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Apartment in Mijas Costa, 4 bedrooms, 80 m² €495.000

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4
Bedrooms
2
Bathrooms
80 m²
Surface area
€
€6188
Price per m²
Apartment
Property type
Apartment in Mijas Costa, 4 bedrooms, 80 m² - Hoofdafbeelding
Apartment in Mijas Costa, 4 bedrooms, 80 m² - Afbeelding 1
Apartment in Mijas Costa, 4 bedrooms, 80 m² - Afbeelding 2
Apartment in Mijas Costa, 4 bedrooms, 80 m² - Afbeelding 3
+27 photos

Analysis

Price
€495.000
Own investment (30%)
€148.500
Buyer costs
€49.500
Estimated nightly rate
€225,49
Expected occupancy rate
50%
Gross rental p/m
€0000
Mortgage costs
-€924
Maintenance costs
-€66,67
Cleaning costs
-€375
Platform fees
-€514,40
Municipal taxes
-€117,69
Tax (19%)
-€272
Cashflow p.m.
Earned back in

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Nightly 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 París - 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

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