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4
Bedrooms
3
Bathrooms
208 m²
Surface area
€
€3846
Price per m²
Apartment
Property type
+15 photos
Analysis
Price
€800.000
Own investment (30%)
€240.000
30% down payment of purchase price
Buyer costs
€80.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€282,58
Expected occupancy rate
62%
Gross rental p/m
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€0000
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Mortgage costs
-€1.493,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€173,33
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
-€799,35
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€171,88
Municipal taxes for Mijas Golf
Tax
(19%)
-€440,06
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.
Nightly Rates
Estimated nightly rate
€282,58
High season
€347
Mid season
€274,17
Low season
€222
Price determining factors
- Local market trends in 2027: Expected growth due to increasing demand for luxury properties.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €241,40 | Casa Tranquila (Quiet House) La Cala de Mijas | 5.5 km |
| €247 | Ayma Ocean View | 5.5 km |
| €212,60 | Modern house with panoramic ocean views in Alya | 6.3 km |
| €210,60 | Lovely townhouse with private pool | 5.1 km |
| €427,60 | Heated pool / Premium Spanish villa / Sea views | 3.8 km |
| €477,43 | Impressive VILLA Dazura in Valtocado. MIJAS | 4.7 km |
| €249,80 | Stylish Villa París - Heated Pool | 7.6 km |
| €291 | Spacious 4-Bedroom Townhouse 3 min from the Beach | 10.6 km |
| €377,40 | Villa Lola with pool, private oasis | 17.1 km |
| €197 | The tropical paradise in Malaga | 18.0 km |
Return & Value appreciation
Annual return
7.04%
5 Year Return
35.20%
10 Year Return
70.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, enhancing value.
Possible improvements
- Upgrade kitchen appliances and finishes.
- Enhance outdoor living spaces with landscaping or additional amenities.
- Modernize bathrooms for increased appeal.
Description
Discover the unique charm of this iconic tower located in the prestigious Mijas Golf community in Spain. This stunning, one-of-a-kind property offers luxury living with breathtaking views in the most beautiful complex in Mijas Golf. The residence features four spacious bedrooms and three modern bathrooms, including two en-suites, providing ample space for comfort and privacy. The ground floor boasts a large, fully equipped kitchen with an independent laundry area, and a generous living room that opens onto a south-facing terrace. From here, enjoy spectacular vistas of the sea, mountains, and the resort's inviting pool. The master suite includes a private en-suite bathroom and dressing area. Ascend to the first floor to find three additional bedrooms and two bathrooms, one of which is an en-suite. The highlight is the staircase leading up to the iconic tower, offering panoramic views that are simply breathtaking. Situated within a charming complex featuring four pools, cobbled streets, alleyways, fountains, and lush surroundings, this property epitomizes luxurious living in Mijas Golf, Spain. Ideal for discerning buyers seeking a unique investment in a picturesque location, this remarkable property combines exclusivity, stunning scenery, and top-tier amenities—making it a perfect choice for those looking to own a piece of Mijas Golf’s most desirable real estate.
Location
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