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5
Bedrooms
4
Bathrooms
586 m²
Surface area
€
€5102
Price per m²
House
Property type
+15 photos
Analysis
Price
€2.990.000
Own investment (30%)
€897.000
30% down payment of purchase price
Buyer costs
€299.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€609,24
Expected occupancy rate
51%
Gross rental p/m
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€0000
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Mortgage costs
-€5.581,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€488,33
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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€1.417,63
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€478,44
Municipal taxes for Mijas
Tax
(19%)
-€210,92
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
€609,24
High season
€1.261
Mid season
€696,58
Low season
€369
Price determining factors
- Location in Mijas on Costa del Sol: Prime coastal area.
- Views and amenities: Panoramic Mediterranean views and private pool.
- Property size and luxury features: Spacious with modern design.
Comparable accommodations
| 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
0.90%
5 Year Return
4.50%
10 Year Return
9.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern design enhances value.
- Local market trends in 2027: Expected growth in luxury property demand on Costa del Sol.
- Property type: High-end villa attracts affluent buyers.
- Economic outlook in 2027: Positive economic growth in Spain supports real estate appreciation.
- Demographic developments: Increasing number of wealthy expatriates and retirees.
- Infrastructure plans in 2027: Improved transportation and amenities boost desirability.
- Historical WOZ value trends: Consistent increase indicating rising property values.
Possible improvements
- Adding smart home technology.
- Upgrading landscaping and outdoor living spaces.
- Installing energy-efficient systems to reduce costs.
- Renovating interiors to contemporary standards.
Description
Experience unparalleled luxury living with this stunning new development in Mijas, Spain. Priced from €2,990,000, this contemporary villa offers five spacious bedrooms and four modern bathrooms, perfect for families seeking comfort and style. Spanning 586 square meters, the property features an expansive terrace with a private pool, providing breathtaking panoramic views of the Mediterranean and surrounding nature. Situated in an exclusive enclave on the Costa del Sol, this Mijas villa seamlessly combines elegant design with natural beauty, making it an ideal investment for those looking to own a piece of Spain's most sought-after coastal area. Discover the perfect blend of luxury, tranquility, and spectacular scenery in this exceptional Mijas property — your dream home on the Costa del Sol awaits.
Location
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Nightly rates in the area
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