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5
Bedrooms
5
Bathrooms
601 m²
Surface area
€
€1584
Price per m²
House
Property type
+32 photos
Analysis
Price
€952.000
Own investment (30%)
€285.600
30% down payment of purchase price
Buyer costs
€95.200
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
-€1.777,07
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€500,83
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
-€181,08
Municipal taxes for Mijas Golf
Tax
(19%)
-€1.077,35
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
- Property condition: Upgrades or renovations can significantly increase value.
- Local market trends in 2027: Rising property prices in Mijas Golf and surrounding areas.
- Property type: Luxury homes tend to appreciate faster than average properties.
- Economic outlook in 2027: Economic stability and growth support higher property prices.
- Demographic developments: Growth in affluent demographics increases demand.
- Infrastructure plans in 2027: New developments and improvements boost property desirability.
- Historical WOZ value trends: Increasing tax assessments reflect rising property market values.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €553,60 | Beautiful villa with sea view for 14 persons | 7.1 km |
| €388,86 | Spacious Modern Villa with heated pool in Marbella | 13.5 km |
| €627,80 | VillaSpainExperience with heated pool | 17.4 km |
| €312,20 | Hill Villa Higueron Reserve | 7.3 km |
| €621,40 | Villa Holivista | 9.4 km |
| €1.321,60 | 5* Beachfront Villa, SAUNA & Infrared, Heated Pool | 6.1 km |
| €1.002 | Villa Mananitas with Sea Views and close to Beach | 7.1 km |
| €339 | Villa in Torreblanca | 5 Bedrooms & Heated Pool | 5.9 km |
| €989,40 | ”Casa Mimoza” with pool, gym & sauna | 2.2 km |
| €440 | Villa Ocean by Lovely Rentals | 16.8 km |
Return & Value appreciation
Annual return
14.47%
5 Year Return
72.35%
10 Year Return
144.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained luxury property enhances value appreciation.
- Local market trends in 2027: Growing demand for high-end properties in Costa del Sol boosts ROI.
- Property type: Luxury villa with extensive amenities attracts premium buyers.
- Economic outlook in 2027: Stable economic growth in Spain supports property value increases.
- Demographic developments: Increasing affluent expatriates and retirees in the region drive demand.
- Infrastructure plans in 2027: Planned improvements in transportation and services enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade landscaping and outdoor entertainment areas.
- Modernize kitchen and bathrooms with high-end fixtures.
- Add smart home technology for enhanced convenience.
- Improve energy efficiency with solar panels or insulation.
- Renovate basement to create additional living or rental space.
Description
Discover an exceptional property in Mijas Golf, Spain, offering the best value for luxury living. Spanning 640 square meters of elegant construction on a spacious 1,290-square-meter south-facing plot, this home boasts stunning sea and valley views. Designed across two main levels plus two basement levels, it features two automatic vehicle gates providing access to a garage accommodating up to nine cars, complemented by secure off-street parking. The ground floor welcomes you with a generous living and dining area opening onto a vast covered terrace, perfect for enjoying the sunny Spanish climate from sunrise to sunset. The well-equipped, spacious kitchen includes large countertops and a central island, ideal for culinary enthusiasts. Also on this level is a guest toilet and an office/bedroom with potential for an ensuite bathroom. Upstairs, four bedrooms each with private ensuite bathrooms open onto a large south-facing terrace, providing ample private outdoor space. The underground level offers a versatile garage and storage area, easily convertible into a guest apartment or workshop, with natural light through multiple windows. Beneath this, a ventilated basement serves as additional storage. The beautifully landscaped garden features a heated swimming pool, a dedicated BBQ area, and a separate toilet, creating an ideal outdoor entertainment space. Located in the prestigious Mijas Golf area of Spain, this property combines luxurious comfort with prime location, making it an unparalleled investment opportunity in the Costa del Sol.
Location
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Nightly rates in the area
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