You can view 2 more properties. Log in for unlimited access.
2
Bedrooms
2
Bathrooms
100 m²
Surface area
€
€4735
Price per m²
Apartment
Property type
+14 photos
Analysis
Price
€473.500
Own investment (30%)
€142.050
30% down payment of purchase price
Buyer costs
€47.350
Buyer costs: 10% of purchase price
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€883,87
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€83,33
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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€345,68
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€113,12
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€111,51
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
€111,42
High season
€149
Mid season
€108,50
Low season
€87
Price determining factors
- Proximity to the sea and scenic views.
- Luxury amenities and modern design.
- Location within a sought-after area of La Cala de Mijas.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 1.1 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 10.0 km |
| €132,40 | Spectacular house on Carvajal Beach | 10.3 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 10.9 km |
| €166,80 | Chariming and creative house 50m from the beach | 11.3 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 16.5 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 18.1 km |
| €186,80 | Unique place with roof terrace in Old town | 18.3 km |
| €116 | Charming Sea Front Bungalow | 20.6 km |
| €124,86 | Sunny hillside casita in Guaro | 22.0 km |
Return & Value appreciation
Annual return
3.01%
5 Year Return
15.05%
10 Year Return
30.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartments tend to appreciate steadily.
- Local market trends in 2027: Growing demand for seaside properties in Spain supports appreciation.
- Property type: Apartments in desirable locations like La Cala de Mijas generally see good appreciation.
- Economic outlook in 2027: Positive economic growth in Spain and Europe can boost property values.
- Demographic developments: Increasing interest from expatriates and retirees enhances demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities can increase property appeal.
- Historical WOZ value trends: Consistent increases in property taxes reflect rising property values.
Possible improvements
- Renovating interiors to modern standards.
- Adding smart home features.
- Improving outdoor spaces or balconies.
- Upgrading kitchen and bathroom fixtures.
Description
Discover exceptional new apartments in La Cala de Mijas, Spain, offering modern living with stunning sea views. Priced from €473,500 to €722,100, these spacious 2 to 4-bedroom homes feature 2 to 3 bathrooms and built sizes ranging from 100m² to 133m². Located in a sought-after area of La Cala de Mijas, this residential development combines luxury with convenience, making it an ideal choice for those seeking a seaside lifestyle in Spain.
Location
Similar properties in La Cala de Mijas
2.94% ROI per year
Apartment in La Cala de Mijas, 2 bedrooms, 132 m²
La Cala de Mijas, Spain
€471.900
€463,24/pm
132 m²
2 bed
2 bath
3.18% ROI per year
Apartment in La Cala de Mijas, 2 bedrooms, 113 m²
La Cala de Mijas, Spain
€465.000
€493,01/pm
113 m²
2 bed
2 bath
6.77% ROI per year
Apartment in La Cala de Mijas, 3 bedrooms, 147 m²
La Cala de Mijas, Spain
€450.000
€1.016,12/pm
147 m²
3 bed
2 bath
3.32% ROI per year
Apartment in La Cala de Mijas, 2 bedrooms, 120 m²
La Cala de Mijas, Spain
€450.000
€498/pm
120 m²
2 bed
2 bath
2.79% ROI per year
Apartment in La Cala de Mijas, 2 bedrooms, 75 m²
La Cala de Mijas, Spain
€499.000
€463,81/pm
75 m²
2 bed
2 bath
5.81% ROI per year
Apartment in La Cala de Mijas, 3 bedrooms, 108 m²
La Cala de Mijas, Spain
€499.000
€966,32/pm
108 m²
3 bed
2 bath
5.81% ROI per year
Apartment in La Cala de Mijas, 3 bedrooms, 108 m²
La Cala de Mijas, Spain
€499.000
€966,32/pm
108 m²
3 bed
2 bath
1.93% ROI per year
Apartment in La Cala de Mijas, 2 bedrooms, 56 m²
La Cala de Mijas, Spain
€499.950
€321,08/pm
56 m²
2 bed
1 bath
2.79% ROI per year
Apartment in La Cala de Mijas, 2 bedrooms, 65 m²
La Cala de Mijas, Spain
€499.950
€464,66/pm
65 m²
2 bed
2 bath
2.60% ROI per year
Apartment in La Cala de Mijas, 2 bedrooms, 118 m²
La Cala de Mijas, Spain
€499.999
€433,12/pm
118 m²
2 bed
2 bath
Interested in this property?
Register your interest and we'll connect you directly with the seller. No obligations.
Sign up and register interestNightly rates in the area
Questions? Chat with us!