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1
Bedrooms
1
Bathrooms
83 m²
Surface area
€
€4325
Price per m²
Apartment
Property type
+6 photos
Analysis
Price
€359.000
Own investment (30%)
€107.700
30% down payment of purchase price
Buyer costs
€35.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€80,99
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€670,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€69,17
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€254,97
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€88,79
Municipal taxes for Mijas
Tax
(19%)
-€61,76
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
€80,99
High season
€109
Mid season
€78,92
Low season
€61
Price determining factors
- Economic outlook in 2027: Stable to positive, supporting property appreciation.
- Demographic developments: Increasing expatriate and retiree population in Mijas.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities boosting accessibility.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €111 | Stunning apartment with ocean views | 8.9 km |
| €287,40 | Casita with fantastic views | 1.7 km |
| €165,60 | Beautiful Mijas Pueblo Townhouse with sea views | 0.5 km |
| €80 | "The Bridge" Los Monteros | 19.5 km |
| €39,60 | La EcoCasita in Malaga | 13.2 km |
| €154,20 | Casa Del Mirador, Private Pool and Hot Tub, Views | 12.4 km |
| €95,60 | Authentic rural little house with private pool | 13.5 km |
| €57,80 | ***Beautiful Downtown Studio, Garden and Pool*** | 9.9 km |
| €157,60 | Beautiful Wooden Cabin with exclusive use of pool | 17.8 km |
| €140 | Modern & Sea views: Apartment La Roca | 12.7 km |
Return & Value appreciation
Annual return
2.93%
5 Year Return
14.65%
10 Year Return
29.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment enhances value.
- Local market trends in 2027: Growing demand for coastal properties in Costa del Sol.
- Property type: Apartments in a luxury development attract high-end buyers.
Possible improvements
- Upgrade interior finishes and appliances.
- Add smart home features.
- Enhance outdoor spaces or balconies.
- Improve energy efficiency.
Description
Discover this exclusive new development in Mijas, Spain, offering luxurious apartments with prices ranging from €359,000 to €764,000. Designed by a renowned architect, this property stands as an architectural masterpiece that seamlessly blends modern living with the beauty of the Mediterranean. Located in the heart of Costa del Sol, Mijas is one of Spain's most desirable destinations, combining lush natural surroundings with vibrant coastal life. Enjoy breathtaking panoramic views of the mountains and the sea, just minutes from the beaches of Mijas Costa and Fuengirola, and within easy reach of Marbella, Málaga city, and Málaga-Costa del Sol International Airport. The development features spacious 1 to 3-bedroom apartments with 1 to 2 bathrooms and built sizes from 83m2 to 169m2, perfect for both primary residences and investment opportunities in Mijas, Spain. The community offers exceptional amenities including two swimming pools, a spa, a fully equipped gym, and a coworking space with a kitchen—ideal for a balanced lifestyle rooted in wellness. Surrounded by lush gardens and natural beauty, this property offers the perfect blend of tranquility and accessibility. Experience the essence of Costa del Sol living in Mijas, Spain, where sophisticated architecture meets stunning coastal views and vibrant local culture.
Location
Nightly rates in the area
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