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Apartment in La Cala de Mijas, 2 bedrooms, 86 m² €580.000

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2
Bedrooms
2
Bathrooms
86 m²
Surface area
€
€6744
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 2 bedrooms, 86 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 2 bedrooms, 86 m² - Afbeelding 1
Apartment in La Cala de Mijas, 2 bedrooms, 86 m² - Afbeelding 2
Apartment in La Cala de Mijas, 2 bedrooms, 86 m² - Afbeelding 3
+58 photos

Analysis

Price
€580.000
Own investment (30%)
€174.000
Buyer costs
€58.000
Estimated nightly rate
€112,66
Expected occupancy rate
67%
Gross rental p/m
€0000
Mortgage costs
-€1.082,67
Maintenance costs
-€71,67
Cleaning costs
-€291,67
Platform fees
-€344,39
Municipal taxes
-€135,75
Tax (19%)
-€70,26
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€112,66
High season
€151
Mid season
€109,58
Low season
€90

Price determining factors

  • Location in La Cala de Mijas, proximity to beaches and amenities.
  • Property condition and modern design.
  • Views and outdoor space, including the southwest-facing terrace.
  • Local real estate market growth and tourism trends.
  • Upcoming infrastructure projects enhancing accessibility.

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

1.55%

5 Year Return

7.75%

10 Year Return

15.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartment enhances value.
  • Local market trends in 2027: Growing demand for holiday and second homes in Costa del Sol.
  • Property type: Apartment in a prestigious gated community attracts higher appreciation.
  • Economic outlook in 2027: Positive economic growth in Spain and tourism sector boosts property values.
  • Demographic developments: Increasing expatriate and retiree populations drive demand.
  • Infrastructure plans in 2027: Continued improvements in transportation, amenities, and connectivity.
  • Historical WOZ value trends: Steady increase reflecting rising property values in the area.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Add smart home features for convenience.
  • Upgrade flooring or fixtures to premium materials.
  • Enhance outdoor living space with landscaping or furniture.
  • Implement energy-efficient systems to reduce costs.

Description

Discover your perfect second home in the heart of La Cala de Mijas, Spain, with this stunning contemporary apartment featuring refined Mediterranean design. Located in a prestigious gated community established in 2021, this residence offers effortless access to beaches, golf courses, shops, and the vibrant town center of La Cala de Mijas. Spanning 117 sqm, including 86 sqm of sleek interior living space, this property boasts 2 spacious bedrooms, 2 luxurious bathrooms, and a sophisticated master suite with a dressing area and en-suite bathroom. The expansive southwest-facing terrace of 31 sqm presents beautiful lateral sea views, ideal for sunset dinners, entertaining, or relaxing in the Costa del Sol sunshine.

Location

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