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House in Mijas Costa, 3 bedrooms, 158 m² €789.000

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3
Bedrooms
2
Bathrooms
158 m²
Surface area
€4994
Price per m²
House
Property type
House in Mijas Costa, 3 bedrooms, 158 m² - Hoofdafbeelding
House in Mijas Costa, 3 bedrooms, 158 m² - Afbeelding 1
House in Mijas Costa, 3 bedrooms, 158 m² - Afbeelding 2
House in Mijas Costa, 3 bedrooms, 158 m² - Afbeelding 3
+33 photos

Analysis

View Report
Price
€789.000
Own investment (30%)
€236.700
Buyer costs
€78.900
Estimated nightly rate
€161,15
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€1.472,80
Maintenance costs
-€131,67
Cleaning costs
-€333,33
Platform fees
-€470,56
Municipal taxes
-€162,84
Tax (19%)
-€107,51
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€161,15
High season
€204
Mid season
€156,42
Low season
€124

Price determining factors

  • Property condition: Modern renovations and premium finishes increase market value.
  • Local market trends in 2027: Rising demand for luxury properties in coastal Spain.
  • Property type: Detached villas generally command higher prices and appreciation.
  • Economic outlook in 2027: Stable economic environment supports property investment.
  • Demographic developments: Growth in affluent and retiring populations increases demand.
  • Infrastructure plans in 2027: Better connectivity and amenities enhance desirability.

Comparable accommodations

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

Rate Hotel / apartment Distance
€260,80 Andalusian Villa with views, Pool, Garden & BBQ 1.4 km
€185 Villa La Guirnalda private pool/wifi/barbecue 12.7 km
€164,40 3 Bed Accommodation with Pool 3.7 km
€314 Livita, Space, Above the beach, Cala de mijas 4.9 km
€195,20 Hacienda el Alamo 12.9 km
€166,20 Seaview house: Rooftop pool,gameroom, parking|REMS 12.8 km
€378,33 Casa Calma ǀ Private Pool ǀ Close to Beach + Golf 19.6 km
€211,20 Luxury attached Villa La Biznaga 25.1 km
€226,80 Bright Classic House Near La Malagueta | REMS 28.9 km
€217 Fabulous Villa,private pool, stunning views,Malaga 15.4 km

Return & Value appreciation

Annual return

1.74%

5 Year Return

8.70%

10 Year Return

17.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Recently renovated with high-quality materials, which enhances value and appeal.
  • Local market trends in 2027: Expected growth in demand for luxury villas in Mijas Costa due to popularity among expatriates and tourists.
  • Property type: Detached villa in a desirable area, typically appreciating faster than apartments.
  • Economic outlook in 2027: Moderate growth expected in Spain, supporting property appreciation.
  • Demographic developments: Increasing expatriate and retiree population seeking holiday and permanent homes.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Mijas Costa, boosting property values.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Adding solar panels for energy efficiency.
  • Upgrading outdoor spaces with landscaping and additional features.
  • Modernizing kitchen and bathrooms further to increase luxury appeal.
  • Installing smart home technology for convenience and security.
  • Enhancing outdoor entertainment areas to attract premium renters or buyers.

Description

Discover this stunning detached villa in Mijas Costa, Spain, offering a perfect blend of spaciousness, modern design, and elegant finishes. Situated on a 295 m² plot in the peaceful El Faro area, this property provides a bright, functional layout ideal for year-round indoor and outdoor living. Recently renovated with high-quality materials, the villa features a contemporary aesthetic and premium details throughout. The main level boasts a spacious living-dining area with direct access to terraces and a private saltwater pool, perfect for relaxation and entertaining. The modern, fully-equipped independent kitchen ensures privacy from social spaces. Additional amenities include a guest toilet, an exterior-access bathroom for pool guests, an independent laundry room, and a versatile cellar that can be transformed into a fourth bedroom. Upstairs, three luminous bedrooms with built-in wardrobes share a stylish full bathroom, with the master suite featuring a private terrace with scenic views. The expansive garage accommodates up to four vehicles and offers extra space for a gym, storage, or workspace. Multiple terraces and a private pool enhance the outdoor living experience, creating a tranquil retreat close to Mijas Costa’s beautiful beaches. Key features include automatic security shutters, centralised air conditioning, a saltwater pool system, a large water tank, and pre-installation for solar panels. This Mijas Costa property combines comfort, style, and sustainability, making it an ideal investment or family home in the sought-after residential area of Spain.

Location

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