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House in Mijas, 3 bedrooms, 150 m² €425.000

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3
Bedrooms
2
Bathrooms
150 m²
Surface area
€
€2833
Price per m²
House
Property type
House in Mijas, 3 bedrooms, 150 m² - Hoofdafbeelding
House in Mijas, 3 bedrooms, 150 m² - Afbeelding 1
House in Mijas, 3 bedrooms, 150 m² - Afbeelding 2
House in Mijas, 3 bedrooms, 150 m² - Afbeelding 3
+33 photos

Analysis

Price
€425.000
Own investment (30%)
€127.500
Buyer costs
€42.500
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€793,33
Maintenance costs
-€125
Cleaning costs
-€333,33
Platform fees
-€470,82
Municipal taxes
-€102,81
Tax (19%)
-€249,57
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€161,24
High season
€203
Mid season
€156,75
Low season
€124

Price determining factors

  • Growing demand for holiday and residential properties in Mijas and surrounding areas.
  • Increasing popularity of eco-friendly and energy-efficient homes.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

10.01%

5 Year Return

50.05%

10 Year Return

100.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with recent eco upgrades like solar panels, which can enhance value.

Possible improvements

  • Renovate interior spaces to modern standards to increase appeal.
  • Upgrade kitchen and bathrooms for higher market value.
  • Enhance outdoor spaces with landscaping or additional amenities.

Description

Discover this charming Mijas townhouse for sale in Spain, nestled in the tranquil and verdant community of La Casita Colorada within Hacienda de Mijas. Ideal for families, couples, and investors, this property offers a unique blend of traditional Andalusian charm and great potential for renovation. Featuring approximately 115 m² of living space across two floors, complemented by a private 35 m² rooftop terrace with stunning views of the Sierra de Mijas, this home is perfectly positioned in one of the most sought-after areas near Mijas Pueblo and Fuengirola. The property includes a spacious basement garage, an open-plan kitchen, a cozy lounge with a fireplace, and a lush private patio with a built-in barbecue—perfect for outdoor living. Recent eco-friendly upgrades include solar panels for hot water, enhancing energy efficiency. Its prime location offers easy access to essential services, a bus stop just meters away, and proximity to the Hotel Ilunion Hacienda de Mijas. Whether you’re seeking a family-friendly home, a renovation project, or an investment opportunity in Mijas, Spain, this property’s solid foundation and peaceful surroundings make it a compelling choice. Embrace the potential of this beautiful townhouse and enjoy the relaxed lifestyle, natural beauty, and excellent connectivity that Mijas offers.

Location

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