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House in Mijas Costa, 2 bedrooms, 69 m² €380.000

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2
Bedrooms
1
Bathrooms
69 m²
Surface area
€
€5507
Price per m²
House
Property type
House in Mijas Costa, 2 bedrooms, 69 m² - Hoofdafbeelding
House in Mijas Costa, 2 bedrooms, 69 m² - Afbeelding 1
House in Mijas Costa, 2 bedrooms, 69 m² - Afbeelding 2
House in Mijas Costa, 2 bedrooms, 69 m² - Afbeelding 3
+24 photos

Analysis

Price
€380.000
Own investment (30%)
€114.000
Buyer costs
€38.000
Estimated nightly rate
€103,04
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€709,33
Maintenance costs
-€57,50
Cleaning costs
-€291,67
Platform fees
-€319,68
Municipal taxes
-€93,25
Tax (19%)
-€125,36
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€103,04
High season
€138
Mid season
€100,42
Low season
€82

Price determining factors

  • Proximity to beaches and amenities increases desirability.
  • High demand for holiday rentals in Mijas Costa.
  • Limited supply of similar beachfront properties.
  • Strong tourism industry supporting rental income.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

5.63%

5 Year Return

28.15%

10 Year Return

56.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Recently renovated with modern furniture enhances appeal and value.
  • Local market trends in 2027: Growing demand for holiday rentals and property investments in Mijas Costa.
  • Property type: Townhouse in a beachfront resort attracts high rental yields and appreciation.
  • Economic outlook in 2027: Positive economic growth in Spain and tourism sector boosts property values.
  • Demographic developments: Increasing number of retirees and holidaymakers in the region.
  • Infrastructure plans in 2027: Ongoing improvements in transport links and resort amenities.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Adding a private pool or jacuzzi.
  • Upgrading kitchen and bathroom fixtures.
  • Enhancing outdoor living space with additional furniture or landscaping.
  • Installing solar panels for energy efficiency.

Description

Discover this stunning townhouse in Mijas Costa, Spain, perfect for holiday living and lucrative rental investment. Located just steps from the pristine beaches of Mijas Costa, this property offers breathtaking views of the Mediterranean Sea and easy access to world-class resort amenities. The beachfront resort in Mijas Costa features a comprehensive range of facilities, including multiple swimming pools, a kids' club, spas, paddle and tennis courts, and lively dining options with nine bars and restaurants. Plus, guests can enjoy 24-hour reception, concierge services, live entertainment, onsite medical facilities, and convenient transport links, making it an ideal holiday destination or investment opportunity. Recently renovated with a modern furniture and decoration package, this townhouse combines contemporary style with comfort. Its prime location provides proximity to vibrant towns like La Cala de Mijas and Fuengirola, with Marbella just a 20-minute drive and Malaga Airport only 30 minutes away. Whether seeking a holiday retreat or a profitable rental property, this Mijas Costa home offers exceptional potential in the sought-after region of Spain. Experience the allure of the Mediterranean lifestyle with this beautifully situated property in Mijas Costa, Spain.

Location

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