Bayview, Mijas
- Properties From $347,000
- Tenure: Freehold
- Estimated Rental Return Net: 5%
- Completed
- Guaranteed 5% return on investment in the first year with strong rental potential thereafter. Fully managed by hotel group.
- Marbella has seen prices sky rocket in the last 10 years, with many buyers moving a little further afield to find value. This means that there is still plenty of room for growth in the market, making Mijas a smart choice for investors.
- The Costa del Sol has a booming touristic market. Up to half of all property sales in Costa del Sol are foreign investments.
The Resort
Fully managed and rented on investors behalf, the Bayview resort is located beside the stunning Costa del Sol beaches. The famous towns of Marbella and Malaga are within easy reach by car.  Extensive facilities are offered by resort-based ownership, including 24-hour reception and security, concierge service, multiple restaurants, bars, and a gym – plus a golden beach within walking distance. On offer are 2 bedroom apartments with living room, kitchen, bathroom and terrace.
– Fully managed and rented on investors behalf
– Resort-based ownership
Why Spain?
- 87 million visitors per year
- 300 days of sunshine
- Low cost of living
Spain is considered one of the most attractive countries for real estate investments in Europe. In Spain, the demand for rental properties has increased by more than 10% year-on-year. An expanding market offers many advantages, such as a large number of potential customers, as well as less intense competition. According to a report published by the Central Bank of Spain in 2022, properties can expect a return of + 11.2%. The good news for international real estate cash-buyers: it should be easier to find properties as interest rates are rising. In 2019 (prior to Covid), Spain was the second most visited country in the world with 83.7 million visitors. Some of the worlds biggest REITs have turned their attention to developing luxury homes on the Costa del Sol due to the high ROI.
Est. Returns
- 5% guaranteed year 1.
- Est. 5.5% from year 2.
Location
Located Spain’s picturesque Costa del Sol, a region renowned for its stunning beaches, vibrant culture, and temperate climate. This prime location allows guests to enjoy easy access to both the beach and nearby attractions. Malaga airport is just 17 miles away. Nearby leisure activities include tennis courts, golf courses, amusement parks, and various water sports options such as jet skiing and snorkeling. Fuengirola is located just over 1 mile from from the Bayview resort. This coastal town is known for its beautiful beaches, vibrant promenade, and a variety of restaurants and shops. It offers visitors a mix of cultural attractions, including historical sites like the Sohail Castle, which overlooks the town and provides stunning views of the coastline.
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