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3
Bedrooms
2
Bathrooms
139 m²
Surface area
€
€5460
Price per m²
Apartment
Property type
+77 photos
Analysis
Price
€759.000
Own investment (30%)
€227.700
30% down payment of purchase price
Buyer costs
€75.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,15
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage costs
-€1.416,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€115,83
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€470,56
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€173,79
Municipal taxes for Mijas
Tax
(19%)
-€119,08
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
€161,15
High season
€204
Mid season
€156,42
Low season
€124
Price determining factors
- Proximity to the beach and amenities: Enhances desirability and value.
- Complex amenities: Pools, gym, security, and direct beach access increase attractiveness.
- Property features: Sea views, modern design, private parking, and spacious terraces.
- Location: Close to transport hubs, restaurants, and supermarkets.
- Market demand: High demand for holiday rentals and second homes in Mijas.
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
2.01%
5 Year Return
10.05%
10 Year Return
20.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment built in 2018, likely to retain value and attract tenants or buyers.
- Local market trends in 2027: Expected growth in tourism and expatriate population on Costa del Sol, supporting property demand.
- Property type: High-demand holiday and residential apartment, especially with sea views and amenities.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, boosting real estate investments.
- Demographic developments: Increasing expatriate and retiree populations seeking coastal living.
- Infrastructure plans in 2027: Ongoing improvements in transport, healthcare, and local amenities enhancing property appeal.
- Historical WOZ value trends: Consistent appreciation in property values in Mijas and surrounding areas.
Possible improvements
- Upgrade kitchen appliances and finishes to modern standards.
- Add smart home features for convenience and security.
- Improve outdoor spaces with landscaping or additional seating.
- Renovate bathrooms for a more luxurious feel.
- Enhance energy efficiency with solar panels or insulation.
Description
Discover this stunning first-floor apartment for sale in Mijas, Spain, offering an exceptional opportunity on the Costa del Sol. This modern 3-bedroom, 2-bathroom property features a fully equipped independent kitchen, a convenient laundry room, and ample storage space. The spacious living-dining area opens to a large terrace with breathtaking sea views, perfect for relaxing or entertaining while enjoying the Mediterranean climate.
Built in 2018, this Mijas apartment boasts three fitted bedrooms, including an en suite master bathroom. The property includes two private parking spaces and is part of a contemporary, well-located complex just 200 meters from the beach. Residents benefit from an array of amenities such as two swimming pools, a gym, a chill-out zone, 24/7 security with a concierge, and direct beach access via a bridge.
Strategically positioned, this property offers excellent connectivity to La Cala de Mijas, Fuengirola, and Malaga International Airport, making it ideal for both permanent residence and investment on the Costa del Sol. Surrounded by restaurants, supermarkets, pharmacies, and public transport, this Mijas apartment combines comfort, convenience, and spectacular sea views.
Don’t miss the chance to own this exceptional property 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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