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3
Bedrooms
2
Bathrooms
151 m²
Surface area
€
€2351
Price per m²
House
Property type
+15 photos
Analysis
Price
€355.000
Own investment (30%)
€106.500
30% down payment of purchase price
Buyer costs
€35.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage costs
-€662,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€125,83
{% 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
-€470,82
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€87,94
Municipal taxes for Mijas
Tax
(19%)
-€277,06
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
€161,24
High season
€203
Mid season
€156,75
Low season
€124
Price determining factors
- Proximity to beaches, amenities, and transport links.
- Community facilities like pools and gardens.
- Property features such as terraces, modern kitchen, and marble floors.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
13.31%
5 Year Return
66.55%
10 Year Return
133.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern features, which supports value retention and growth.
- Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand.
- Property type: Townhouse in a desirable location, appealing to families and investors.
- Economic outlook in 2027: Positive, with Spain's economy expected to recover and grow post-pandemic.
- Demographic developments: Increasing expatriate population and domestic demand for holiday homes.
- Infrastructure plans in 2027: Improvements in transport and amenities likely to enhance property values.
- Historical WOZ value trends: Consistent increase, indicating a stable and appreciating market.
Possible improvements
- Adding a solar energy system to reduce energy costs.
- Upgrading kitchen appliances and fixtures.
- Enhancing outdoor spaces with landscaping or additional terraces.
- Installing smart home technology for added convenience.
Description
Discover this beautifully presented and spacious town house in Mijas, Spain, offering exceptional convenience and modern comforts. Perfectly positioned within walking distance to local amenities, public transport, and the stunning Mijas beaches, this property is an ideal choice for both homeowners and investors seeking a prime Mijas real estate opportunity. The property boasts a desirable east and south-east orientation, ensuring plenty of natural sunlight throughout the day. Situated within a well-maintained gated community, residents enjoy access to lush communal gardens, a swimming pool, and a dedicated children’s play area.
This Mijas town house features three double bedrooms, including a luxurious master suite with a private en suite bathroom and access to a generous terrace with pleasant western views. The second level offers two additional double bedrooms and a family bathroom with a bath and shower. The ground floor welcomes you with an entrance at street level, an inner hallway, and a fully fitted, high-quality kitchen with granite work surfaces, Cata and Teka appliances, and a utility area. The open-plan lounge and dining area, complete with a cozy fireplace, extend to a private rear courtyard—perfect for outdoor dining and entertaining.
Additional features include air conditioning (hot/cold), fitted wardrobes, and elegant marble floors. The property benefits from a first occupancy license, ensuring a smooth purchase process.
Located just five minutes from Fuengirola, 20 minutes from Malaga, and 25 minutes from Marbella, this Mijas property combines seaside living with excellent connectivity. Whether you’re seeking a family home or a smart investment in Mijas real estate, this property offers a unique opportunity in one of Spain’s most sought-after locations.
Location
Nightly rates in the area
Questions? Chat with us!