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Apartment in La Cala de Mijas, 2 bedrooms, 89 m² €315.000

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2
Bedrooms
2
Bathrooms
89 m²
Surface area
€3539
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 2 bedrooms, 89 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 2 bedrooms, 89 m² - Afbeelding 1
Apartment in La Cala de Mijas, 2 bedrooms, 89 m² - Afbeelding 2
Apartment in La Cala de Mijas, 2 bedrooms, 89 m² - Afbeelding 3
+22 photos

Analysis

Price
€315.000
Own investment (30%)
€94.500
Buyer costs
€31.500
Estimated nightly rate
€112,44
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€588
Maintenance costs
-€74,17
Cleaning costs
-€291,67
Platform fees
-€348,84
Municipal taxes
-€79,44
Tax (19%)
-€179,27
Cashflow p.m.
Earned back in

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Nightly 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: Attractive location increases demand.
  • Community amenities: Pools, gardens, and security add value.
  • Property condition: Well-maintained property retains higher value.
  • Market demand for holiday rentals: High demand can increase rental income and property value.
  • Economic stability: A stable economy supports property appreciation.

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

7.28%

5 Year Return

36.40%

10 Year Return

72.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern features, and recent renovations can boost ROI.
  • Local market trends in 2027: Growing demand for holiday and retirement homes in Costa del Sol.
  • Property type: Apartments in high-demand areas tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe can support property appreciation.
  • Demographic developments: Increasing number of retirees and expatriates seeking coastal properties.
  • Infrastructure plans in 2027: Planned improvements in transportation, amenities, and connectivity can enhance property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Add smart home technology for modern convenience.
  • Improve outdoor spaces, such as balcony or terrace enhancements.
  • Renovate bathrooms for a more contemporary look.
  • Enhance energy efficiency with solar panels or insulation.

Description

Discover this beautifully maintained middle-floor apartment in the prestigious Calanova Sea Golf development, located in the sought-after area of La Cala de Mijas, Spain. Built in 2006, this 112m² property offers a bright and spacious living-dining room that opens to an expansive double-aspect terrace, ideal for enjoying year-round sunshine and outdoor living. The separate fully equipped kitchen provides modern convenience, while two double bedrooms with built-in wardrobes and two bathrooms, including an en suite, ensure comfort and privacy. Key features include centralized hot and cold air conditioning, elegant marble flooring, and abundant natural light throughout. The property comes with a secure underground parking space and an additional storage unit, adding to its practicality. The gated community boasts five swimming pools, meticulously maintained gardens, and a peaceful ambiance, perfect for relaxation. Located just minutes from Calanova golf course and pristine beaches, this La Cala de Mijas apartment offers an exceptional lifestyle opportunity in Spain’s Costa del Sol. Ideal for investors, holidaymakers, or permanent residents seeking a luxurious, well-connected home in La Cala de Mijas, this property combines prime location, premium amenities, and superb condition. Explore the best of Spain’s coastal living with this outstanding La Cala de Mijas apartment.

Location

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