standards.
Description
Discover exceptional modern homes in Mijas, Spain, a prime coastal destination on the Costa del Sol. This new residential development in Mijas offers elegant, contemporary residences designed for comfort, luxury, and the Mediterranean lifestyle. Priced from €295,000, these homes feature breathtaking views, top-notch amenities, and easy access to beaches, golf courses, and vibrant local culture. The complex includes 99 stylish units with a variety of layouts: spacious penthouses with expansive 43 m² sun terraces, ground-floor apartments with private gardens up to 45 m², and generous first-floor units with large terraces. Each residence is equipped with modern comforts such as air conditioning, built-in wardrobes, en-suite bathrooms, and open-plan kitchens. Residents enjoy shared facilities like saltwater swimming pools, lush gardens, underground parking with EV charging stations, and lift access. This Mijas property development combines contemporary design with natural beauty, offering an ideal investment or holiday home opportunity in Spain’s sunny Costa del Sol. Located just a short drive from Málaga airport, Mijas provides a perfect blend of traditional Andalusian charm and modern conveniences. Experience the Mediterranean climate, outdoor activities, and vibrant community life in this sought-after Spanish location. Don’t miss the chance to own a luxury home in Mijas, Spain, and enjoy the best of coastal living on the Costa del Sol.
Location
Nightly rates in the area
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