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3
Bedrooms
3
Bathrooms
125 m²
Surface area
€
€3560
Price per m²
House
Property type
+8 photos
Analysis
Price
€445.000
Own investment (30%)
€133.500
30% down payment of purchase price
Buyer costs
€44.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€170,74
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€830,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€104,17
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€514,14
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€107,06
Municipal taxes for Mijas
Tax
(19%)
-€292,27
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
€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
Nightly rates in the area
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