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2
Bedrooms
2
Bathrooms
138 m²
Surface area
€
€3043
Price per m²
Apartment
Property type
+12 photos
Analysis
Price
€420.000
Own investment (30%)
€126.000
30% down payment of purchase price
Buyer costs
€42.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€784
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€115
{% 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
-€95,38
Municipal taxes for Mijas Costa
Tax
(19%)
-€127,83
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
- 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
Nightly rates in the area
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