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Apartment in La Cala de Mijas, 2 bedrooms, 110 m² €385.000

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2
Bedrooms
2
Bathrooms
110 m²
Surface area
€3500
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 2 bedrooms, 110 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 2 bedrooms, 110 m² - Afbeelding 1
Apartment in La Cala de Mijas, 2 bedrooms, 110 m² - Afbeelding 2
Apartment in La Cala de Mijas, 2 bedrooms, 110 m² - Afbeelding 3
+38 photos

Analysis

Price
€385.000
Own investment (30%)
€115.500
Buyer costs
€38.500
Estimated nightly rate
€112,44
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€718,67
Maintenance costs
-€91,67
Cleaning costs
-€291,67
Platform fees
-€348,84
Municipal taxes
-€93,04
Tax (19%)
-€148,53
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€112,44
High season
€150
Mid season
€109,42
Low season
€89

Price determining factors

  • Proximity to beaches, golf courses, and town center.
  • Modern renovations and high-quality finishes.
  • Community amenities and landscaped gardens.

Comparable accommodations

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

4.93%

5 Year Return

24.65%

10 Year Return

49.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports steady appreciation.
  • Local market trends in 2027: Expected growth due to popularity of Costa del Sol and tourism.
  • Property type: Apartments in high-demand coastal areas tend to appreciate well.
  • Economic outlook in 2027: Positive, with tourism and real estate sectors likely to grow.
  • Demographic developments: Increasing demand from retirees, expatriates, and holidaymakers.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and local facilities.
  • Historical WOZ value trends: Consistent increase reflecting rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Add smart home features for modern appeal.
  • Enhance outdoor space with additional landscaping or furniture.
  • Implement energy-efficient solutions to reduce costs.

Description

Discover this beautifully renovated 2-bedroom apartment in the highly desirable Phase 1 of Jardin Botánico, La Cala de Mijas, Spain. Perfectly situated in a prime coastal location, this modern residence offers a seamless blend of comfort and style in the heart of the Costa del Sol. The bright and spacious living and dining area opens onto a generous terrace, ideal for relaxing or entertaining while enjoying tranquil surroundings. The contemporary kitchen features sleek finishes and high-quality appliances, complementing the updated flooring and stylish bathrooms throughout. Both bedrooms are generously proportioned, with the master suite offering fitted wardrobes and a chic en-suite. Located within a well-maintained community, residents benefit from beautifully landscaped gardens and excellent communal facilities, all within easy reach of La Cala de Mijas’s stunning beaches, golf courses, and vibrant town center. This turnkey property is suitable as a permanent residence, holiday retreat, or a lucrative investment opportunity in La Cala de Mijas, Spain. Experience the best of coastal living on the Costa del Sol with this exceptional La Cala de Mijas apartment.

Location

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