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5
Bedrooms
5
Bathrooms
802 m²
Surface area
€
€3678
Price per m²
House
Property type
+23 photos
Analysis
Price
€2.950.000
Own investment (30%)
€885.000
30% down payment of purchase price
Buyer costs
€295.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€632,56
Expected occupancy rate
52%
Gross rental p/m
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€0000
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Mortgage costs
-€5.506,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€668,33
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
-€1.500,75
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€472,21
Municipal taxes for Mijas
Tax
(19%)
-€281,59
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
€632,56
High season
€818
Mid season
€633,08
Low season
€458
Price determining factors
- Proximity to Malaga, Marbella, and Fuengirola beaches increases desirability.
- Exclusive location with panoramic views enhances prestige and value.
- Lack of community fees reduces ongoing costs, appealing to buyers.
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
1.22%
5 Year Return
6.10%
10 Year Return
12.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent price reduction indicates strong potential for appreciation.
- Local market trends in 2027: Expected growth in luxury real estate market driven by tourism and expatriate demand.
- Property type: Luxury mansion in high-demand area enhances value appreciation.
- Economic outlook in 2027: Positive economic growth in Spain and Europe supports property value increases.
- Demographic developments: Increasing affluent population and expatriates in Costa del Sol boost demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities will likely increase property values.
- Historical WOZ value trends: Consistent increase in property taxes reflects rising property values.
Possible improvements
- Adding solar panels to increase energy efficiency.
- Upgrading outdoor amenities like terraces and pool area.
- Modernizing interior decor to appeal to contemporary tastes.
- Enhancing smart home features for added convenience.
Description
Discover the epitome of luxury living with this spectacular mansion in Mijas, Spain, offering panoramic views of the Mediterranean and surrounding mountains. This spacious villa, recently reduced in price from €3,650,000 to €2,950,000, combines elegance, expansive open spaces, and privacy in one of the most privileged areas of the Costa del Sol. Located between Malaga and Marbella, just minutes from charming Mijas Pueblo, this property is perfect for discerning buyers seeking exclusivity in Spain. The estate features a majestic entrance, high ceilings, and large windows that flood the interior with natural light. It boasts multiple living areas, including formal and cozy lounges, a bright dining space, and a fully equipped kitchen with large bay-windows and garden access. The main villa has three bedrooms, complemented by three additional bedrooms in the outdoor guest quarters, which include a kitchenette, fireplace, and balcony. Surrounded by lush tropical gardens with automatic irrigation, the estate offers numerous terraces, a white pergola with BBQ facilities, and a helicopter landing pad. The highlight is a stunning 12x20 meter pool with sun loungers, complemented by a separate guest house with two en-suite bedrooms, a lounge, and direct pool access. Additional features include fiber optic wiring, water storage, exterior lighting, and space for solar panels. With no community fees and a strategic location just minutes from Malaga airport, Marbella, and Fuengirola beaches, this Mijas property represents a unique opportunity for luxury buyers seeking tranquility and natural beauty in Spain.
Location
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