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5
Bedrooms
4
Bathrooms
431 m²
Surface area
€
€3016
Price per m²
House
Property type
+46 photos
Analysis
Price
€1.300.000
Own investment (30%)
€390.000
30% down payment of purchase price
Buyer costs
€130.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€609,24
Expected occupancy rate
51%
Gross rental p/m
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€0000
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Mortgage costs
-€2.426,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€359,17
{% 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
-€1.417,63
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€215,08
Municipal taxes for Mijas
Tax
(19%)
-€884,89
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
€609,24
High season
€1.261
Mid season
€696,58
Low season
€369
Price determining factors
- Property condition: Upgrading can enhance market appeal.
- Local market trends in 2027: Rising property prices in Mijas.
- Property type: Luxury villa with outdoor amenities is highly desirable.
- Economic outlook in 2027: Positive economic growth supports higher property prices.
- Demographic developments: Growing affluent and expatriate communities.
- Infrastructure plans in 2027: New developments and improved connectivity increase property attractiveness.
- Historical WOZ value trends: Increasing property tax assessments reflect appreciation.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €553,60 | Beautiful villa with sea view for 14 persons | 12.4 km |
| €388,86 | Spacious Modern Villa with heated pool in Marbella | 18.2 km |
| €627,80 | VillaSpainExperience with heated pool | 12.9 km |
| €312,20 | Hill Villa Higueron Reserve | 4.4 km |
| €844,50 | Villa El Altozano | 25.3 km |
| €621,40 | Villa Holivista | 5.8 km |
| €1.321,60 | 5* Beachfront Villa, SAUNA & Infrared, Heated Pool | 11.2 km |
| €1.002 | Villa Mananitas with Sea Views and close to Beach | 12.3 km |
| €339 | Villa in Torreblanca | 5 Bedrooms & Heated Pool | 4.3 km |
| €388 | Luxury Villa with Panorama View and Heated Pool | 25.2 km |
Return & Value appreciation
Annual return
11.61%
5 Year Return
58.05%
10 Year Return
116.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Renovation can significantly increase value.
- Local market trends in 2027: Growing demand for luxury properties in Mijas.
- Property type: Villa in a prestigious area attracts high-end buyers.
- Economic outlook in 2027: Stable with potential growth in tourism and real estate sectors.
- Demographic developments: Increasing expatriate and retiree population.
- Infrastructure plans in 2027: Improved transportation and amenities could boost property values.
- Historical WOZ value trends: Consistent appreciation in property taxes indicates rising property values.
Possible improvements
- Complete renovation of interiors to modern standards.
- Upgrade bathrooms and kitchen for luxury appeal.
- Improve outdoor spaces with landscaping and new outdoor furniture.
- Add energy-efficient features to reduce utility costs.
- Modernize the pool area and outdoor entertainment spaces.
Description
Discover a remarkable investment opportunity with this spacious villa in Mijas, Spain, offering immense potential for renovation. Situated on a generous 653 square meter corner plot in the exclusive Dona Ermita area, this property features 5 large bedrooms, 4 bathrooms with luxurious jacuzzis, a basement, garage, private cellar, and ample storage space. The outdoor areas are perfect for enjoying the Mediterranean climate, with terraces, a solarium, a private pool, and a lush garden surrounded by palm trees. An inviting BBQ picnic area makes it ideal for entertaining family and friends.
Located in the peaceful and prestigious Mijas region, this villa provides easy access to a wide range of amenities, including restaurants, shopping malls, pharmacies, and more—all just minutes from your doorstep. While the property requires a comprehensive upgrade, it presents an exceptional opportunity for investors or homeowners to transform this space into their dream residence in Mijas, Spain.
This villa's prime location in Mijas, Spain, combined with its spacious layout and outdoor amenities, makes it a perfect choice for those seeking a private retreat or a lucrative renovation project. Don’t miss out on this unique chance to acquire a property with outstanding potential in one of the most sought-after areas of Mijas, Spain.
Location
Nightly rates in the area
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