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Apartment in La Cala de Mijas, 3 bedrooms, 124 m² €729.000

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3
Bedrooms
2
Bathrooms
124 m²
Surface area
€5879
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 3 bedrooms, 124 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 3 bedrooms, 124 m² - Afbeelding 1
Apartment in La Cala de Mijas, 3 bedrooms, 124 m² - Afbeelding 2
Apartment in La Cala de Mijas, 3 bedrooms, 124 m² - Afbeelding 3
+30 photos

Analysis

Price
€729.000
Own investment (30%)
€218.700
Buyer costs
€72.900
Estimated nightly rate
€161,15
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€1.360,80
Maintenance costs
-€103,33
Cleaning costs
-€333,33
Platform fees
-€470,56
Municipal taxes
-€167,41
Tax (19%)
-€133,31
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€161,15
High season
€204
Mid season
€156,42
Low season
€124

Price determining factors

  • Proximity to beaches, shops, and restaurants increases desirability.
  • Modern amenities and sea views add premium value.
  • Community facilities like pools, gym, and social areas enhance appeal.

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

2.34%

5 Year Return

11.70%

10 Year Return

23.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartment enhances value.
  • Local market trends in 2027: Growing demand for coastal properties on Costa del Sol.
  • Property type: Apartments in gated communities are popular among investors and residents.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports property appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities increase attractiveness.
  • Historical WOZ value trends: Consistent increase in property values in La Cala de Mijas area.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Add smart home technology for modern convenience.
  • Improve outdoor spaces with landscaping or additional seating.
  • Install energy-efficient systems to reduce utility costs.

Description

Experience luxurious living in this modern 3-bedroom apartment in La Cala de Mijas, Spain. Situated within the exclusive gated community of Casa Banderas, this spacious residence offers the perfect blend of contemporary comfort and coastal elegance. Located just minutes from local shops, vibrant restaurants, and the pristine beaches of La Cala de Mijas, this property is ideal for those seeking a prime Costa del Sol lifestyle. Casa Banderas boasts exceptional amenities, including three outdoor swimming pools, a padel court, a fully equipped fitness center, jacuzzi, children’s playground, and a social club—creating an ideal environment for relaxation, socializing, and remote work. The beautifully landscaped gardens add to the tranquil ambiance of this sought-after community. The apartment’s bright, open-plan design seamlessly connects the kitchen, dining, and living areas, leading onto a spacious south-facing terrace with breathtaking sea views and panoramic mountains. Each of the three bedrooms has direct access to a second large outdoor terrace, perfect for entertaining or unwinding. The master suite features an elegant en-suite bathroom, and both bathrooms are equipped with underfloor heating for added comfort. Additional highlights include a private parking space and a storage room, making this property both practical and luxurious. This La Cala de Mijas property combines prime location, modern amenities, and stylish design—an excellent opportunity for a permanent home, holiday retreat, or lucrative investment on the Costa del Sol.

Location

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