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House in Mijas, 3 bedrooms, 125 m² €445.000

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3
Bedrooms
3
Bathrooms
125 m²
Surface area
€
€3560
Price per m²
House
Property type
House in Mijas, 3 bedrooms, 125 m² - Hoofdafbeelding
House in Mijas, 3 bedrooms, 125 m² - Afbeelding 1
House in Mijas, 3 bedrooms, 125 m² - Afbeelding 2
House in Mijas, 3 bedrooms, 125 m² - Afbeelding 3
+8 photos

Analysis

Price
€445.000
Own investment (30%)
€133.500
Buyer costs
€44.500
Estimated nightly rate
€170,74
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€830,67
Maintenance costs
-€104,17
Cleaning costs
-€333,33
Platform fees
-€514,14
Municipal taxes
-€107,06
Tax (19%)
-€292,27
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€170,74
High season
€216
Mid season
€166,50
Low season
€140

Price determining factors

  • Proximity to beaches, airports, and urban centers increases desirability.
  • High-quality communal amenities enhance lifestyle appeal.
  • Modern design and features attract premium buyers.
  • Natural surroundings and outdoor spaces add value.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

11.20%

5 Year Return

56.00%

10 Year Return

112.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The modern, well-maintained condition of the property enhances its value and rental appeal.
  • Local market trends in 2027: The Costa del Sol region is expected to continue its strong growth due to tourism and expatriate influx.
  • Property type: The semi-detached homes with communal amenities are highly desirable for lifestyle buyers and investors.
  • Economic outlook in 2027: Spain's economy is projected to recover steadily, supporting property appreciation.
  • Demographic developments: Increasing expatriate and retiree populations in Mijas will sustain demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities will boost property values.
  • Historical WOZ value trends: Consistent increases in property taxes reflect rising property values.

Possible improvements

  • Adding solar panels to reduce energy costs.
  • Upgrading kitchen and bathroom fixtures for a more luxurious feel.
  • Enhancing outdoor spaces with landscaping or a private terrace.
  • Installing smart home technology for added convenience.

Description

Discover modern living in this new development in Mijas, Spain, offering spacious 3-bedroom homes with private gardens, fully equipped kitchens, and top-tier communal amenities. Located in the heart of the Costa del Sol, Mijas is renowned for its blend of traditional Andalusian charm and contemporary convenience, making these homes ideal for both lifestyle buyers and investors seeking property in Spain. Each semi-detached residence ranges between 130m² and 132m², featuring en-suite bathrooms, double glazing, and modern open-plan kitchens designed for comfort and style. Residents enjoy access to private and communal gardens, covered terraces, and multiple private parking spaces. The community boasts a state-of-the-art gym, swimming pools with relaxing chill-out zones, a social club, and a dedicated co-working space—perfect for a balanced lifestyle in Spain. Climate control with both warm and cold air conditioning ensures year-round comfort, while security is enhanced with an intercom system. Situated just minutes from beautiful beaches, Málaga Airport, and the vibrant Costa del Sol coastline, this Mijas property offers unparalleled access to leisure, shopping, and transport. Surrounded by lush Mediterranean forests and a short drive to the Costa del Sol Park, this development combines natural beauty with urban convenience. Mijas’s rich cultural heritage, combined with its modern amenities, makes it a prime location for second homes, investment properties, or permanent residence in Spain. With excellent infrastructure, a thriving property market, and year-round sunshine, investing in this Mijas property provides both a luxurious lifestyle and strong rental potential in Spain’s most sought-after region.

Location

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