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4
Bedrooms
2
Bathrooms
226 m²
Surface area
€
€2562
Price per m²
House
Property type
+32 photos
Analysis
Price
€579.000
Own investment (30%)
€173.700
30% down payment of purchase price
Buyer costs
€57.900
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
-€1.080,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€188,33
{% 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
-€135,54
Municipal taxes for Mijas
Tax
(19%)
-€215,70
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 Mijas Aquapark, schools, shopping districts: High demand area.
- Property size and layout: Spacious with potential for customization.
- Outdoor spaces: Garden and terraces add value.
- Garage capacity: Large garage suitable for multiple vehicles or conversion.
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
4.76%
5 Year Return
23.80%
10 Year Return
47.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, recent updates like new awnings enhance value.
- Local market trends in 2027: Growing demand for properties in Mijas due to tourism and expatriate influx.
- Property type: Townhouse in a desirable area offers steady appreciation.
- Economic outlook in 2027: Positive, with stable growth in Spain and the Costa del Sol region.
- Demographic developments: Increasing expatriate and retiree population boosting demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities could increase property appeal.
- Historical WOZ value trends: Consistent growth in property taxes indicating rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures to modern standards.
- Enhance outdoor spaces with landscaping or additional amenities.
- Renovate basement to create a guest suite or entertainment area.
- Install energy-efficient systems to reduce utility costs.
- Add smart home features for modern convenience.
Description
Discover this charming end-townhouse in Mijas, Spain, nestled in a peaceful and highly sought-after neighborhood. This spacious property offers a perfect blend of comfort and convenience, just a short walk from Mijas Aquapark, local schools, and vibrant shopping districts. The well-maintained garden welcomes you into a bright entry-level living area featuring a generous living room with access to a large terrace, ideal for outdoor entertaining. The ground floor also includes a modern kitchen with direct access to a cozy patio shaded by new awnings, a guest toilet, and a comfortable bedroom. Upstairs, you'll find three spacious bedrooms and a sizable bathroom, providing ample space for family living. The basement boasts a large bathroom, offering versatile use as a guest suite or entertainment area. The spacious garage accommodates three cars and can be transformed into a wine cellar or additional storage. It also includes a utility room, laundry area, and another private patio. This exceptional Mijas property combines tranquility with accessibility, making it an ideal investment or family home. Don't miss the opportunity to own this unique townhouse in Mijas, Spain—an excellent choice for those seeking quality living in a prime location.
Location
Nightly rates in the area
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