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6
Bedrooms
5
Bathrooms
320 m²
Surface area
€
€2875
Price per m²
House
Property type
+92 photos
Analysis
Price
€920.000
Own investment (30%)
€276.000
30% down payment of purchase price
Buyer costs
€92.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€572,94
Expected occupancy rate
45%
Gross rental p/m
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€0000
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Mortgage costs
-€1.717,33
This is the monthly interest you pay for the mortgage
(3.2% interest)
Maintenance costs
-€266,67
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/month). Based on number of bedrooms.
Platform fees
-€1.176,32
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€171,70
Municipal taxes for Mijas
Tax
(19%)
-€785,67
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.
Nightly Rates
Estimated nightly rate
€572,94
High season
€808
Mid season
€557
Low season
€339
Price determining factors
- Proximity to beaches and scenic views increase desirability.
- High-quality landscaping and outdoor amenities add value.
- Proximity to amenities, schools, and transportation.
- Property size and layout offer flexibility for different buyers.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| 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
10.92%
5 Year Return
54.60%
10 Year Return
109.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern updates enhances value.
- Local market trends in 2027: Growing demand for luxury properties in Mijas and Costa del Sol.
- Property type: Detached villa with versatile layout appeals to a broad market.
- Economic outlook in 2027: Positive economic growth in Spain and stable tourism industry.
- Demographic developments: Increasing interest from international buyers and retirees.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities boost attractiveness.
- Historical WOZ value trends: Consistent appreciation in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen and bathrooms for modern appeal.
- Enhance outdoor spaces with additional landscaping or features.
- Install energy-efficient systems to reduce running costs.
- Add smart home technology for increased convenience.
Description
Discover this stunning detached villa in Mijas, Spain, offering panoramic sea and mountain views in a highly desirable location. Nestled within a peaceful urbanization, this versatile property spans two floors, functioning as two separate residences, one of which is a licensed holiday rental with a proven income track record. Covering 320 m² on a generous 858 m² plot, the villa features six spacious bedrooms with built-in wardrobes and five modern bathrooms, providing ample space for family living or guest accommodation. The south, east, and west-facing orientation ensures abundant natural light throughout the day, complemented by individual heating for year-round comfort. Step outside to enjoy a beautifully landscaped garden, a refreshing swimming pool, and multiple terraces and balconies with breathtaking views of the Mediterranean coastline and mountains. Parking is convenient with a dedicated space, and additional storage is available in the storeroom. Built in 1970, this well-maintained Mijas villa combines classic charm with modern functionality. Its prime location in Mijas, Spain, makes it an ideal investment opportunity for those seeking a luxurious residence or profitable holiday rental property. Embrace the tranquil lifestyle, spectacular vistas, and strong rental potential of this exceptional Mijas villa—an excellent choice for discerning buyers looking to own a piece of Spain’s sought-after Costa del Sol.
Location
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