MIJAS - Ajay Ahuja

CONTENTS: INTRODUCTION - ESTEPONA, COSTA DEL SOL - MARBELLA, COSTA DEL SOL - FUENGIROLA, COSTA DEL SOL - MIJAS - BENALMADENA - TORREMOLINOS, COSTA DEL SOL - MALAGA, COSTA DEL SOL - NERJA, COSTA DEL SOL - BARCELONA, COSTA BRAVA - BLANES, COSTA BRAVA - LLORET DE MAR, COSTA BRAVA - TOSSA DE MAR, COSTA BRAVA - ALMERIA, COSTA DE ALMERIA - ROQUETAS DE MAR, COSTA DE ALMERIA - SALOU, COSTA DORADA - MIAMI PLAYA, COSTA DORADA - CADIZ, COSTA DE LA LUZ - ISLANTILLA, COSTA DE LA LUZ - A CORUNA, GALICIA - SANTANDER, CANTABRIA - SAN SEBASTIAN, BASQUE COUNTRY - JAVEA, COSTA BLANCA - GANDIA, COSTA BLANCA - BENIDORM, COSTA BLANCA - ALICANTE, COSTA BLANCA - TORREVIEJA, COSTA BLANCA - LA MANGA, COSTA BLANCA - ORIHUELA COSTA, COSTA BLANCA - PALMA, MAJORCA - MAGALUF, MAJORCA - ALCUDIA, MAJORCA - MAHON, MENORCA - LOS DELFINES, MENORCA - IBIZA TOWN, IBIZA - SAN ANTONIO, IBIZA - PLAYA D’EN BOSSA, IBIZA - PLAYA DE LAS AMERICAS, TENERIFE - PUERTO DE LA CRUZ, TENERIFE - LOS GIGANTES, TENERIFE - LOS CRISTIANOS, TENERIFE - COSTA DEL SILENCIO, TENERIFE - CALETA DE FUSTE, FUERTEVENTURA - LAS PALMAS, GRAN CANARIA - PLAYA DEL INGLES, GRAN CANARIA - PUERTO DEL CARMEN, LANZAROTE - PLAYA BLANCA, LANZAROTE - LA PALMA, CANARY ISLANDS - LA GOMERA, CANARY ISLANDS - GRANADA, ANDALUSIA - VALENCIA -

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Area:

MIJAS

Investor Profile:

Retirement, Worker, Holiday, Business

Category:

Population:

Total

British

45,000

6,000

Climate:

Hours of Sunshine Per Day in Summer

Days of Rain Per Year

Average Spring Air Temp.

Average Summer Air Temp.

Average Autumn Air Temp.

Average Winter Air Temp.

Average

Water Temp.

Proximity to:

Airport

Beach

Nearest City

16.5 miles (Malaga)

0.25 miles

19 miles (Malaga)

Educational facilities:

No. of Universities

No. of International Schools

No. of Private Schools

Health services:

No. of Public Hospitals

No. of Private Hospitals

No. of Private Clinics

Shopping:

No. of Shopping Centres

No. of Markets

Restaurants and bars:

Narrower choice of restaurants and bars relative to other areas on Costa de Sol, but local, international and British food all available.

Sports and leisure facilities:

Mijas Village football field and polysport pavilion. Public Gymnasium. La Cala Golf Resort north of Mijas village (2 18-hole courses). La Siesta Golf 9-hole course. Mijas Golf (2 18-hole courses). Miraflores 18-hole golf course. Valle del Golf Resort. 2 go-karting clubs. Horse race course and riding school. Mijas aquatic park on the Fuengirola bypass with water slides and wave pools (open between May and September). Historical, Miniature and Bullfighting Museums. Mijas fair in September and annual theatre festival in Summer. English-language films screened at cinema in Mijas Costa.

Transport:

Public Transport

Roads

Regular bus service to Fuengirola (every half hour on weekdays).

Autovia del Sol from Malaga. MA-409 from Fuengirola. N-340 and MA-409 from Marbella. MA-485 from Benalmadena.

Crime rate:

Low

Main types of employment

Tourist and service sectors, especially property market.

Future plans:

None

Yield range

12.9% - 15.2%

Type of property

Entry Price

Rent-

School Holiday Peak

Rent-

Peak

Rent-

Off Peak

Average Annual Yield

2 bed apartment

120,000

798

638

383

15.2%

3 bed apartment

150000

958

766

460

14.6%

3 bed townhouse

225000

1277

1021

613

12.9%

Villa

264000

1676

1341

804

14.5%

Demand for letting

School Holiday Peak

Peak

Off peak

High

Medium

Finance and leisure scores:

Total (out of 10)

Financial (out of 5)

Leisure (out of 5)

Flights scheduled from:

Gatwick, Heathrow, London City, Luton, Stansted, Bristol, Cardiff, Exeter, Newquay, Plymouth, Bournemouth, Southampton, Birmingham, East Midlands, Humberside, Newcastle, Teesside, Blackpool, Isle of Man, Liverpool, Manchester, Aberdeen, Edinburgh, Glasgow, Inverness, Belfast City, Belfast International, Derry, Cork, Dublin, Guernsey, Jersey, Norwich, Leeds/Bradford

Typical cost of flights:

School Holiday Peak

Peak

Off Peak

£201-320

£149-237

£112-178

Operators:

Monarch, Swiss International, BA, Air France, Excel Airways, Futura, Thomas Cook, Astraeus, Air 2000, My Travel, Easyjet

Description:

Mijas consists of a small Andalusian village located in the mountains above Fuengirola, and also of the area between Fuengirola and port Cabopino, known as Mijas Costa.

Mijas Costa is made up of several residential developments such as Calahonda, El Chaparral, El Faro, La Cala, Miraflores, Riviera del Sol and Torrevieja. There residential complexes are home to many of the area’s ex-patriot population, composed mainly of British, Germans and Scandinavians. Calahonda and Riviera del Sol are mainly inhabited by a British population.

Mijas village has very narrow and steep streets (limited to pedestrians and donkeys) and has Roman, Moorish and Spanish monuments. Property in the village is more expensive than outside of it. Stick to the complexes.

I struggle to find what’s wrong with this place. If I was pushed I would say that demand tails off for some of the off peak season. Otherwise the yields are great, the properties are of good value, there’s loads to do, it has low crime rates and it’s easy to get to – what more do you want!

Hot Website:

http://mijas-spain.travel-holiday-guide.co.uk/

Estate Agents:

Name

Address

Tel

Web

SOL AGENCY LTD

Not disclosed

Spanish Office Telephone/Fax: 0034 952 668 708

UK Freephone for Property Sales enquiries: 0800 198 2927

http://www.sol-agency.com/index.htm