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2
Bedrooms
2
Bathrooms
90 m²
Surface area
€
€4111
Price per m²
House
Property type
+22 photos
Analysis
Price
€370.000
Own investment (30%)
€111.000
30% down payment of purchase price
Buyer costs
€37.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€112,44
Expected occupancy rate
68%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€690,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€75
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
-€348,84
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€91,12
Municipal taxes for Mijas
Tax
(19%)
-€157,38
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
€112,44
High season
€150
Mid season
€109,42
Low season
€89
Price determining factors
- Proximity to beaches, Marbella, and Puerto Banús.
- High rental potential due to Touristic License.
- Quality of finishes and modern appliances.
- Scenic sea views and outdoor terraces.
- Accessibility features and communal amenities.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 11.9 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 1.5 km |
| €132,40 | Spectacular house on Carvajal Beach | 4.9 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 0.1 km |
| €166,80 | Chariming and creative house 50m from the beach | 18.6 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 5.9 km |
| €116 | Charming Sea Front Bungalow | 12.6 km |
| €124,86 | Sunny hillside casita in Guaro | 19.3 km |
| €170,20 | Unique views & terrace. Plz Merced | 24.3 km |
| €94,60 | Spacious Independent House ·Central Area – ARQ | 24.8 km |
Return & Value appreciation
Annual return
5.44%
5 Year Return
27.20%
10 Year Return
54.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern finishes enhances value.
- Local market trends in 2027: Growing demand for holiday rentals and second homes on Costa del Sol.
- Property type: House with sea views and terraces is highly desirable.
- Economic outlook in 2027: Positive economic growth in Spain and tourism sector expansion.
- Demographic developments: Increasing interest from international buyers and retirees.
- Infrastructure plans in 2027: Continued improvements in transportation and amenities in Mijas.
- Historical WOZ value trends: Consistent appreciation in property values in Mijas and surrounding areas.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Enhance outdoor living spaces with additional furniture or landscaping.
- Implement energy-efficient solutions like solar panels.
- Renovate bathrooms for modern aesthetics.
- Improve accessibility features further for increased appeal.
Description
Discover this spacious and stylish house in Mijas, Spain, offering breathtaking sea views and expansive terraces. Located in the charming town of Mijas, renowned for its Andalusian tradition and vibrant culture, this property combines modern comfort with authentic Spanish character. Just 5 kilometers from the Mediterranean beaches and within easy reach of Marbella and Puerto Banús, it is ideal for those seeking a luxurious lifestyle on the Costa del Sol. The residence features beautifully maintained communal gardens and a swimming pool, perfect for relaxing and enjoying the Mediterranean climate year-round. Inside, the open-plan living and dining areas are flooded with natural light, showcasing high-quality finishes and contemporary touches. Equipped with modern appliances, including heat pumps, dishwasher, washing machine, refrigerator, and integrated oven and stove, the house offers both comfort and functionality. Accessibility is a key feature, with wheelchair access from the back and convenient entry via a single flight of stairs. Additionally, this property holds a Touristic License and boasts high rental potential, making it an excellent investment opportunity in Mijas, Spain. Experience the perfect blend of scenic beauty, cultural richness, and modern amenities in this exceptional Mijas property, ideal for buyers and investors alike.
Location
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Nightly rates in the area
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