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2
Bedrooms
1
Bathrooms
56 m²
Surface area
€
€9107
Price per m²
Apartment
Property type
+17 photos
Analysis
Price
€510.000
Own investment (30%)
€153.000
30% down payment of purchase price
Buyer costs
€51.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€101,75
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€952
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€46,67
{% 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
-€315,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€120,88
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€71,75
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
€101,75
High season
€136
Mid season
€99,17
Low season
€81
Price determining factors
- Proximity to beaches and amenities: Highly desirable location.
- Property condition: Well-maintained, move-in ready.
- Views and outdoor space: Sea views and private solarium add value.
- Market demand: High for holiday and investment properties.
- Economic factors: Favorable exchange rates and economic stability in Spain.
- Local developments: New infrastructure projects and tourism initiatives.
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
1.80%
5 Year Return
9.00%
10 Year Return
18.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, recent renovations can boost value.
- Local market trends in 2027: Growing demand for coastal properties in Spain.
- Property type: Popular holiday rental type, high demand.
- Economic outlook in 2027: Stable with potential growth in tourism and real estate sectors.
- Demographic developments: Increasing interest from international buyers and retirees.
- Infrastructure plans in 2027: Improvements in transportation and amenities in La Cala de Mijas.
- Historical WOZ value trends: Consistent appreciation in property values in the region.
Possible improvements
- Renovate the kitchen and bathroom for modern appeal.
- Upgrade fixtures and fittings to increase luxury perception.
- Enhance outdoor spaces, such as landscaping or adding a terrace.
- Install energy-efficient windows and appliances to reduce costs.
- Improve interior decor to attract higher-paying tenants or buyers.
Description
Discover this stunning second line beach penthouse apartment in La Cala de Mijas, Spain, offering breathtaking sea views from the enclosed terrace and private solarium. This charming two-bedroom residence features a spacious living area with an adjoining dining space and an open-concept kitchen, making it perfect for holiday rentals or personal use. Situated just steps from the pristine beaches of La Cala de Mijas, this property provides easy access to a variety of local restaurants, beach bars, and shops, all within a flat, short walk to the town center. The well-maintained La Siesta complex is a secure, gated community boasting amenities such as underground parking, elevators, a fantastic swimming pool, and lush gardens. Whether seeking a holiday home, investment opportunity, or a permanent residence in La Cala de Mijas, Spain, this apartment combines comfort, convenience, and spectacular coastal views. Don't miss the chance to own a slice of paradise in one of Spain’s most sought-after beachside locations.
Location
Nightly rates in the area
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