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House in Mijas, 6 bedrooms, 1025 m² €2.850.000

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Bedrooms

Bathrooms

1025 m²

Surface area

€

€2780

Price per m²

House

Property type

House in Mijas, 6 bedrooms, 1025 m² - Afbeelding 1

House in Mijas, 6 bedrooms, 1025 m² - Afbeelding 2

House in Mijas, 6 bedrooms, 1025 m² - Afbeelding 3

+20 photos

Analysis

View Report

Price

€2.850.000

Own investment (30%)

30% down payment of purchase price

€855.000

Buyer costs

Buyer costs: 10% of purchase price

€285.000

Estimated nightly rate

€700,27

Expected occupancy rate

40%

Gross rental p/m

€0000 Sign in to view

Mortgage costs

This is the monthly interest you pay for the mortgage(3.2%interest)

-€5.320

Maintenance costs

Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.

-€854,17

Cleaning costs

Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.

-€375

Platform fees

15% commission based on average fees from Booking.com and Airbnb

-€1.277,99

Municipal taxes

Municipal taxes for Mijas

-€456,62

Tax (19%)

This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.

-€44,87

Cashflow p.m.

Earned back in

Time to earn back own investment + buyer costs.

00months

Contact agent

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Nightly Rates

Estimated nightly rate

€700,27

High season

€960

Mid season

€666,75

Low season

€446

Price determining factors

Property condition: Upgrades and renovations can significantly increase market value.
Local market trends in 2027: Rising property prices driven by tourism and luxury market growth.
Property type: Unique historic estate commands premium pricing.
Economic outlook in 2027: Economic stability and growth support higher property prices.
Demographic developments: Growth in high-net-worth individuals increases demand.
Infrastructure plans in 2027: Enhanced accessibility and amenities can boost prices.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

Rate	Hotel / apartment	Distance
€942,80	6 Bedroom luxury villa with infinity heated pool	7.4 km
€496,80	Luxury Villa: Heated Pool & Sea Views, Near Beach	9.5 km
€1.399	Bali-Style Villa/Sea Views, Heated Pool, Sleeps 15	1.9 km
€450	VILLA JIMENA by Mabiente	12.1 km
€376,60	Villa with ocean views, pool for 14 people	1.6 km
€262,86	Andalusian family villa \| Heated pool \| Sleeps 12	6.1 km
€687,80	Homeclub \| NEW! Private Pool Villa in Guadalmar	17.8 km
€525	Villa María Teresa Mar y Ciudad	25.2 km
€494	Nogali - Private heated pool-BBQ-sea view-parking	4.4 km
€329,80	Huge Andalusian-style villa with pool and barbecue	10.2 km

Return & Value appreciation

Annual return

0.20%

5 Year Return

1.00%

10 Year Return

2.00%

ROI Distribution

Value development

Factors for value appreciation

Property condition: Well-maintained historic charm combined with modern upgrades can enhance ROI.
Local market trends in 2027: Growing demand for luxury and heritage properties in Mijas and surrounding areas.
Property type: Unique estate with potential for boutique hotel or luxury residence increases attractiveness.
Economic outlook in 2027: Positive economic growth in Spain and tourism sector boosts property values.
Demographic developments: Increasing affluent expatriates and retirees seeking luxury homes.
Infrastructure plans in 2027: Planned improvements in transportation and amenities can elevate property value.
Historical WOZ value trends: Consistent appreciation in property taxes indicates rising property values.

Possible improvements

Renovate and modernize the kitchen and bathrooms.
Enhance outdoor living spaces and gardens.
Add luxury amenities such as a spa or gym.
Improve energy efficiency and sustainability features.
Restore or preserve historic elements to maintain charm.

Description

Discover an exceptional property for sale in Mijas, Spain, offering a unique blend of historic charm and modern luxury. This remarkable estate in Mijas Pueblo was once renowned as one of Malaga's top restaurants, featuring a spacious, fully equipped kitchen and capacity for over 300 guests — perfect for hospitality entrepreneurs or those seeking a stunning event venue. Situated on a generous plot, the property includes multiple buildings, a comfortable living area, and a private swimming pool surrounded by lush gardens. From this prime location in Mijas, you can enjoy breathtaking 360-degree panoramic views of the Mijas mountains, the charming town, the shimmering Mediterranean Sea, and the entire coast, even offering a glimpse of Africa on clear days. This iconic property in Mijas, Spain, embodies tradition and history, making it a once-in-a-lifetime opportunity for investors or those looking to live in a dreamlike setting. Whether you want to create a boutique hotel, a private retreat, or a luxurious residence, this Mijas property provides endless potential. Don’t miss the chance to own a piece of Mijas’s rich heritage and stunning scenery — contact us today to arrange a viewing and explore this extraordinary opportunity in Mijas, Spain.