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6
Bedrooms
6
Bathrooms
1025 m²
Surface area
€
€2780
Price per m²
House
Property type
+20 photos
Analysis
Price
€2.850.000
Own investment (30%)
€855.000
30% down payment of purchase price
Buyer costs
€285.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€700,27
Expected occupancy rate
40%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€5.320
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€854,17
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
-€1.277,99
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€456,62
Municipal taxes for Mijas
Tax
(19%)
-€44,87
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
€700,27
High season
€960
Mid season
€666,75
Low season
€446
Price determining factors
- Property condition: Upgrades and renovations can significantly increase market value.
- Local market trends in 2027: Rising property prices driven by tourism and luxury market growth.
- Property type: Unique historic estate commands premium pricing.
- Economic outlook in 2027: Economic stability and growth support higher property prices.
- Demographic developments: Growth in high-net-worth individuals increases demand.
- Infrastructure plans in 2027: Enhanced accessibility and amenities can boost prices.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €942,80 | 6 Bedroom luxury villa with infinity heated pool | 7.4 km |
| €496,80 | Luxury Villa: Heated Pool & Sea Views, Near Beach | 9.5 km |
| €1.399 | Bali-Style Villa/Sea Views, Heated Pool, Sleeps 15 | 1.9 km |
| €450 | VILLA JIMENA by Mabiente | 12.1 km |
| €376,60 | Villa with ocean views, pool for 14 people | 1.6 km |
| €262,86 | Andalusian family villa | Heated pool | Sleeps 12 | 6.1 km |
| €687,80 | Homeclub | NEW! Private Pool Villa in Guadalmar | 17.8 km |
| €525 | Villa María Teresa Mar y Ciudad | 25.2 km |
| €494 | Nogali - Private heated pool-BBQ-sea view-parking | 4.4 km |
| €329,80 | Huge Andalusian-style villa with pool and barbecue | 10.2 km |
Return & Value appreciation
Annual return
0.20%
5 Year Return
1.00%
10 Year Return
2.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained historic charm combined with modern upgrades can enhance ROI.
- Local market trends in 2027: Growing demand for luxury and heritage properties in Mijas and surrounding areas.
- Property type: Unique estate with potential for boutique hotel or luxury residence increases attractiveness.
- Economic outlook in 2027: Positive economic growth in Spain and tourism sector boosts property values.
- Demographic developments: Increasing affluent expatriates and retirees seeking luxury homes.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities can elevate property value.
- Historical WOZ value trends: Consistent appreciation in property taxes indicates rising property values.
Possible improvements
- Renovate and modernize the kitchen and bathrooms.
- Enhance outdoor living spaces and gardens.
- Add luxury amenities such as a spa or gym.
- Improve energy efficiency and sustainability features.
- Restore or preserve historic elements to maintain charm.
Description
Discover an exceptional property for sale in Mijas, Spain, offering a unique blend of historic charm and modern luxury. This remarkable estate in Mijas Pueblo was once renowned as one of Malaga's top restaurants, featuring a spacious, fully equipped kitchen and capacity for over 300 guests — perfect for hospitality entrepreneurs or those seeking a stunning event venue. Situated on a generous plot, the property includes multiple buildings, a comfortable living area, and a private swimming pool surrounded by lush gardens. From this prime location in Mijas, you can enjoy breathtaking 360-degree panoramic views of the Mijas mountains, the charming town, the shimmering Mediterranean Sea, and the entire coast, even offering a glimpse of Africa on clear days. This iconic property in Mijas, Spain, embodies tradition and history, making it a once-in-a-lifetime opportunity for investors or those looking to live in a dreamlike setting. Whether you want to create a boutique hotel, a private retreat, or a luxurious residence, this Mijas property provides endless potential. Don’t miss the chance to own a piece of Mijas’s rich heritage and stunning scenery — contact us today to arrange a viewing and explore this extraordinary opportunity in Mijas, Spain.
Location
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Nightly rates in the area
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