Azarbe Mijas in Fuengirola

Name: Sales in Azarbe Mijas started!
Start: 2021-02-10T07:04:18.743152+00:00
End: 2023-12-31T23:59:59+0000
Location: Azarbe Mijas

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Project info

Object ID: 10931

Finished at	February 2022
Price, m²	From 1950$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 90.00 m²
Floors	4
Apartments	40
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

175,500$

Net profit

9,376$

Payback period

14.9 years

Avg property value increase per year

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About the project

Our project "Azarbe Mijas" is made up of 40 homes with 2 and 3 bedrooms, all with terraces, parking space and storage room.

The enclosure has two 4-storey buildings, low with large terraces and penthouses with spacious terraces. The common areas have a swimming pool.

The homes are designed to achieve a practical interior distribution on a daily basis and the greatest comfort with qualities such as armored door, pre-installation of air conditioning, laminate flooring, kitchen furnished and equipped with oven, ceramic hob and hood.

Developer

A sound and reliable promoter At Aelca, we feel enthusiastic about the new stage we are about to begin, helping you find your dream home. …
Details about Aelca