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3
Bedrooms
2
Bathrooms
99 m²
Surface area
€
€3030
Price per m²
Apartment
Property type
+23 photos
Analysis
Price
€300.000
Own investment (30%)
€90.000
30% down payment of purchase price
Buyer costs
€30.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€560
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€82,50
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€470,82
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€76,25
Municipal taxes for Mijas
Tax
(19%)
-€307,02
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
€161,24
High season
€203
Mid season
€156,75
Low season
€124
Price determining factors
- Proximity to the coast and historic center: High demand for properties in this area.
- Views and outdoor space: Southwest-facing views and private terrace add value.
- Property amenities: Modern features like air conditioning, elevator, and furnishings.
- Market demand for holiday and investment properties: High, especially in popular tourist destinations like Mijas.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €260,80 | Andalusian Villa with views, Pool, Garden & BBQ | 4.5 km |
| €185 | Villa La Guirnalda private pool/wifi/barbecue | 6.9 km |
| €164,40 | 3 Bed Accommodation with Pool | 9.5 km |
| €314 | Livita, Space, Above the beach, Cala de mijas | 10.2 km |
| €195,20 | Hacienda el Alamo | 10.3 km |
| €166,20 | Seaview house: Rooftop pool,gameroom, parking|REMS | 11.1 km |
| €92,80 | House Technology Park, luxury for you! | 16.8 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 21.0 km |
| €211,20 | Luxury attached Villa La Biznaga | 21.5 km |
| €226,80 | Bright Classic House Near La Malagueta | REMS | 25.4 km |
Return & Value appreciation
Annual return
17.45%
5 Year Return
87.25%
10 Year Return
174.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, likely to attract buyers and tenants.
- Local market trends in 2027: Expected growth due to increasing popularity of Mijas as a holiday and retirement destination.
- Property type: Apartment in a desirable location, generally appreciating in value.
- Economic outlook in 2027: Positive, with Spain's economy expected to recover and grow, boosting real estate demand.
- Demographic developments: Growing expatriate and retiree populations increasing demand for properties.
- Infrastructure plans in 2027: Planned improvements in transportation and local amenities could enhance property value.
- Historical WOZ value trends: Consistent increase over the years, indicating rising property values in the area.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade energy efficiency features to reduce utility costs.
- Enhance outdoor spaces with landscaping or additional terraces.
- Add smart home technology for increased convenience and appeal.
Description
Experience the epitome of coastal living in this stunning 99 m² property in Mijas, Spain, offering breathtaking southwest-facing views. Wake up to the warm Mediterranean sunlight streaming through your windows, illuminating a spacious living-dining area and a modern, fully-equipped kitchen perfect for culinary enthusiasts. The residence features three generous bedrooms, including a luxurious master suite with direct access to a private terrace where you can enjoy your morning coffee while soaking in panoramic coastal vistas. Built in 2004, this Mijas property boasts top-tier amenities such as hot and cold air conditioning, an elevator, and elegant furnishings, ensuring comfort and convenience from day one. Nestled just a three-minute stroll from Mijas’s historic center, this home combines tranquil Andalusian serenity with vibrant village life. The peaceful surroundings are complemented by easy access to the lively local scene, making this property a rare find in Mijas real estate. Ideal for those seeking a primary residence, holiday home, or investment opportunity in Spain, this property offers the perfect blend of comfort, style, and location. Don’t miss your chance to own a piece of Mijas’s coastal paradise—schedule your viewing today and wake up to stunning sunrises in Spain.
Location
Nightly rates in the area
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