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4
Bedrooms
3
Bathrooms
145 m²
Surface area
€
€4131
Price per m²
House
Property type
+30 photos
Analysis
Price
€599.000
Own investment (30%)
€179.700
30% down payment of purchase price
Buyer costs
€59.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€282,58
Expected occupancy rate
62%
Gross rental p/m
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€0000
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Mortgage costs
-€1.118,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€120,83
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
-€799,35
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€139,79
Municipal taxes for Riviera del Sol
Tax
(19%)
-€527,42
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
€282,58
High season
€347
Mid season
€274,17
Low season
€222
Price determining factors
- Proximity to beaches, golf courses, and urban centers increases desirability.
- High-quality amenities and modern features attract premium buyers.
- Gated community status adds exclusivity and security, boosting value.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €241,40 | Casa Tranquila (Quiet House) La Cala de Mijas | 2.8 km |
| €247 | Ayma Ocean View | 4.8 km |
| €212,60 | Modern house with panoramic ocean views in Alya | 2.3 km |
| €210,60 | Lovely townhouse with private pool | 11.5 km |
| €427,60 | Heated pool / Premium Spanish villa / Sea views | 11.7 km |
| €477,43 | Impressive VILLA Dazura in Valtocado. MIJAS | 12.2 km |
| €249,80 | Stylish Villa París - Heated Pool | 14.4 km |
| €291 | Spacious 4-Bedroom Townhouse 3 min from the Beach | 16.8 km |
| €377,40 | Villa Lola with pool, private oasis | 24.6 km |
| €296 | Calahonda, Villa La Palma | 1.6 km |
Return & Value appreciation
Annual return
11.26%
5 Year Return
56.30%
10 Year Return
112.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property appears modern and well-maintained, which supports value retention and appreciation.
- Local market trends in 2027: The Costa del Sol region has shown consistent growth driven by tourism and expatriate demand.
- Property type: A luxury, gated community residence typically appreciates well due to exclusivity and amenities.
- Economic outlook in 2027: Spain's economy is expected to recover steadily post-pandemic, boosting real estate demand.
- Demographic developments: Increasing expatriate and retiree populations in the region support long-term demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities enhance property values.
- Historical WOZ value trends: Past trends indicate steady appreciation aligned with regional growth.
Possible improvements
- Adding a swimming pool or upgrading the garden.
- Modernizing kitchen and bathrooms for increased appeal.
- Enhancing outdoor living spaces or adding a terrace.
Description
Discover this stunning 4-bedroom property for sale in Riviera del Sol, Spain, situated within an exclusive gated residential complex in Mijas. This spacious home offers beautifully designed living spaces spread across two levels, featuring breathtaking views of the Mediterranean Sea. The private garden provides the perfect outdoor retreat to enjoy the warm Costa del Sol climate. Crafted with quality and comfort in mind, the property includes modern amenities such as an aerothermal system and two parking spaces. The community amenities enhance the living experience, with a swimming pool, fully equipped gym, co-working area, lush landscaped gardens, and a children's play zone, all ensuring a secure and tranquil environment. Located in Riviera del Sol, this property benefits from excellent access to highways, pristine beaches, international schools, fine dining, golf courses, and lively towns like La Cala de Mijas and Calahonda. The vibrant coastline offers trendy beach bars, lively water sports, and upscale beach clubs, making it an ideal location for both relaxation and entertainment. Whether you’re seeking a permanent residence or a lucrative investment, this 4-bedroom home in Riviera del Sol, Spain, combines luxury, convenience, and coastal charm, providing a perfect haven on the Costa del Sol.
Location
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Nightly rates in the area
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