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2
Bedrooms
2
Bathrooms
91 m²
Surface area
€
€4670
Price per m²
Apartment
Property type
+46 photos
Analysis
Price
€425.000
Own investment (30%)
€127.500
30% down payment of purchase price
Buyer costs
€42.500
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
-€793,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€75,83
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
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€102,81
Municipal taxes for Mijas Costa
Tax
(19%)
-€132,09
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.
Nightly Rates
Estimated nightly rate
€111,42
High season
€149
Mid season
€108,50
Low season
€87
Price determining factors
- Proximity to beaches and amenities: High demand for properties near the coast.
- Luxury amenities: Resort-style facilities attract higher rental and resale prices.
- Property condition: Modern, well-equipped interiors command premium prices.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| 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
3.98%
5 Year Return
19.90%
10 Year Return
39.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern interior enhances value.
- Local market trends in 2027: Growing demand for coastal properties on the Costa del Sol.
- Property type: Apartments in a resort-like complex are attractive for both residents and investors.
- Economic outlook in 2027: Stable economic growth in Spain and Europe supports property appreciation.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities increase desirability.
- Historical WOZ value trends: Consistent increase in property values in Mijas Costa over the past decade.
Possible improvements
- Upgrade kitchen and bathroom fixtures for a more modern look.
- Add smart home technology to increase appeal.
- Enhance outdoor space with landscaping or a terrace upgrade.
- Implement energy-efficient appliances and systems to reduce utility costs.
Description
Experience coastal living at its finest with this exquisite 2-bedroom, 2-bathroom apartment in Mijas Costa, Spain. Spanning 91 m² of thoughtfully designed space, this property offers the perfect blend of comfort and style, ideal for those seeking a dream home or holiday retreat on the Costa del Sol. Located just a short stroll from pristine beaches and vibrant local amenities, this Mijas Costa apartment combines convenience with tranquility.
Enjoy luxury amenities including a state-of-the-art gym, relaxing spa, paddle tennis courts, and a putting green, all within a lush garden setting. The complex features three sparkling swimming pools, creating a resort-like atmosphere for sunbathers and swimmers alike. For remote workers, dedicated co-working spaces provide an inspiring environment to stay productive.
The modern apartment boasts built-in wardrobes, air conditioning, and electric heating, ensuring year-round comfort. Its west-facing orientation offers stunning sunset views from the private terrace, perfect for unwinding after a day at the beach. Accessibility features and a dedicated garage space further enhance the property's appeal.
This Mijas Costa apartment presents a rare opportunity to enjoy a luxurious lifestyle on the Costa del Sol, whether as a permanent residence or an investment property. Don’t miss the chance to make this beautiful home yours in one of Spain’s most sought-after coastal locations.
Location
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