You can view 1 more properties. Log in for unlimited access.
3
Bedrooms
2
Bathrooms
124 m²
Surface area
€
€5879
Price per m²
Apartment
Property type
+30 photos
Analysis
Price
€729.000
Own investment (30%)
€218.700
30% down payment of purchase price
Buyer costs
€72.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,15
Expected occupancy rate
64%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€1.360,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€103,33
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€470,56
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€167,41
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€133,31
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.
Interested?
Log in now to contact the seller directly
Log inNightly 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
Nightly rates in the area
Questions? Chat with us!