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4
Bedrooms
2
Bathrooms
136 m²
Surface area
€
€3125
Price per m²
Apartment
Property type
+12 photos
Analysis
Price
€425.000
Own investment (30%)
€127.500
30% down
payment of purchase price
Buyer costs (10%)
€42.500
10% of purchase price
Estimated nightly rate
€229,33
Expected occupancy rate
49%
Gross rental p/m
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€0000
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Mortgage interest rate (%)
Monthly mortgage = interest on the loan + linear repayment per year. Changing the term updates the annual repayment automatically.
Mortgage term (years)
Repayment (per year)
€
Total mortgage costs
-€793,33
Maintenance costs
-€113,33
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
-€512,70
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€102,81
Municipal taxes for Mijas Costa
Tax
(19%)
-€288,95
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.
* Indicative calculation based on a linear mortgage.
Nightly Rates
Estimated nightly rate
€229,33
High season
€268
Mid season
€222,75
Low season
€161
Price determining factors
- Proximity to beaches and golf courses: High desirability increases property value.
- Property size and features: Spacious duplex with sea views and private garden enhances market value.
- Local amenities and lifestyle: Access to leisure, dining, and outdoor activities boosts attractiveness.
- Economic factors: Stable tourism industry and economic growth support property prices.
- Development projects: New infrastructure or commercial developments could further increase value.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €241,40 | Casa Tranquila (Quiet House) La Cala de Mijas | 5.9 km |
| €247 | Ayma Ocean View | 4.5 km |
| €212,60 | Modern house with panoramic ocean views in Alya | 7.9 km |
| €210,60 | Lovely townhouse with private pool | 2.8 km |
| €427,60 | Heated pool / Premium Spanish villa / Sea views | 4.9 km |
| €477,43 | Impressive VILLA Dazura in Valtocado. MIJAS | 6.9 km |
| €249,80 | Stylish Villa París - Heated Pool | 5.7 km |
| €291 | Spacious 4-Bedroom Townhouse 3 min from the Beach | 8.2 km |
| €377,40 | Villa Lola with pool, private oasis | 16.1 km |
| €197 | The tropical paradise in Malaga | 17.9 km |
Return & Value appreciation
Annual return
8.70%
5 Year Return
43.50%
10 Year Return
87.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, likely to attract higher rental yields and appreciation.
- Local market trends in 2027: Growing demand for holiday and permanent residences on Costa del Sol, supporting appreciation.
- Property type: Duplex offers versatile living space and appeal to families and investors.
- Economic outlook in 2027: Expected steady growth in Spain's economy, boosting real estate demand.
- Demographic developments: Increasing expatriate and retiree populations seeking coastal properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Mijas Costa, enhancing property value.
- Historical WOZ value trends: Consistent increase in property values and taxes in the region, indicating appreciation potential.
Possible improvements
- Adding modern smart home features
- Renovating kitchen and bathrooms for contemporary appeal
- Enhancing outdoor spaces with landscaping or additional amenities
- Improving energy efficiency with solar panels or insulation
- Upgrading furniture and decor to increase rental appeal
Risk assessment
Overall risk: Low| Criterion | Level | Score | Explanation |
|---|---|---|---|
| Location quality | Low | 20 | Prime location near beaches and golf courses with high demand. |
| Tenant demand | Low | 25 | Strong demand from holidaymakers and residents. |
| Cash flow stability | Low | 30 | Steady rental income expected due to high occupancy rates. |
Description
Experience the ultimate Mediterranean lifestyle with this stunning duplex for sale in Mijas Costa, Spain. Nestled in a desirable residential community, this spacious 4-bedroom property offers a perfect blend of comfort, style, and accessibility to the beautiful Costa del Sol beaches. The two-level layout features a bright, modern living room with direct access to a private terrace, ideal for relaxing or entertaining. The fully equipped kitchen with high-quality appliances complements the home’s functional design. Outside, enjoy a charming private garden with a barbecue area, outdoor dining space, and a sea-view terrace—perfect for gatherings and unwinding while soaking in the stunning coastal scenery. The sleeping quarters include four double bedrooms with built-in wardrobes, with the master suite boasting an en-suite bathroom and terrace access, and one bedroom enjoying sea views. Additional highlights include two full bathrooms, a guest WC, air conditioning, Wi-Fi, a dedicated workspace, covered private parking, and pet-friendly policies. Located just minutes from renowned beaches such as Playa de Cabopino and Calahonda Beach, as well as prestigious golf courses like Miraflores and Cabopino Golf, this property in Mijas Costa offers unparalleled lifestyle and investment potential. Whether seeking a permanent residence or a lucrative holiday rental, this Mijas Costa home combines tranquility, convenience, and scenic beauty in one exceptional package.
Location
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