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2
Bedrooms
2
Bathrooms
75 m²
Surface area
€
€4867
Price per m²
Apartment
Property type
+21 photos
Analysis
Price
€365.000
Own investment (30%)
€109.500
30% down
payment of purchase price
Buyer costs (10%)
€36.500
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 interest rate (%)
Monthly mortgage = interest on the loan + linear repayment per year. Changing the term updates the annual repayment automatically.
Mortgage term (years)
Repayment (per year)
€
Total mortgage costs
-€681,33
Maintenance costs
-€62,50
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
-€90,06
Municipal taxes for Mijas Golf
Tax
(19%)
-€158,33
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.
* Indicative calculation based on a linear mortgage.
Nightly Rates
Estimated nightly rate
€111,42
High season
€149
Mid season
€108,50
Low season
€87
Price determining factors
- Proximity to beaches, golf courses, and amenities.
- High-quality renovation and furnishings.
- Community amenities like pool and private garage.
- South- and east-facing terraces providing natural sunlight.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 6.8 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 4.3 km |
| €132,40 | Spectacular house on Carvajal Beach | 6.8 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 5.4 km |
| €166,80 | Chariming and creative house 50m from the beach | 13.8 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 10.8 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 19.7 km |
| €186,80 | Unique place with roof terrace in Old town | 19.8 km |
| €116 | Charming Sea Front Bungalow | 16.9 km |
| €124,86 | Sunny hillside casita in Guaro | 18.8 km |
Return & Value appreciation
Annual return
5.55%
5 Year Return
27.75%
10 Year Return
55.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated kitchen enhances value.
- Local market trends in 2027: Expected growth due to tourism and expatriate interest.
- Property type: Popular apartment style in a desirable location.
- Economic outlook in 2027: Positive, with steady growth in Spain's economy.
- Demographic developments: Increasing expatriate and retiree population boosting demand.
- Infrastructure plans in 2027: Improved transportation and amenities in Mijas Golf area.
- Historical WOZ value trends: Consistent appreciation reflecting property value stability.
Possible improvements
- Upgrade to smart home technology.
- Add energy-efficient appliances or solar panels.
- Enhance outdoor space with landscaping or outdoor furniture.
- Modernize bathrooms or kitchen fixtures for increased appeal.
Description
Discover this stunning 75.46 m² modern apartment in Mijas Golf, Spain, featuring a spacious 18.53 m² terrace with breathtaking open views of the golf course and mountains. This bright, move-in ready property offers two luminous bedrooms and two full bathrooms, perfect for comfortable living. Enjoy abundant natural sunlight on south- and east-facing terraces, providing delightful morning, midday, and afternoon warmth. The fully renovated kitchen boasts high-end appliances and premium materials, complementing the stylish, fully furnished interior with contemporary furniture. Additional highlights include air conditioning (hot/cold), an elevator building, and a private garage with a large storage room for convenience. Residents can indulge in the community pool available year-round, ideal for relaxing or socializing. Located just 50 meters from the bus stop and only a 5-10 minute drive to local beaches and shopping centers, this property offers easy access to schools, shops, and essential services. Whether you're seeking a peaceful retreat or a lucrative investment in Mijas Golf, Spain, this apartment provides exceptional value. Priced at €345,500, this is an incredible opportunity to own a stylish home with spectacular views and all the amenities you need. Contact us today for more information or to schedule a viewing of this beautiful Mijas Golf property in Spain.
Location
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