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3
Bedrooms
2
Bathrooms
170 m²
Surface area
€
€2794
Price per m²
House
Property type
+20 photos
Analysis
Price
€475.000
Own investment (30%)
€142.500
30% down payment of purchase price
Buyer costs
€47.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,14
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage costs
-€886,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€141,67
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
-€470,53
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€113,44
Municipal taxes for Mijas
Tax
(19%)
-€226,33
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
€161,14
High season
€204
Mid season
€156,42
Low season
€124
Price determining factors
- Proximity to amenities and transportation.
- Property size and layout.
- Condition of the property and recent renovations.
- Local demand for family homes.
- Economic stability and growth prospects.
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
6.09%
5 Year Return
30.45%
10 Year Return
60.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, move-in ready condition enhances value.
- Local market trends in 2027: Expected growth in Mijas property market due to tourism and expatriate demand.
- Property type: Semi-detached houses are popular for families, supporting steady appreciation.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone could boost property values.
- Demographic developments: Increasing expatriate and retiree populations in Mijas drive demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities could increase desirability.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovating the kitchen and bathrooms for modern appeal.
- Adding energy-efficient features to reduce utility costs.
- Landscaping the garden and outdoor areas.
- Upgrading insulation and windows for better energy efficiency.
- Enhancing the basement to increase usable space and value.
Description
Discover this charming semi-detached house in Mijas, Spain, offering 171 m² of versatile living space designed for comfort and family life. Perfectly situated in a desirable neighborhood, this property features abundant natural light and thoughtful layout to enhance your daily living experience. The main floor boasts a welcoming front porch ideal for morning sunshine, a spacious living room seamlessly connected to a large, fully equipped kitchen with direct access to a private patio and laundry area. Upstairs, you'll find three bright bedrooms and a modern bathroom, including a master bedroom with access to a private terrace perfect for relaxing in the afternoon sun. The expansive basement serves as the property's standout feature, providing ample space for a garage accommodating over three cars, a fitness area, or a private cinema—offering endless possibilities tailored to your lifestyle. This Mijas home benefits from dual orientation for maximum sunlight exposure, ensuring a bright and cheerful atmosphere throughout the day. Move-in ready with impeccable condition, no renovations are necessary—simply bring your belongings and settle in. Whether you're seeking a family residence or a strategic investment in Mijas, Spain, this property combines space, light, and versatility in a prime location. Don't miss the opportunity to view this exceptional house and experience the comfort and convenience it offers in Mijas, Spain.
Location
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Nightly rates in the area
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