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2
Bedrooms
2
Bathrooms
108 m²
Surface area
€
€5324
Price per m²
Apartment
Property type
+23 photos
Analysis
Price
€575.000
Own investment (30%)
€172.500
30% down payment of purchase price
Buyer costs
€57.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€112,66
Expected occupancy rate
67%
Gross rental p/m
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€0000
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Mortgage costs
-€1.073,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€90
{% 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
-€344,39
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€134,69
Municipal taxes for Mijas Costa
Tax
(19%)
-€68,75
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
€112,66
High season
€151
Mid season
€109,58
Low season
€90
Price determining factors
- Luxury outdoor amenities (jacuzzi, outdoor shower, fireplace) increase desirability.
- Proximity to golf courses and beaches enhances value.
- Modern interior features and ample outdoor space support higher pricing.
- High-quality amenities and private garden appeal to affluent buyers.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 7.0 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 5.7 km |
| €132,40 | Spectacular house on Carvajal Beach | 4.4 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 5.9 km |
| €166,80 | Chariming and creative house 50m from the beach | 16.2 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 11.7 km |
| €116 | Charming Sea Front Bungalow | 14.8 km |
| €124,86 | Sunny hillside casita in Guaro | 22.2 km |
| €170,20 | Unique views & terrace. Plz Merced | 28.0 km |
| €94,60 | Spacious Independent House ·Central Area – ARQ | 28.6 km |
Return & Value appreciation
Annual return
1.53%
5 Year Return
7.65%
10 Year Return
15.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern features and amenities support value appreciation.
- Local market trends in 2027: Growing demand for luxury properties in Mijas Costa due to tourism and expatriate influx.
- Property type: Apartments in high-demand areas tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain and Europe can boost real estate values.
- Demographic developments: Increasing expatriate and retiree populations in Costa del Sol enhance demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities can increase property attractiveness.
- Historical WOZ value trends: Consistent increase in property values in Mijas Costa over recent years.
Possible improvements
- Adding smart home technology for enhanced convenience.
- Upgrading kitchen appliances and fixtures.
- Improving energy efficiency with solar panels or better insulation.
- Enhancing outdoor landscaping and privacy features.
Description
Discover this exceptional property in Mijas Costa, Spain, offering a luxurious living experience with a vast 157 m² outdoor terrace that truly feels like an open-air living room. The expansive terrace features a relaxing jacuzzi, outdoor shower, a cozy fireplace in the living room, and a separate covered dining area perfect for entertaining guests. Inside, the 103 m² modern apartment boasts two bright bedrooms, two stylish bathrooms with underfloor heating, and a contemporary kitchen designed for comfort and elegance. Central air conditioning ensures a cool environment during hot summer months, while the premium amenities add a touch of luxury to daily living. All essential inclusions are covered, with two parking spaces accommodating three cars and two spacious storage rooms. Located in the prestigious and tranquil Cerros del Águila neighborhood of Mijas Costa, this residence offers a private garden and a stunning swimming pool, ideal for relaxation. Golf enthusiasts will appreciate the proximity to a nearby golf course, making this property perfect for both leisure and investment in Mijas Costa, Spain. Whether seeking a luxurious holiday home or a permanent residence, this unique apartment combines prime location, generous outdoor space, and modern amenities, making it an excellent opportunity in the real estate market of Mijas Costa, Spain.
Location
Nightly rates in the area
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