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3
Bedrooms
2
Bathrooms
141 m²
Surface area
€
€3901
Price per m²
House
Property type
+60 photos
Analysis
Price
€550.000
Own investment (30%)
€165.000
30% down payment of purchase price
Buyer costs
€55.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,15
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage costs
-€1.026,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€117,50
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
-€470,56
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€129,38
Municipal taxes for Mijas
Tax
(19%)
-€201,33
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
€161,15
High season
€204
Mid season
€156,42
Low season
€124
Price determining factors
- Proximity to beaches and tourist attractions.
- Views of the Mediterranean Sea and natural surroundings.
- Gated community with security and amenities.
- Potential for rental income due to tourist license.
- Property size and layout suitable for holiday rentals or family living.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €260,80 | Andalusian Villa with views, Pool, Garden & BBQ | 4.5 km |
| €185 | Villa La Guirnalda private pool/wifi/barbecue | 6.9 km |
| €164,40 | 3 Bed Accommodation with Pool | 9.5 km |
| €314 | Livita, Space, Above the beach, Cala de mijas | 10.2 km |
| €195,20 | Hacienda el Alamo | 10.3 km |
| €166,20 | Seaview house: Rooftop pool,gameroom, parking|REMS | 11.1 km |
| €92,80 | House Technology Park, luxury for you! | 16.8 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 21.0 km |
| €211,20 | Luxury attached Villa La Biznaga | 21.5 km |
| €226,80 | Bright Classic House Near La Malagueta | REMS | 25.4 km |
Return & Value appreciation
Annual return
4.68%
5 Year Return
23.40%
10 Year Return
46.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained interiors and scenic views enhance desirability.
- Local market trends in 2027: Growing demand for holiday rentals and second homes in Costa del Sol.
- Property type: Townhouse with private terraces and communal amenities appeals to both investors and residents.
- Economic outlook in 2027: Positive economic growth in Spain and increased tourism boost property values.
- Demographic developments: Increasing expatriate and retiree populations seeking scenic and tranquil locations.
- Infrastructure plans in 2027: Improved transport links and local amenities support property appreciation.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Enhance outdoor terraces with furniture and landscaping.
- Install energy-efficient systems to reduce utility costs.
- Modernize bathrooms and interiors for a contemporary look.
- Add smart home features for increased appeal.
Description
Discover this stunning townhouse for sale in Mijas, Spain, offering breathtaking postcard views of the Mediterranean Sea, rolling mountains, and lush green forests. Located in the sought-after Buena Vista urbanization, this south-facing property perfectly captures the essence of Costa del Sol living. Spanning 142 m², this semi-detached villa features a smart three-level layout designed for comfort and convenience. The ground level boasts an integrated garage with direct home access, a spacious entry hall ideal for a home office, and ample storage. The living level showcases an open-plan kitchen, a cozy lounge with a fireplace, and a large 54 m² terrace wrapping around the house—perfect for enjoying breakfast in the sun, afternoon al fresco dining, or spectacular sunset vistas. The top floor offers three bedrooms, each with private terraces, including a primary suite with an en-suite bathroom. Additional highlights include a peaceful pine forest backdrop, secure gated community living, private parking, and well-maintained interiors. This property is a fantastic investment opportunity with a tourist license, allowing for personal use or lucrative rentals. Enjoy outdoor living on expansive terraces, a communal pool, and proximity to transport links. Set in a tranquil hillside neighborhood just outside charming Mijas Pueblo, this property combines natural beauty with practical amenities, making it an ideal choice for those seeking a picturesque home or investment in Mijas, Spain. Don’t miss out on owning a piece of the Costa del Sol’s finest real estate.
Location
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Nightly rates in the area
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