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2
Bedrooms
2
Bathrooms
86 m²
Surface area
€
€4942
Price per m²
Apartment
Property type
+8 photos
Analysis
Price
€425.000
Own investment (30%)
€127.500
30% down payment of purchase price
Buyer costs
€42.500
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
-€793,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€71,67
{% 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
-€102,81
Municipal taxes for Mijas
Tax
(19%)
-€132,88
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: Upgrades and maintenance impact pricing.
- Local market trends in 2027: Market appreciation driven by tourism and foreign investment.
- Property type: Apartments tend to appreciate faster in resort areas.
- Economic outlook in 2027: Economic stability supports property prices.
- Demographic developments: Growth in expatriate residents increases demand.
- Infrastructure plans in 2027: New developments enhance property value.
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
5.33%
5 Year Return
26.65%
10 Year Return
53.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interiors enhance value.
- Local market trends in 2027: Expected growth due to tourism and expatriate demand.
- Property type: Apartments in high-demand resort area.
- Economic outlook in 2027: Positive, with steady economic growth in Spain and Europe.
- Demographic developments: Increasing expatriate and retiree populations.
- Infrastructure plans in 2027: Improved transportation and amenities boosting attractiveness.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Enhance outdoor terraces with landscaping or furniture.
- Upgrade appliances and fixtures to premium quality.
- Implement energy-efficient systems to reduce costs.
- Add smart home features for modern convenience.
Description
Discover luxurious modern living in this exclusive new development in Mijas, Spain, with prices ranging from €425,000 to €655,000. Offering spacious 2 to 3-bedroom apartments with 2 bathrooms and built sizes from 86m2 to 116m2, this property combines contemporary design with the tropical elegance inspired by Brazilian resorts. Set amidst lush gardens, water features, and vibrant greenery, these homes seamlessly blend indoor comfort with outdoor living, embodying the vibrant lifestyle of Costa del Sol. The development's innovative architecture features striking green facades and expansive terraces that maximize sunlight and offer stunning views, creating a unique visual identity. Residents enjoy premium communal facilities, including a swimming pool and fully equipped gym, all within beautifully landscaped surroundings that promote a relaxed, resort-style atmosphere. Located in Mijas, a highly sought-after area in Spain renowned for its excellent climate, picturesque landscapes, and vibrant community, this property provides an exceptional investment opportunity for those seeking a luxurious lifestyle on the Costa del Sol. Embrace the perfect blend of modern elegance, natural beauty, and strategic location with this Mijas property—a true sanctuary for discerning buyers looking to enjoy the best of Spain's renowned coastline.
Location
Nightly rates in the area
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