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5
Bedrooms
3
Bathrooms
440 m²
Surface area
€
€1477
Price per m²
House
Property type
+81 photos
Analysis
Price
€650.000
Own investment (30%)
€195.000
30% down payment of purchase price
Buyer costs
€65.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€328,97
Expected occupancy rate
45%
Gross rental p/m
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€0000
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Mortgage costs
-€1.213,33
This is the monthly interest you pay for the mortgage
(3.2% interest)
Maintenance costs
-€366,67
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
-€150,62
Municipal taxes for Mijas
Tax
(19%)
-€327,13
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.
Nightly Rates
Estimated nightly rate
€328,97
High season
€458
Mid season
€253,17
Low season
€0
Price determining factors
- Property condition: Up-to-date and attractive, maintaining high market value.
- Local market trends in 2027: Strong demand for luxury rural estates and holiday homes.
- Property type: Unique estate with development potential, increasing desirability.
- Economic outlook in 2027: Favorable economic conditions boosting real estate investments.
- Demographic developments: Increased interest from international buyers and retirees.
- Infrastructure plans in 2027: Enhanced accessibility and amenities boosting property attractiveness.
- Historical WOZ value trends: Rising trend indicating increasing property worth.
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
6.44%
5 Year Return
32.20%
10 Year Return
64.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, which supports steady appreciation.
- Local market trends in 2027: Expected growth due to increasing demand for rural and sea-view properties in Costa del Sol.
- Property type: Unique country estate with potential for expansion and development, appealing to a niche market.
- Economic outlook in 2027: Positive, with tourism and expatriate influx supporting property values.
- Demographic developments: Growing expatriate community and retirees seeking tranquil lifestyles.
- Infrastructure plans in 2027: Improvements in road connectivity and local amenities could enhance property appeal.
- Historical WOZ value trends: Consistent increase reflecting rising property values in the region.
Possible improvements
- Renovate the second house to modern standards.
- Expand the existing garage for additional guest accommodation.
- Improve landscaping and outdoor amenities for enhanced appeal.
- Install solar panels or energy-efficient systems to increase sustainability.
- Upgrade kitchen and bathrooms to contemporary designs.
Description
Discover a stunning country estate in Mijas, Spain, offering two independent houses with breathtaking sea views and complete privacy. Located just minutes from the A-7 motorway, this property provides excellent accessibility to the vibrant town of Fuengirola, Málaga International Airport, and the beautiful beaches of Costa del Sol. Set on a spacious 3,500 m² plot, the estate features lush landscaped gardens, fruit trees, a greenhouse, chicken coop, and multiple terraces with panoramic views of the Mijas mountains and distant sea horizons. The main house boasts a cozy living-dining area with a fireplace, an open-plan kitchen, a spacious bedroom with a walk-in wardrobe, a full bathroom, a private terrace, and a refreshing swimming pool. The second house offers four bedrooms, including one en-suite, a bright independent kitchen, a large living-dining room opening onto a 30 m² terrace, and a 90 m² solarium with spectacular views—ideal for relaxing or entertaining. Additionally, a large garage presents potential for conversion into a third residence or guest accommodation. This unique country estate in Mijas, Spain, combines tranquility, space, and development potential, making it perfect for a main residence, holiday retreat, or investment opportunity in the Costa del Sol countryside.
Location
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