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2
Bedrooms
2
Bathrooms
112 m²
Surface area
€
€5348
Price per m²
Apartment
Property type
+18 photos
Analysis
Price
€599.000
Own investment (30%)
€179.700
30% down payment of purchase price
Buyer costs
€59.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€112,66
Expected occupancy rate
67%
Gross rental p/m
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€0000
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Mortgage costs
-€1.118,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€93,33
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€344,39
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€139,79
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€58,64
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
€112,66
High season
€151
Mid season
€109,58
Low season
€90
Price determining factors
- Proximity to beaches and amenities increases desirability.
- Luxury amenities and resort-style facilities add premium value.
- Strong holiday rental market enhances income potential.
- Limited new developments in the area may restrict supply growth.
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
1.25%
5 Year Return
6.25%
10 Year Return
12.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment with high-quality amenities enhances value.
- Local market trends in 2027: Growing demand for holiday rentals and second homes in Costa del Sol.
- Property type: Apartments in luxury developments tend to appreciate steadily due to high demand.
- Economic outlook in 2027: Spain's economy is expected to recover and grow, supporting property appreciation.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities support property values.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade interior finishes for a more modern look.
- Add smart home features to increase appeal.
- Enhance outdoor spaces, such as adding a pergola or outdoor furniture.
- Improve energy efficiency with solar panels or better insulation.
Description
Discover this stunning 2-bedroom, 2-bathroom apartment in La Cala de Mijas, Spain, offering modern Mediterranean living with exceptional amenities. Located in a prestigious community, this brand-new property features a spacious sunlit terrace ideal for relaxing, dining, or entertaining while enjoying the beautiful Costa del Sol climate. Situated just a short stroll from the beach, local restaurants, vibrant bars, and shops, this La Cala de Mijas apartment provides unmatched convenience in one of the most desirable areas of southern Spain.
As part of a luxury development, residents enjoy access to a large outdoor swimming pool, an indoor pool with Jacuzzi, sauna, fully equipped gym, and a stylish social lounge, creating a resort-style lifestyle year-round. The property is currently operating as a successful holiday rental, with existing bookings, offering an attractive investment opportunity for buyers seeking a ready-made income stream.
Whether seeking a permanent residence, a holiday retreat, or an investment property, this La Cala de Mijas apartment combines contemporary design, prime location, and exceptional amenities. Enjoy the best of Costa del Sol living in this sought-after Spain property, perfect for those looking to own in a vibrant seaside community.
Location
Nightly rates in the area
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