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5
Bedrooms
3
Bathrooms
692 m²
Surface area
€
€2016
Price per m²
House
Property type
+27 photos
Analysis
Price
€1.395.000
Own investment (30%)
€418.500
30% down
payment of purchase price
Buyer costs (10%)
€139.500
10% of purchase price
Estimated nightly rate
€328,97
Expected occupancy rate
45%
Gross rental p/m
Log in to see the annual gross rental income
€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
-€2.604
Maintenance costs
-€576,67
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
-€675,42
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€229,89
Municipal taxes for Mijas
Tax
(19%)
-€7,94
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
€328,97
High season
€458
Mid season
€253,17
Low season
€0
Price determining factors
- Proximity to popular tourist destinations and amenities.
- Size and versatility of the property, including commercial facilities.
- Potential for income generation from rentals and business operations.
- Location in Mijas, a sought-after area on Costa del Sol.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| 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
0.07%
5 Year Return
0.35%
10 Year Return
0.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, which can attract higher rental and resale value.
- Local market trends in 2027: Expected growth in Costa del Sol's real estate market driven by tourism and expatriate influx.
- Property type: Unique combination of residential and commercial property enhances investment appeal.
- Economic outlook in 2027: Positive economic growth in Spain and the EU, supporting property appreciation.
- Demographic developments: Increasing expatriate and retiree population seeking properties in Spain.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities will boost property value.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Renovate and modernize the finca to increase luxury appeal.
- Enhance outdoor spaces with landscaping and additional amenities.
- Upgrade the kennels and cattery facilities for better efficiency and appeal.
- Improve energy efficiency with solar panels or insulation upgrades.
- Expand or improve the vehicle storage area for increased capacity.
Description
Discover a unique opportunity to own a stunning home and thriving business in Mijas, Costa del Sol, Spain. This versatile property features a beautiful 3-4 bedroom finca, a separate one-bedroom static home, and extensive facilities including 550 m² of storage warehouses, 23 well-equipped kennels, a 16-pen cattery, and a spacious vehicle storage area for over 50 vehicles. Set on a large 5,839 m² plot, the property offers privacy, impressive grounds with large terraces, a BBQ area, and multiple access points, making it ideal for both living and running a profitable enterprise. The finca boasts modern amenities, an open-plan living space with high ceilings, a luxurious kitchen, and comfortable bedrooms with en-suite options, all underfloor heated and air-conditioned. The established business, operated by a husband and wife team, includes pet kennels, cattery, and lucrative storage rentals, generating a potential annual income of up to €421,018, with a realistic €150,000+. Located in Mijas, a sought-after area on the Costa del Sol, Spain, this property offers a perfect blend of country tranquility and business opportunity. Whether you seek a peaceful residence or a commercial venture in Spain’s vibrant real estate market, this exceptional finca and business in Mijas is a rare find. Contact us today for a private viewing and explore the possibilities of owning this extraordinary property in Spain.
Location
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