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3
Bedrooms
2
Bathrooms
118 m²
Surface area
€
€5669
Price per m²
Apartment
Property type
+22 photos
Analysis
Price
€669.000
Own investment (30%)
€200.700
30% down payment of purchase price
Buyer costs
€66.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,14
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage costs
-€1.248,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€98,33
{% trans '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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€470,53
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€154,66
Municipal taxes for La Cala
Tax
(19%)
-€157,93
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
€161,14
High season
€204
Mid season
€156,42
Low season
€124
Price determining factors
- Proximity to beaches and amenities: High desirability increases property value.
- Property features: Spacious terraces, sea views, modern finishes add premium value.
- Market demand: High demand for holiday and investment properties in La Cala.
- Economic factors: Favorable exchange rates and economic stability in Spain.
- Local developments: New commercial and recreational facilities could enhance property appeal.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €260,80 | Andalusian Villa with views, Pool, Garden & BBQ | 6.9 km |
| €185 | Villa La Guirnalda private pool/wifi/barbecue | 17.0 km |
| €164,40 | 3 Bed Accommodation with Pool | 3.5 km |
| €314 | Livita, Space, Above the beach, Cala de mijas | 1.6 km |
| €195,20 | Hacienda el Alamo | 13.2 km |
| €166,20 | Seaview house: Rooftop pool,gameroom, parking|REMS | 18.5 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 15.2 km |
| €217 | Fabulous Villa,private pool, stunning views,Malaga | 21.0 km |
| €210 | Beach House | 1.8 km |
| €84 | Paradise, sun and beach. Charming terrace. | 1.5 km |
Return & Value appreciation
Annual return
3.02%
5 Year Return
15.10%
10 Year Return
30.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern finishes, which supports value retention and growth.
- Local market trends in 2027: Expected continued demand for coastal properties in La Cala de Mijas due to its popularity and limited supply.
- Property type: Top-floor apartment with private terraces, appealing to both holidaymakers and permanent residents.
- Economic outlook in 2027: Likely stable with growth in tourism and real estate sectors, boosting property values.
- Demographic developments: Increasing population of retirees and expatriates seeking coastal living.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities, enhancing accessibility and attractiveness.
Possible improvements
- Renovate and furnish the apartment to modern standards.
- Add smart home features for increased convenience.
- Upgrade kitchen and bathrooms for higher appeal.
- Improve energy efficiency with solar panels or better insulation.
- Enhance outdoor spaces with landscaping or additional amenities.
Description
Experience coastal living at its finest with this superb top-floor apartment in La Cala de Mijas, Spain. Perfectly positioned just a 2-minute walk from the sandy beaches of La Cala, this property offers unbeatable access to the vibrant heart of La Cala de Mijas on the Costa del Sol. Surrounded by a variety of restaurants, shops, cafés, and essential services, this location is ideal for permanent residence, holiday home, or investment opportunity.
Spanning 118 m², this spacious La Cala apartment features three bedrooms and two bathrooms, complemented by two expansive private terraces. The south-facing terrace is perfect for enjoying morning sunlight, while the north-facing terrace provides a cooler outdoor space with scenic views of the sea and mountains. Inside, the bright living room boasts a cozy fireplace and direct terrace access, creating a warm and inviting atmosphere.
The modern, fully fitted kitchen offers practicality and style, enhanced by high-quality finishes such as marble flooring, double glazing, and fitted wardrobes. Comfort is guaranteed year-round with air conditioning, and the property is sold unfurnished, allowing you to personalize your new home.
Located just 20 minutes from Málaga airport, this La Cala de Mijas property combines excellent connectivity with a prime beachside setting. Whether you seek a permanent home, a holiday retreat, or a lucrative investment, this top-floor apartment in La Cala offers exceptional potential in one of Spain’s most sought-after coastal destinations.
Location
Nightly rates in the area
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