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2
Bedrooms
2
Bathrooms
108 m²
Surface area
€
€3241
Price per m²
Apartment
Property type
+31 photos
Analysis
Price
€350.000
Own investment (30%)
€105.000
30% down payment of purchase price
Buyer costs
€35.000
Buyer costs: 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 costs
-€653,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€90
{% 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
-€345,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€86,88
Municipal taxes for Mijas
Tax
(19%)
-€159,03
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
€111,42
High season
€149
Mid season
€108,50
Low season
€87
Price determining factors
- Property condition: Modern and updated kitchen and living areas increase value.
- Local market trends in 2027: Rising property prices in Mijas and nearby hotspots.
- Property type: Attractive top-floor apartment with scenic views and outdoor space.
- Economic outlook in 2027: Stable to positive economic conditions supporting property demand.
- Demographic developments: Growing population of affluent buyers and tourists.
- Infrastructure plans in 2027: New recreational facilities and improved transport links.
- Historical WOZ value trends: Increasing property tax assessments reflect rising market values.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 11.9 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 1.5 km |
| €132,40 | Spectacular house on Carvajal Beach | 4.9 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 0.1 km |
| €166,80 | Chariming and creative house 50m from the beach | 18.6 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 5.9 km |
| €116 | Charming Sea Front Bungalow | 12.6 km |
| €124,86 | Sunny hillside casita in Guaro | 19.3 km |
| €170,20 | Unique views & terrace. Plz Merced | 24.3 km |
| €94,60 | Spacious Independent House ·Central Area – ARQ | 24.8 km |
Return & Value appreciation
Annual return
7.75%
5 Year Return
38.75%
10 Year Return
77.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value retention and growth.
- Local market trends in 2027: Expected continued growth in Mijas and surrounding areas due to regional development and tourism.
- Property type: Apartment in a desirable location with scenic views, appealing to both residents and investors.
- Economic outlook in 2027: Positive regional economic growth driven by tourism, infrastructure, and real estate development.
- Demographic developments: Increasing demand from expatriates, retirees, and young professionals seeking leisure and investment properties.
- Infrastructure plans in 2027: Upcoming paddle tennis center and existing amenities enhance attractiveness.
- Historical WOZ value trends: Consistent appreciation in property taxes indicating rising property values.
Possible improvements
- Adding a private pool or jacuzzi to the terrace.
- Upgrading kitchen appliances and finishes for a more luxurious feel.
- Enhancing outdoor space with additional landscaping or outdoor furniture.
- Installing smart home technology for increased convenience and appeal.
- Improving energy efficiency with solar panels or upgraded insulation.
Description
Discover this exceptional top-floor apartment in Mijas, Spain, situated in the tranquil and lush Vista Verde neighborhood. Known for its peaceful ambiance and scenic beauty, Mijas offers a safe and charming environment with easy access to Marbella, Malaga, Fuengirola, and Mijas Pueblo. Just a few kilometers from pristine beaches and vibrant town centers, this property is perfectly positioned for both leisure and convenience. Families can walk to Los Pacos schools within minutes, and Malaga Airport is approximately a 20-minute drive, making travel effortless. Public transport options, including regular bus services to Fuengirola and Mijas, are conveniently located just over 500 meters away. The area’s appeal is further enhanced by the upcoming high-end paddle tennis center adjacent to the complex, alongside the renowned Lew Hoad Sports Center, featuring tennis, padel courts, a gym, and fitness classes—ideal for active lifestyles. This sunny, two-bedroom apartment offers stunning open sea and mountain views, complemented by a beautifully landscaped communal garden with koi ponds, creating a resort-like atmosphere. Its spacious wrap-around terrace, with private barbecue facilities and expansive views, provides the perfect outdoor living space—feeling like a private house on the roof. The modern, timelessly renovated kitchen and living areas, along with well-sized bedrooms and individual air conditioning units, ensure comfort year-round. With a valid tourist license, this property is ready for immediate rental income. Combining a prime location in Mijas, spectacular terraces, sea views, and strong regional growth, this apartment is a compelling choice for both personal residence and investment in Spain.
Location
Nightly rates in the area
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