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Apartment in Mijas Costa, 2 bedrooms, 138 m² €420.000

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2
Bedrooms
2
Bathrooms
138 m²
Surface area
€
€3043
Price per m²
Apartment
Property type
Apartment in Mijas Costa, 2 bedrooms, 138 m² - Hoofdafbeelding
Apartment in Mijas Costa, 2 bedrooms, 138 m² - Afbeelding 1
Apartment in Mijas Costa, 2 bedrooms, 138 m² - Afbeelding 2
Apartment in Mijas Costa, 2 bedrooms, 138 m² - Afbeelding 3
+12 photos

Analysis

Price
€420.000
Own investment (30%)
€126.000
Buyer costs
€42.000
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€784
Maintenance costs
-€115
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€95,38
Tax (19%)
-€127,83
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€111,42
High season
€149
Mid season
€108,50
Low season
€87

Price determining factors

  • High-quality finishes and modern amenities.
  • Prime location near golf courses, restaurants, and transport.
  • Panoramic sea and mountain views.
  • Access to communal facilities like pools and gardens.

Comparable accommodations

Rate Hotel / apartment Distance
€133,60 An impressive beach house 7.0 km
€203 Casa Flores - Panoramic views, pool, tennis, BBQ 5.7 km
€132,40 Spectacular house on Carvajal Beach 4.4 km
€125,20 Picturesque Casita Mijas Pueblo 5.9 km
€166,80 Chariming and creative house 50m from the beach 16.2 km
€134,80 Cubo's Finca La Graciosa (Cubo's Farm) 11.7 km
€116 Charming Sea Front Bungalow 14.8 km
€124,86 Sunny hillside casita in Guaro 22.2 km
€170,20 Unique views & terrace. Plz Merced 28.0 km
€94,60 Spacious Independent House ·Central Area – ARQ 28.6 km

Return & Value appreciation

Annual return

5.19%

5 Year Return

25.95%

10 Year Return

51.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with high-end finishes enhances value.
  • Local market trends in 2027: Expected growth due to tourism and expatriate demand.
  • Property type: Luxury apartment in a sought-after area attracts premium buyers.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Planned improvements in transport and amenities will increase desirability.
  • Historical WOZ value trends: Consistent increase indicating rising property values.

Possible improvements

  • Adding smart home features for modern convenience.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor living spaces or adding a private garden.
  • Implementing energy-efficient systems to reduce costs.

Description

Discover this luxurious apartment in Mijas Costa, Spain, offering an exceptional living experience on the Costa del Sol. Perfectly located in the sought-after urb. Miraflores Hills, this Mijas Costa property combines convenience, elegance, and stunning views. Featuring two spacious bedrooms and two bathrooms, including an en-suite, it is ideal for comfortable living or a high-end investment. With a generous 138.19m² built area—comprising 104.9m² of interior space and a 33.29m² terrace—this Mijas Costa apartment provides ample room for relaxation and entertaining. Residents enjoy access to premium communal facilities such as a well-maintained swimming pool, lush gardens, and secure garage parking within a gated community enhanced with surveillance and security features. Accessibility is seamless with an elevator and wheelchair-friendly design. The apartment boasts high-end finishes like marble floors, double-glazing, underfloor heating in bathrooms, and integrated air conditioning for all-year comfort. The living area opens onto a private covered terrace with panoramic sea and mountain views, illuminated by natural light through glass doors. The fully fitted kitchen, combined with fitted wardrobes, a storage room, and optional bespoke furniture packages, offers flexible customization. Modern amenities include fiber optic internet, Wi-Fi, an alarm system, and pet-friendly policies. Situated near golf courses, top restaurants, and excellent transport links, this Mijas Costa property is a prime opportunity for those seeking a luxurious lifestyle in Spain’s Costa del Sol. Experience the perfect blend of comfort, security, and location in this outstanding Mijas Costa apartment.

Location

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