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House in Mijas, 5 bedrooms, 152 m² €637.000

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Bedrooms

Bathrooms

152 m²

Surface area

€

€4191

Price per m²

House

Property type

House in Mijas, 5 bedrooms, 152 m² - Afbeelding 1

House in Mijas, 5 bedrooms, 152 m² - Afbeelding 2

House in Mijas, 5 bedrooms, 152 m² - Afbeelding 3

+29 photos

Analysis

View Report

Price

€637.000

Own investment (30%)

30% down payment of purchase price

€191.100

Buyer costs

Buyer costs: 10% of purchase price

€63.700

Estimated nightly rate

€609,24

Expected occupancy rate

51%

Gross rental p/m

€0000 Sign in to view

Mortgage costs

This is the monthly interest you pay for the mortgage (3.2% interest)

-€1.189,07

Maintenance costs

Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.

-€126,67

Cleaning costs

Annual cleaning costs: €4500 (€375/month). Based on number of bedrooms.

-€375

Platform fees

15% commission based on average fees from Booking.com and Airbnb

-€1.417,63

Municipal taxes

Municipal taxes for Mijas

-€147,86

Tax (19%)

This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.

-€1.176,98

Cashflow p.m.

Earned back in

Time to earn back own investment + buyer costs.

00months

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Nightly Rates

Estimated nightly rate

€609,24

High season

€1.261

Mid season

€696,58

Low season

€369

Price determining factors

Proximity to beaches and amenities: Highly desirable location.
Property size and layout: Spacious with potential for modernization.
Condition of the property: Needs updating, which can affect current value but offers renovation potential.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

Rate	Hotel / apartment	Distance
€553,60	Beautiful villa with sea view for 14 persons	12.4 km
€388,86	Spacious Modern Villa with heated pool in Marbella	18.2 km
€627,80	VillaSpainExperience with heated pool	12.9 km
€312,20	Hill Villa Higueron Reserve	4.4 km
€844,50	Villa El Altozano	25.3 km
€621,40	Villa Holivista	5.8 km
€1.321,60	5* Beachfront Villa, SAUNA & Infrared, Heated Pool	11.2 km
€1.002	Villa Mananitas with Sea Views and close to Beach	12.3 km
€339	Villa in Torreblanca \| 5 Bedrooms & Heated Pool	4.3 km
€388	Luxury Villa with Panorama View and Heated Pool	25.2 km

Return & Value appreciation

Annual return

23.63%

5 Year Return

118.15%

10 Year Return

236.30%

ROI Distribution

Value development

Factors for value appreciation

Property condition: Modernization can significantly increase value.
Local market trends in 2027: Growing demand for coastal properties in Mijas and Costa del Sol.
Property type: Residential homes near beaches tend to appreciate well.
Economic outlook in 2027: Positive economic growth in Spain and the Eurozone supports property appreciation.
Demographic developments: Increasing population and tourism in Mijas boost demand.
Infrastructure plans in 2027: Planned improvements in transportation and amenities enhance property value.
Historical WOZ value trends: Consistent increase in property values in the region over the past decade.

Possible improvements

Modernize the kitchen and bathrooms.
Upgrade fixtures and fittings for better appeal.
Enhance outdoor spaces with landscaping or patio improvements.
Implement energy-efficient solutions to reduce utility costs.

Description

Discover this charming 5-bedroom property in Mijas, Spain, ideally located just 150 meters from the stunning beaches of Mijas Costa. Perfect for investors or families seeking a prime coastal residence, this home offers spacious living across two floors with a total built area of 152 m² on a manageable 101 m² plot. The ground floor features a bright living and dining area, an open-plan fully equipped kitchen, one bedroom with an en-suite bathroom, a guest toilet, and two inviting patios—ideal for outdoor entertaining. The upper floor hosts four additional bedrooms, including a master with an en-suite bathroom, and a shared bathroom, providing ample space for family and guests. While the property requires modernization, its unbeatable location near Mijas beaches and amenities makes it a valuable investment opportunity in Spain’s vibrant Costa del Sol. With northwest orientation and just a two-minute walk to the beach, this property combines convenience with potential. Don’t miss out on this exceptional chance to own a home in Mijas, Spain—perfect for those seeking seaside living in a thriving community. Contact us today for more details on this rare opportunity to acquire a property in Mijas, Spain.