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4
Bedrooms
2
Bathrooms
178 m²
Surface area
€
€2893
Price per m²
House
Property type
+20 photos
Analysis
Price
€515.000
Own investment (30%)
€154.500
30% down payment of purchase price
Buyer costs
€51.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€225,49
Expected occupancy rate
50%
Gross rental p/m
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€0000
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Mortgage costs
-€961,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€148,33
{% trans '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
-€514,40
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€121,94
Municipal taxes for Mijas
Tax
(19%)
-€248,58
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
€225,49
High season
€327
Mid season
€226,75
Low season
€161
Price determining factors
- Proximity to beaches and scenic views: Enhances desirability.
- Luxury amenities and modern design: Attracts premium buyers.
- Location within Mijas: Central or scenic locations command higher prices.
- Market demand for holiday rentals: Can influence property value and rental income.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €241,40 | Casa Tranquila (Quiet House) La Cala de Mijas | 10.6 km |
| €247 | Ayma Ocean View | 10.0 km |
| €212,60 | Modern house with panoramic ocean views in Alya | 11.7 km |
| €210,60 | Lovely townhouse with private pool | 4.3 km |
| €427,60 | Heated pool / Premium Spanish villa / Sea views | 1.6 km |
| €477,43 | Impressive VILLA Dazura in Valtocado. MIJAS | 3.3 km |
| €249,80 | Stylish Villa París - Heated Pool | 4.4 km |
| €291 | Spacious 4-Bedroom Townhouse 3 min from the Beach | 7.4 km |
| €377,40 | Villa Lola with pool, private oasis | 11.9 km |
| €197 | The tropical paradise in Malaga | 12.6 km |
Return & Value appreciation
Annual return
6.17%
5 Year Return
30.85%
10 Year Return
61.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern finishes increase attractiveness and value.
- Local market trends in 2027: Growing demand for luxury properties on Costa del Sol boosts appreciation.
- Property type: High-end homes in desirable locations tend to appreciate faster.
- Economic outlook in 2027: Positive economic growth in Spain and Europe supports real estate appreciation.
- Demographic developments: Increasing number of affluent retirees and expatriates in Mijas enhances demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities will likely boost property values.
- Historical WOZ value trends: Consistent increase in WOZ values indicates rising property worth.
Possible improvements
- Adding a swimming pool or upgrading existing pool features.
- Enhancing outdoor living spaces with additional terraces or landscaping.
- Modernizing kitchen and bathroom fixtures for a more luxurious feel.
- Installing smart home technology for convenience and security.
- Improving energy efficiency with solar panels or better insulation.
Description
Discover luxury living in the enchanting village of Mijas, Spain, with this exclusive new development of 18 high-end homes. Priced from €515,000 to €750,000, these spacious properties feature 4 to 5 bedrooms, 2 to 3 bathrooms, and built areas ranging from 178m2 to 217m2. Nestled on the sunny Costa del Sol, Mijas offers breathtaking panoramic views of the Mediterranean Sea and lush natural landscapes, making it the ideal location for those seeking tranquility and elegance in Spain.
Each Mijas property is meticulously designed to blend modern luxury with natural beauty. Enjoy expansive terraces perfect for outdoor entertaining, fully fitted kitchens, and luxurious bathrooms with premium finishes. These homes provide an exceptional lifestyle where comfort and sophistication converge amid scenic surroundings.
Mijas is renowned for its charming whitewashed streets, rich cultural heritage, and vibrant gastronomy scene. Nature enthusiasts will appreciate the numerous hiking trails, including the famous Senda Litoral route, which showcases stunning coastal landscapes. Conveniently located, Mijas offers excellent public transport links to Malaga University and Malaga Airport, ensuring easy connectivity. Just a 10-minute drive to Los Boliches Beach and Fuengirola Marina, this location provides the perfect balance of leisure and accessibility.
Invest in your dream home in Mijas, Spain, and enjoy a lifestyle filled with natural beauty, cultural richness, and modern comfort. Your ideal property in Mijas awaits—experience the best of the Costa del Sol today.
Location
Nightly rates in the area
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