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2
Bedrooms
2
Bathrooms
65 m²
Surface area
€
€8077
Price per m²
Apartment
Property type
+16 photos
Analysis
Price
€525.000
Own investment (30%)
€157.500
30% down payment of purchase price
Buyer costs
€52.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€112,44
Expected occupancy rate
68%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€980
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€54,17
{% 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
-€124,06
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€100,11
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 amenities: High demand for beachfront properties.
- Property condition: Well-maintained, which sustains value.
- Local market trends: Growing tourism and expatriate community.
- Economic outlook: Stable with potential for appreciation.
- Infrastructure developments: Enhancements in transport and local services.
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
2.44%
5 Year Return
12.20%
10 Year Return
24.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent updates, enhancing appeal and value.
- Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand.
- Property type: Ground-floor apartment with direct beach access, highly desirable for holiday rentals and permanent residence.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, supporting real estate appreciation.
- Demographic developments: Increasing expatriate population and retirees seeking coastal living.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities, boosting property appeal.
- Historical WOZ value trends: Consistent increase over past years, indicating a stable market.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Enhance outdoor terrace with new furniture or landscaping.
- Implement energy-efficient upgrades like solar panels or LED lighting.
- Modernize bathrooms for increased luxury appeal.
- Add smart home features for convenience and security.
Description
Discover your ideal holiday or permanent residence in La Cala de Mijas, Spain, with this exceptional ground-floor apartment located within a secure gated community just meters from the stunning beaches of La Cala de Mijas. This charming property offers 2 spacious bedrooms and 2 modern bathrooms, including a luxurious walk-in shower, perfect for relaxing after beach days. The open-plan lounge and dining area seamlessly connect to a fitted kitchen, creating an inviting living space. Step outside onto a lovely terrace overlooking the pool area, ideal for enjoying the Mediterranean climate. The community features convenient lifts, a private underground parking space, and direct access from the pool to the pristine beaches of La Cala de Mijas, making this an ideal location for both holidaymakers and permanent residents. Situated close to local amenities, this property provides the perfect blend of comfort, convenience, and coastal lifestyle in La Cala de Mijas, Spain. Don't miss the opportunity to view this fantastic apartment – a true gem in the heart of La Cala de Mijas.
Location
Nightly rates in the area
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