Back

Apartment in La Cala de Mijas, 3 bedrooms, 108 m² €499.000

1 views None

You can view 2 more properties. Log in for unlimited access.

3
Bedrooms
2
Bathrooms
108 m²
Surface area
€4620
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 3 bedrooms, 108 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 3 bedrooms, 108 m² - Afbeelding 1
Apartment in La Cala de Mijas, 3 bedrooms, 108 m² - Afbeelding 2
Apartment in La Cala de Mijas, 3 bedrooms, 108 m² - Afbeelding 3
+26 photos

Analysis

Price
€499.000
Own investment (30%)
€149.700
Buyer costs
€49.900
Estimated nightly rate
€161,14
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€931,47
Maintenance costs
-€90
Cleaning costs
-€333,33
Platform fees
-€470,53
Municipal taxes
-€118,54
Tax (19%)
-€226,67
Cashflow p.m.
Earned back in

Interested?

Log in now to contact the seller directly

Log in

Nightly Rates

Estimated nightly rate
€161,14
High season
€204
Mid season
€156,42
Low season
€124

Price determining factors

  • High-quality finishes and modern amenities.
  • Prime location close to beaches, shops, and restaurants.
  • Access to luxury amenities within the gated development.
  • Potential for rental income due to first occupation license and rental regulation compliance.

Comparable accommodations

Rate Hotel / apartment Distance
€260,80 Andalusian Villa with views, Pool, Garden & BBQ 7.2 km
€185 Villa La Guirnalda private pool/wifi/barbecue 17.4 km
€164,40 3 Bed Accommodation with Pool 3.5 km
€314 Livita, Space, Above the beach, Cala de mijas 1.5 km
€195,20 Hacienda el Alamo 13.6 km
€166,20 Seaview house: Rooftop pool,gameroom, parking|REMS 18.7 km
€378,33 Casa Calma ǀ Private Pool ǀ Close to Beach + Golf 15.4 km
€217 Fabulous Villa,private pool, stunning views,Malaga 21.3 km
€210 Beach House 1.7 km
€84 Paradise, sun and beach. Charming terrace. 1.4 km

Return & Value appreciation

Annual return

5.81%

5 Year Return

29.05%

10 Year Return

58.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern finishes, likely to attract tenants and buyers.
  • Local market trends in 2027: Expected growth due to increasing tourism and demand for holiday rentals.
  • Property type: Apartments in high-demand resort area tend to appreciate steadily.
  • Economic outlook in 2027: Positive, with growth in Spain's tourism and real estate sectors.
  • Demographic developments: Growing expatriate and retiree populations increasing demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhancing property appeal.
  • Historical WOZ value trends: Consistent increase reflecting rising property values in La Cala de Mijas.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade flooring or fixtures to increase luxury feel.
  • Add smart home features for convenience.
  • Improve outdoor spaces, such as terrace or garden enhancements.

Description

Discover a superb investment opportunity with this modern luxury 3-bedroom apartment in La Cala de Mijas, Spain. Perfectly positioned in a highly sought-after residential area, this property offers spacious living with a contemporary open-plan kitchen, a large lounge/dining area, and three double bedrooms with fitted wardrobes. The master suite features direct access to a private terrace and garden, complete with mountain views and partial sea vistas, ideal for relaxing or entertaining. This La Cala de Mijas apartment boasts high-quality finishes, neutral tones, and modern comforts such as air conditioning, private parking, and storage. Situated within a prestigious gated development, residents enjoy access to exceptional amenities including a gym, spa, sauna, paddle tennis courts, multiple swimming pools with waterfalls, and social areas with BBQ facilities. 24-hour security ensures peace of mind. Located just a 12-15 minute walk from La Cala de Mijas’s beautiful beaches, lively boulevard, shops, and restaurants, this property combines convenience with luxury. La Cala de Mijas, renowned for its unspoiled beaches and vibrant culinary scene featuring celebrity chefs, is a prime location for both lifestyle and investment. Its proximity to Malaga and Marbella makes it ideal for exploring the Costa del Sol. This property is perfect for personal use or as a buy-to-let investment, especially since it meets all new rental regulations. With a first occupation license, the apartment offers excellent rental potential. Priced for a quick sale due to relocation, this La Cala de Mijas apartment presents an attractive opportunity for investors and homeowners alike.

Location

Questions? Chat with us!