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Apartment in Mijas, 3 bedrooms, 115 m² €375.000

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3
Bedrooms
2
Bathrooms
115 m²
Surface area
€
€3261
Price per m²
Apartment
Property type
Apartment in Mijas, 3 bedrooms, 115 m² - Hoofdafbeelding
Apartment in Mijas, 3 bedrooms, 115 m² - Afbeelding 1
Apartment in Mijas, 3 bedrooms, 115 m² - Afbeelding 2
Apartment in Mijas, 3 bedrooms, 115 m² - Afbeelding 3
+12 photos

Analysis

Price
€375.000
Own investment (30%)
€112.500
Buyer costs
€37.500
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€700
Maintenance costs
-€95,83
Cleaning costs
-€333,33
Platform fees
-€470,82
Municipal taxes
-€96,44
Tax (19%)
-€274,05
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€161,24
High season
€203
Mid season
€156,75
Low season
€124

Price determining factors

  • Proximity to beaches, golf courses, and amenities increases desirability.
  • Views of golf course and mountains add premium value.
  • Community amenities such as pools and gardens enhance appeal.

Comparable accommodations

Rate Hotel / apartment Distance
€260,80 Andalusian Villa with views, Pool, Garden & BBQ 4.5 km
€185 Villa La Guirnalda private pool/wifi/barbecue 6.9 km
€164,40 3 Bed Accommodation with Pool 9.5 km
€314 Livita, Space, Above the beach, Cala de mijas 10.2 km
€195,20 Hacienda el Alamo 10.3 km
€166,20 Seaview house: Rooftop pool,gameroom, parking|REMS 11.1 km
€92,80 House Technology Park, luxury for you! 16.8 km
€378,33 Casa Calma ǀ Private Pool ǀ Close to Beach + Golf 21.0 km
€211,20 Luxury attached Villa La Biznaga 21.5 km
€226,80 Bright Classic House Near La Malagueta | REMS 25.4 km

Return & Value appreciation

Annual return

12.46%

5 Year Return

62.30%

10 Year Return

124.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained apartments with modern amenities tend to appreciate more.
  • Local market trends in 2027: Growing demand for holiday and investment properties in Mijas and Costa del Sol.
  • Property type: Apartments in gated communities with amenities are attractive to buyers and renters.
  • Economic outlook in 2027: Expected steady growth in Spain's economy, supporting real estate appreciation.
  • Demographic developments: Increasing number of retirees and expatriates seeking properties in Spain.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and leisure facilities enhance property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Renovate bathrooms and kitchen for modern appeal.
  • Upgrade air conditioning and heating systems.
  • Enhance outdoor spaces with landscaping or additional terraces.
  • Implement energy-efficient appliances and fixtures.

Description

Discover this stunning 3-bedroom apartment for sale in Mijas, Spain, offering breathtaking views of the Los Largos golf course in this highly sought-after gated community. Perfectly positioned with a westerly orientation, this Mijas property combines luxurious living with convenient access to the vibrant beaches of Fuengirola, just a short drive away. The spacious open-plan lounge and dining area feature double sliding doors opening to a generous terrace, ideal for al fresco dining while enjoying panoramic fairway and mountain vistas. The modern, fully fitted kitchen includes high-quality appliances and a breakfast bar, with access to a utility terrace. The master bedroom boasts an en suite bathroom and private terrace overlooking the lush golf course and mountains. Two additional bedrooms share a family bathroom, with one opening to a private terrace overlooking the greens. Residents benefit from community amenities such as a large swimming pool, children’s pool, and beautifully maintained gardens. This Mijas apartment features elegant marble floors and hot/cold air conditioning in bedrooms, ensuring comfort year-round. Located near the championship golf courses of Los Largos and Los Olivos, Mijas Golf, this property is within walking distance of excellent restaurants, the clubhouse, and close to the 5-star La Zambra hotel. With easy parking and potential for holiday rentals, this apartment is ideal for investors or those seeking a luxurious Mijas residence. Experience spectacular golf and mountain views in this exceptional Mijas property in Spain.

Location

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