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2
Bedrooms
2
Bathrooms
132 m²
Surface area
€
€3916
Price per m²
Apartment
Property type
+9 photos
Analysis
Price
€516.900
Own investment (30%)
€155.070
30% down payment of purchase price
Buyer costs
€51.690
Buyer costs: 10% of purchase price
Estimated nightly rate
€112,44
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€964,88
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€110
{% 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
-€348,84
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€122,34
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€92,70
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
€112,44
High season
€150
Mid season
€109,42
Low season
€89
Price determining factors
- Proximity to beaches and golf courses: Premium location increases value.
- Views and outdoor spaces: Sea views and terraces add to desirability.
- Community amenities: Pools, green spaces, and security attract buyers.
- Property size and layout: Spacious interiors appeal to families and investors.
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
2.29%
5 Year Return
11.45%
10 Year Return
22.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interiors and amenities support steady appreciation.
- Local market trends in 2027: Growing demand for coastal properties on the Costa del Sol due to tourism and expatriate influx.
- Property type: Apartments in a luxury development attract higher appreciation due to lifestyle appeal.
- Economic outlook in 2027: Positive economic growth in Spain and Europe can boost property values.
- Demographic developments: Increasing number of retirees and expatriates seeking coastal living.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade interior finishes and appliances to modern standards.
- Add smart home features for increased convenience.
- Enhance outdoor spaces with landscaping or additional amenities.
- Implement energy-efficient systems to reduce utility costs.
Description
Discover modern living in La Cala de Mijas, Spain, with this exclusive new development on the Costa del Sol. Priced from €516,900 to €759,800, these contemporary homes feature 2 to 3 bedrooms, 2 bathrooms, and spacious interiors ranging from 132m2 to 239m2. Situated on the front line of golf, this prestigious urbanization offers stunning sea views and easy access to top golf courses, making it an ideal choice for golf enthusiasts and those seeking a peaceful coastal lifestyle. The project comprises 48 elegant residences across four blocks, each with generous terraces perfect for enjoying the Mediterranean climate.
This gated community provides lush green spaces, a communal swimming pool, leisure areas, and 24-hour security, ensuring comfort and safety for residents. Its prime location in La Cala de Mijas offers convenient access to pristine beaches, local amenities, and vibrant entertainment options, making it suitable for both permanent residence and investment opportunities. Experience the perfect blend of contemporary design, natural beauty, and tranquil surroundings in this sought-after Spanish coastal town. Explore your future home in La Cala de Mijas, Spain, and enjoy the best of the Costa del Sol.
Location
Nightly rates in the area
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