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3
Bedrooms
2
Bathrooms
128 m²
Surface area
€
€5563
Price per m²
Apartment
Property type
+18 photos
Analysis
Price
€712.000
Own investment (30%)
€213.600
30% down payment of purchase price
Buyer costs
€71.200
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
-€1.329,07
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€106,67
{% 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
-€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
-€163,80
Municipal taxes for Mijas Costa
Tax
(19%)
-€139,39
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 beaches and amenities: Enhances desirability and value.
- Location: Mijas Costa's popularity as a holiday and retirement destination.
- Property features: Modern comforts, community amenities, and potential for rental income.
- Market demand: High demand for coastal properties in Spain.
- Economic factors: Eurozone stability, interest rates, and tourism trends.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €260,80 | Andalusian Villa with views, Pool, Garden & BBQ | 1.4 km |
| €185 | Villa La Guirnalda private pool/wifi/barbecue | 12.7 km |
| €164,40 | 3 Bed Accommodation with Pool | 3.7 km |
| €314 | Livita, Space, Above the beach, Cala de mijas | 4.9 km |
| €195,20 | Hacienda el Alamo | 12.9 km |
| €166,20 | Seaview house: Rooftop pool,gameroom, parking|REMS | 12.8 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 19.6 km |
| €211,20 | Luxury attached Villa La Biznaga | 25.1 km |
| €226,80 | Bright Classic House Near La Malagueta | REMS | 28.9 km |
| €217 | Fabulous Villa,private pool, stunning views,Malaga | 15.4 km |
Return & Value appreciation
Annual return
2.50%
5 Year Return
12.50%
10 Year Return
25.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, likely to retain or increase value.
- Local market trends in 2027: Expected growth due to increasing tourism and demand for coastal properties.
- Property type: Popular apartment type in a sought-after location, supporting steady appreciation.
- Economic outlook in 2027: Positive economic growth in Spain and Europe, boosting real estate investments.
- Demographic developments: Growing expatriate and retiree populations increasing demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities enhancing property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Add smart home features for increased convenience.
- Improve outdoor spaces or balcony to enhance outdoor living.
- Upgrade air conditioning units for better efficiency.
- Implement energy-saving measures to reduce utility costs.
Description
Discover this spacious beachside apartment in Mijas Costa, Spain, offering an exceptional coastal living experience just 120 meters from the pristine beaches of La Cala de Mijas. This 3-bedroom, 2-bathroom property boasts a generous 128.48 m² of living space, including a large entrance hall, a fully equipped independent kitchen, and a bright living room with an enclosed terrace perfect for relaxing or entertaining. The master suite features an en-suite bathroom, and the apartment is fitted with built-in wardrobes, double-glazed windows, and hot and cold air conditioning to ensure comfort year-round.
Situated within a well-maintained community with elevator access, residents enjoy amenities such as a swimming pool and lush gardens. An optional parking space is available nearby, approximately a 7-minute walk, providing convenience for residents and visitors alike.
Located in Mijas Costa, this property is close to local bars and restaurants just 20 meters away, a supermarket within 700 meters, and easily accessible Malaga Airport at 30.7 km. Built in 2000, this apartment combines modern comfort with excellent location advantages, making it an ideal investment or permanent residence in the vibrant coastal area of Mijas Costa, Spain.
Whether you're seeking a seaside retreat or a lucrative investment opportunity, this beachside apartment in Mijas Costa offers the perfect blend of comfort, convenience, and coastal charm.
Location
Nightly rates in the area
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