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3
Bedrooms
1
Bathrooms
87 m²
Surface area
€
€4483
Price per m²
House
Property type
+24 photos
Analysis
Price
€390.000
Own investment (30%)
€117.000
30% down payment of purchase price
Buyer costs
€39.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€129,40
Expected occupancy rate
59%
Gross rental p/m
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€0000
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Mortgage costs
-€728
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€72,50
{% 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
-€348,33
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€95,38
Municipal taxes for Mijas
Tax
(19%)
-€141,48
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
€129,40
High season
€167
Mid season
€125,08
Low season
€97
Price determining factors
- Proximity to beaches and urban centers.
- Size of land and potential for development.
- Condition of the property and potential renovation costs.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
6.19%
5 Year Return
30.95%
10 Year Return
61.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Renovated rustic house maintains appeal with potential for upgrades.
- Local market trends in 2027: Growing demand for countryside properties near coastlines.
- Property type: Rustic house offers unique charm, appealing to niche buyers.
- Economic outlook in 2027: Stable to positive, supporting property appreciation.
- Demographic developments: Increasing interest from remote workers and retirees.
- Infrastructure plans in 2027: Potential improvements in rural connectivity and amenities.
- Historical WOZ value trends: Generally stable with slight increases, reflecting property value growth.
Possible improvements
- Renovate the private swimming pool to enhance outdoor leisure appeal.
- Upgrade the kitchen and bathroom for modern comfort.
- Improve outdoor landscaping and garden features.
- Add additional structures like rental cabins or a padel court.
- Install energy-efficient systems to reduce utility costs.
Description
Discover this charming renovated rustic house for sale in Mijas, Spain, offering a perfect blend of countryside tranquility and modern comfort. Nestled on a spacious 1,754 m² flat plot, this beautiful property in Mijas provides the ideal escape from city noise while remaining just 20 minutes from the vibrant beaches of La Cala de Mijas and Fuengirola. The fully updated 3-bedroom home features a warm, open-plan kitchen with a dining area and a cozy fireplace, creating a welcoming atmosphere. The large, natural light-filled living room is perfect for relaxation, complemented by a spacious 30 m² entrance porch ideal for outdoor entertaining.
Enjoy the private, built-in swimming pool—ready for renovation—that promises endless leisure possibilities. The flat, rectangular land is perfect for cultivating fruit trees, vegetable gardens, or establishing additional structures such as rental cabins or a padel court. Whether you're seeking a peaceful countryside retreat or an investment opportunity, this Mijas property offers versatile options.
Experience the serenity of rural Spain while staying connected to the bustling coast of Mijas, Spain. Contact us today to explore this unique rustic estate in Mijas and make your dream of owning a countryside home in Spain a reality.
Location
Nightly rates in the area
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