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House in Mijas, 2 bedrooms, 96 m² €340.000

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2
Bedrooms
1
Bathrooms
96 m²
Surface area
€
€3542
Price per m²
House
Property type
House in Mijas, 2 bedrooms, 96 m² - Hoofdafbeelding
House in Mijas, 2 bedrooms, 96 m² - Afbeelding 1
House in Mijas, 2 bedrooms, 96 m² - Afbeelding 2
House in Mijas, 2 bedrooms, 96 m² - Afbeelding 3
+70 photos

Analysis

Price
€340.000
Own investment (30%)
€102.000
Buyer costs
€34.000
Estimated nightly rate
€103,04
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€634,67
Maintenance costs
-€80
Cleaning costs
-€291,67
Platform fees
-€319,68
Municipal taxes
-€84,75
Tax (19%)
-€136,88
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€103,04
High season
€138
Mid season
€100,42
Low season
€82

Price determining factors

  • Location in Mijas with scenic views and amenities.
  • Proximity to beaches, golf courses, and tourist attractions.
  • Community facilities like swimming pool, gardens, and parking.
  • Property features such as private terrace, Jacuzzi, and modern comforts.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

6.87%

5 Year Return

34.35%

10 Year Return

68.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with recent plumbing repairs, which supports steady appreciation.
  • Local market trends in 2027: Expected growth due to increasing demand for holiday homes and expatriate relocations in Mijas.
  • Property type: Townhouse in a desirable community, typically appreciating faster than other types.
  • Economic outlook in 2027: Positive, with Spain's economy expected to recover and grow, boosting real estate values.
  • Demographic developments: Growing expatriate and retiree populations increasing demand for properties.
  • Infrastructure plans in 2027: Planned improvements in transportation and local amenities could enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Adding a modern kitchen or upgrading appliances.
  • Enhancing outdoor space with landscaping or additional features.
  • Installing solar panels for energy efficiency.
  • Renovating bathrooms or bedrooms for increased appeal.

Description

Discover this charming 2-bedroom townhouse in Mijas, Spain, offering stunning panoramic views of the mountains and sea. Nestled in the tranquil and highly desirable Pueblo Valtocado urbanization, this property combines traditional Andalusian charm with modern comforts. The spacious open-plan living area features a cozy fireplace, while the large private terrace is perfect for outdoor living, complete with a Jacuzzi and a sunny patio ideal for enjoying breathtaking sunrises. With two bright bedrooms and two bathrooms—one upstairs and one downstairs—this home provides practical comfort and privacy. The property benefits from double-glazed windows, hot/cold air conditioning in all rooms, and furniture that can be included. Situated in a well-maintained community, residents enjoy access to a large swimming pool, children's play area, and beautifully landscaped gardens, with convenient community parking. Covering 94 m², this townhouse is an excellent option for permanent residence or holiday investment in Mijas, Spain. Although it lacks an LPO, all plumbing issues have been resolved, ensuring a safe and comfortable living environment. Don't miss the opportunity to own a piece of paradise in Mijas—contact us today to schedule a viewing and explore this exceptional property.

Location

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