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House in Mijas Golf, 3 bedrooms, 136 m² €398.000

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3
Bedrooms
3
Bathrooms
136 m²
Surface area
€
€2926
Price per m²
House
Property type
House in Mijas Golf, 3 bedrooms, 136 m² - Hoofdafbeelding
House in Mijas Golf, 3 bedrooms, 136 m² - Afbeelding 1
House in Mijas Golf, 3 bedrooms, 136 m² - Afbeelding 2
House in Mijas Golf, 3 bedrooms, 136 m² - Afbeelding 3
+21 photos

Analysis

Price
€398.000
Own investment (30%)
€119.400
Buyer costs
€39.800
Estimated nightly rate
€170,39
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€742,93
Maintenance costs
-€113,33
Cleaning costs
-€333,33
Platform fees
-€505,31
Municipal taxes
-€97,08
Tax (19%)
-€299,59
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€170,39
High season
€216
Mid season
€165,67
Low season
€131

Price determining factors

  • Proximity to golf courses and sea views.
  • Quality of local amenities and accessibility.
  • Potential for holiday rentals and tourism appeal.
  • Local property taxes and regulations.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

12.84%

5 Year Return

64.20%

10 Year Return

128.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern updates, which can attract higher rental and resale value.
  • Local market trends in 2027: Expected steady growth in Mijas and surrounding areas due to tourism and expatriate demand.
  • Property type: Townhouse in a desirable golf community, appealing to both residents and investors.
  • Economic outlook in 2027: Moderate economic growth in Spain, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations seeking Mediterranean lifestyle.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Mijas and nearby areas.
  • Historical WOZ value trends: Consistent increase, indicating rising property values and demand.

Possible improvements

  • Renovate bathrooms and kitchen for modern appeal.
  • Enhance outdoor spaces with landscaping or a terrace upgrade.
  • Install energy-efficient windows and insulation.
  • Add smart home features for convenience and security.

Description

Discover this charming Andalusian-style townhouse in Mijas Golf, Spain, offering the perfect blend of traditional charm and modern comfort. Nestled in a tranquil and exclusive community within Mijas Golf, this property stands out with its authentic architecture, high ceilings, and expansive windows that invite abundant natural light. The spacious upper level features three generous bedrooms, two bathrooms, and a versatile attic space, ideal for family living or guest accommodation. On the ground floor, a bright living room with soaring ceilings and large windows opens directly onto a private terrace, perfect for enjoying the Mediterranean climate and outdoor entertaining. The separate kitchen connects seamlessly to a guest bathroom, enhancing convenience. Located just minutes from local amenities, this Mijas Golf property in Spain offers easy access to Fuengirola, La Cala de Mijas, and Malaga Airport, making it an excellent investment for a permanent residence, holiday home, or rental property. Embrace the Mediterranean lifestyle in this idyllic Mijas Golf townhouse, where golf, sea views, and tranquility come together in one exceptional location.

Location

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