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3
Bedrooms
2
Bathrooms
93 m²
Surface area
€
€4086
Price per m²
House
Property type
+33 photos
Analysis
Price
€380.000
Own investment (30%)
€114.000
30% down payment of purchase price
Buyer costs
€38.000
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
-€709,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€77,50
{% 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
-€470,82
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€93,25
Municipal taxes for Mijas
Tax
(19%)
-€276,37
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
- Historical WOZ value trends: Consistent increase indicating rising property values.
- Proximity to beaches, golf courses, and towns: Enhances desirability and price appreciation.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
12.40%
5 Year Return
62.00%
10 Year Return
124.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value retention and growth.
- Local market trends in 2027: Expected to be positive due to increasing demand for coastal properties in Spain.
- Property type: Townhouse in a desirable area, appealing to both residents and investors.
- Economic outlook in 2027: Favorable, with steady growth in Spain's economy and tourism sector.
- Demographic developments: Growing expatriate and retiree populations seeking coastal living.
- Infrastructure plans in 2027: Improvements in transportation and local amenities likely to enhance property values.
Possible improvements
- Adding a swimming pool or upgrading outdoor terraces.
- Modernizing the kitchen and bathrooms further.
- Enhancing energy efficiency with solar panels or better insulation.
- Improving landscaping and outdoor lighting.
Description
Discover this beautifully renovated townhouse for sale in Mijas, Spain, offering spectacular panoramic sea and mountain views. Located in the tranquil residential area of Campo Mijas, this charming property combines modern comforts with traditional Andalusian charm. Spanning three spacious floors, the townhouse features three bright bedrooms, two stylish bathrooms, and a fully fitted modern kitchen with an option to open to the living-dining area. Enjoy outdoor living on terraces at every level, including a private solarium with breathtaking vistas and a BBQ terrace perfect for entertaining. Additional highlights include double-glazed windows, air conditioning, a cozy fireplace, and secure entry phone access. Situated just five minutes from the vibrant town of Mijas, residents benefit from a peaceful setting with community amenities such as a swimming pool and lush gardens, with water charges included in the community fees. Ideal for those seeking a serene lifestyle close to Costa del Sol’s beaches, golf courses, and lively towns like Fuengirola, Marbella, and Málaga, this property offers the perfect blend of tranquility and accessibility. Fully furnished and move-in ready, this Mijas townhouse presents an excellent investment opportunity in one of Spain’s most desirable coastal locations.
Location
Nightly rates in the area
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