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4
Bedrooms
2
Bathrooms
80 m²
Surface area
€
€6188
Price per m²
Apartment
Property type
+27 photos
Analysis
Price
€495.000
Own investment (30%)
€148.500
30% down payment of purchase price
Buyer costs
€49.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€225,49
Expected occupancy rate
50%
Gross rental p/m
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€0000
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Mortgage costs
-€924
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€66,67
{% 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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€514,40
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€117,69
Municipal taxes for Mijas Costa
Tax
(19%)
-€272
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
€225,49
High season
€327
Mid season
€226,75
Low season
€161
Price determining factors
- Strong local demand for holiday and permanent residences in Mijas Costa.
- Proximity to amenities and natural attractions like Gran Parque de Mijas.
- High-quality communal facilities and sea views increase desirability.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €241,40 | Casa Tranquila (Quiet House) La Cala de Mijas | 5.9 km |
| €247 | Ayma Ocean View | 4.5 km |
| €212,60 | Modern house with panoramic ocean views in Alya | 7.9 km |
| €210,60 | Lovely townhouse with private pool | 2.8 km |
| €427,60 | Heated pool / Premium Spanish villa / Sea views | 4.9 km |
| €477,43 | Impressive VILLA Dazura in Valtocado. MIJAS | 6.9 km |
| €249,80 | Stylish Villa ParÃs - Heated Pool | 5.7 km |
| €291 | Spacious 4-Bedroom Townhouse 3 min from the Beach | 8.2 km |
| €377,40 | Villa Lola with pool, private oasis | 16.1 km |
| €197 | The tropical paradise in Malaga | 17.9 km |
Return & Value appreciation
Annual return
9.37%
5 Year Return
46.85%
10 Year Return
93.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and fully furnished, which enhances value.
Possible improvements
- Renovate bathrooms and kitchen for modern appeal.
- Upgrade energy efficiency features, such as windows and insulation.
- Enhance outdoor spaces or balcony areas for better leisure appeal.
Description
Discover this elegant apartment in Mijas Costa, Spain, offering breathtaking panoramic views of the sparkling sea and lush green hills. Perfect as a holiday home or a permanent residence, this spacious property features four adaptable bedrooms and two modern bathrooms, with the flexibility to convert into three larger bedrooms to accommodate family or guests comfortably. Fully furnished and meticulously equipped, the apartment includes essentials such as tableware, bed linens, towels, a coffee machine, and a flat-screen TV, ensuring move-in readiness. For year-round comfort, it boasts ducted air conditioning with both hot and cold settings.
Situated within a vibrant complex, residents enjoy extensive communal amenities, including a heated outdoor pool, a fully equipped gym, a luxurious spa area, sauna, and a charming rooftop restaurant—ideal for relaxing and entertaining. Just five minutes from the renowned Gran Parque de Mijas, the largest park in Andalusia, this location is perfect for outdoor activities, sports, and cultural events.
Additional features include a private garage space and a storage room, providing convenience and security. This Mijas Costa property seamlessly combines luxury living with a prime location in Spain, making it an excellent investment opportunity or a dream holiday retreat. Experience the best of coastal Spain with this exceptional apartment in Mijas Costa, Spain.
Location
Nightly rates in the area
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