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House in Mijas, 4 bedrooms, 650 m² €895.000

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4
Bedrooms
4
Bathrooms
650 m²
Surface area
€
€1377
Price per m²
House
Property type
House in Mijas, 4 bedrooms, 650 m² - Hoofdafbeelding
House in Mijas, 4 bedrooms, 650 m² - Afbeelding 1
House in Mijas, 4 bedrooms, 650 m² - Afbeelding 2
House in Mijas, 4 bedrooms, 650 m² - Afbeelding 3
+46 photos

Analysis

Price
€895.000
Own investment (30%)
€268.500
Buyer costs
€89.500
Estimated nightly rate
€327,48
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.670,67
Maintenance costs
-€541,67
Cleaning costs
-€375
Platform fees
-€911,42
Municipal taxes
-€170,99
Tax (19%)
-€457,21
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€327,48
High season
€408
Mid season
€315
Low season
€238

Price determining factors

  • Property condition: Good, but could benefit from modernization.
  • Local market trends in 2027: Growth driven by tourism and foreign investment.
  • Property type: Detached house, typically appreciating faster.
  • Economic outlook in 2027: Favorable, supporting property demand.
  • Demographic developments: Growing expat and retiree population.
  • Infrastructure plans in 2027: Upgrades to roads, public transport, and local facilities.
  • Historical WOZ value trends: Consistent appreciation over past years.

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

6.53%

5 Year Return

32.65%

10 Year Return

65.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with potential for upgrades.
  • Local market trends in 2027: Expected growth due to tourism and expat interest.
  • Property type: Independent house, desirable for privacy and space.
  • Economic outlook in 2027: Positive, with steady growth in Spain's economy.
  • Demographic developments: Increasing demand from families and retirees.
  • Infrastructure plans in 2027: Improvements in transportation and amenities in Mijas.
  • Historical WOZ value trends: Steady increase, indicating rising property values.

Possible improvements

  • Renovate interior spaces for modern appeal.
  • Upgrade bathrooms and kitchen.
  • Enhance outdoor areas with landscaping.
  • Add solar panels for energy efficiency.
  • Improve insulation and windows for better energy savings.

Description

Discover this spacious and move-in-ready house for sale in Mijas, Spain, offering a perfect blend of comfort and versatility. Located in the vibrant area of Las Lagunas, this independent property is ideal for families or investors seeking a home close to the beaches of Mijas. The ground floor features a large garage with space for approximately 12 vehicles, providing exceptional parking convenience. The first floor comprises two interconnected levels, each with two bedrooms, a dining area, a living room, and two bathrooms, plus a charming patio — perfect for outdoor relaxation.

Location

Questions? Chat with us!