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2
Bedrooms
2
Bathrooms
95 m²
Surface area
€
€4200
Price per m²
House
Property type
+9 photos
Analysis
Price
€399.000
Own investment (30%)
€119.700
30% down payment of purchase price
Buyer costs
€39.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€744,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€79,17
{% 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
-€97,29
Municipal taxes for Mijas
Tax
(19%)
-€141,73
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
- Proximity to popular spots like Bar Niño and Santa Ana Barrio.
- Panoramic sea and mountain views from rooftop.
- Modern renovation and outdoor living space.
- Potential for high rental yields due to location and property features.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
6.06%
5 Year Return
30.30%
10 Year Return
60.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-renovated, modern features enhance value.
- Local market trends in 2027: Growing popularity of Mijas as a holiday destination boosts property demand.
- Property type: Townhouse with outdoor space is attractive for holiday rentals.
- Economic outlook in 2027: Stable with potential growth in tourism and real estate sectors.
- Demographic developments: Increasing number of retirees and expatriates seeking holiday and retirement homes.
- Infrastructure plans in 2027: Improvements in transportation and amenities support property appreciation.
- Historical WOZ value trends: Consistent increase indicates rising property values.
Possible improvements
- Adding a swimming pool or hot tub on the rooftop terrace.
- Upgrading kitchen appliances and fixtures for higher appeal.
- Enhancing outdoor space with landscaping or a rooftop garden.
- Installing smart home technology for added convenience.
Description
Discover this beautifully renovated traditional townhouse in the charming village of Mijas, Spain, an ideal investment opportunity with excellent potential for AirBnB rentals. Located on picturesque cobbled streets near popular spots like Bar Niño and Santa Ana Barrio, this modern upper-level home combines classic Andalusian charm with contemporary design. Boasting a spacious 75m² private rooftop solarium, the property offers panoramic views of the sea, mountains, and the iconic white village rooftops, perfect for entertaining or relaxing in style.
This two-bedroom, two-bathroom townhouse features an open-plan, fully fitted kitchen and living area flooded with natural light through skylights and double-glazed windows. The master suite includes a luxurious en-suite with a freestanding bathtub and walk-in double showers, while the second bedroom provides versatile space for guests or a home office. Accessed via a private staircase, the home is ideal for singles, couples, or investors seeking a high-yield holiday rental property in Mijas, Spain.
The expansive rooftop terrace is fully equipped with water and electricity, offering endless possibilities for outdoor living, a rooftop garden, or an outdoor kitchen. Its low-maintenance design makes it perfect as a holiday retreat or a long-term rental investment in the popular Mijas property market.
Experience authentic Spanish village life combined with modern comforts in this exceptional Mijas townhouse, a perfect choice for buyers seeking a desirable property in Spain’s Costa del Sol.
Location
Nightly rates in the area
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