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3
Bedrooms
2
Bathrooms
139 m²
Surface area
€
€4669
Price per m²
Apartment
Property type
+40 photos
Analysis
Price
€649.000
Own investment (30%)
€194.700
30% down payment of purchase price
Buyer costs
€64.900
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
-€1.211,47
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
-€150,41
Municipal taxes for Mijas Costa
Tax
(19%)
-€162,54
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, golf courses, and amenities: Enhances desirability.
- Community facilities: Resort-style amenities increase value.
- Property condition: Modern and well-maintained properties command higher prices.
- Economic factors: Stable local economy and tourism boost property prices.
- Local developments: Planned infrastructure and commercial projects can increase value.
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
3.20%
5 Year Return
16.00%
10 Year Return
32.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, likely to attract tenants and buyers.
- Local market trends in 2027: Expected growth due to increasing popularity of Costa del Sol as a holiday and retirement destination.
- Property type: Apartments in high-demand resort areas tend to appreciate steadily.
- Economic outlook in 2027: Positive, with tourism and real estate sectors expected to grow.
- Demographic developments: Growing expatriate and retiree populations increasing demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhancing accessibility.
- Historical WOZ value trends: Consistent increase reflecting appreciation in property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Add smart home features for increased convenience.
- Upgrade flooring and fixtures to premium materials.
- Enhance outdoor space with landscaping or additional features.
- Implement energy-efficient solutions to reduce utility costs.
Description
Experience the epitome of Mediterranean living with this stunning first-floor apartment in Mijas Costa, one of the most sought-after areas in Spain. Located in the prestigious El Chaparral neighborhood, this property offers a perfect blend of comfort and style, ideal for those seeking a permanent residence, holiday retreat, or investment opportunity on the Costa del Sol. The bright, spacious living-dining area seamlessly opens onto a large southwest-facing terrace, providing abundant sunlight and picturesque views of the lush gardens and surrounding nature. The fully equipped independent kitchen connects conveniently to a practical laundry space, enhancing daily living. Featuring three double bedrooms with built-in wardrobes and two well-appointed bathrooms—including a luxurious en-suite in the master bedroom—this apartment ensures privacy and comfort. Included in the property are a dedicated storage room and an underground parking space, adding convenience and security. The gated community boasts beautifully landscaped gardens, swimming pools for adults and children, a gym, social club, and concierge services, offering a resort-style lifestyle. Excellent connectivity via the A7 and AP7 highways places Fuengirola, La Cala de Mijas, and Málaga Airport within easy reach—just 10, 5, and 25 minutes away respectively. Surrounded by pristine beaches, world-class golf courses, and essential amenities, this Mijas Costa apartment embodies the best of coastal Spain living. Discover your perfect home or investment on the Costa del Sol with this exceptional property in Mijas Costa.
Location
Nightly rates in the area
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