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3
Bedrooms
3
Bathrooms
182 m²
Surface area
€
€2523
Price per m²
Apartment
Property type
+15 photos
Analysis
Price
€459.200
Own investment (30%)
€137.760
30% down payment of purchase price
Buyer costs
€45.920
Buyer costs: 10% of purchase price
Estimated nightly rate
€170,39
Expected occupancy rate
65%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€857,17
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€151,67
{% 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
-€505,31
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€110,08
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€268,13
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.
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Log inNightly Rates
Estimated nightly rate
€170,39
High season
€217
Mid season
€165,42
Low season
€131
Price determining factors
- Proximity to beaches, golf courses, and amenities.
- Quality of community facilities like pools and security.
- Modern renovations and furnishings.
- Potential for rental income, especially in tourist seasons.
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
7.47%
5 Year Return
37.35%
10 Year Return
74.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The recent renovation enhances value and appeal.
- Local market trends in 2027: Expected growth in Costa del Sol due to tourism and expatriate influx.
- Property type: Apartments in gated communities are desirable for security and amenities.
- Economic outlook in 2027: Positive, with steady growth in Spain and the Eurozone.
- Demographic developments: Increasing number of retirees and expatriates seeking quality living environments.
- Infrastructure plans in 2027: Improvements in transportation, healthcare, and leisure facilities.
- Historical WOZ value trends: Consistent appreciation reflecting rising property values.
Possible improvements
- Upgrade kitchen appliances and finishes.
- Add smart home features for modern convenience.
- Enhance outdoor living space with furniture or landscaping.
- Improve energy efficiency with solar panels or insulation.
Description
Discover this exceptional ground floor apartment in La Cala de Mijas, Spain, offering the perfect blend of privacy, modern living, and exclusive amenities. Nestled within a secure, gated community just minutes from the renowned La Cala golf courses, this recently renovated property is ideal for those seeking a luxurious lifestyle in the Costa del Sol. The spacious layout features three well-appointed bedrooms with built-in wardrobes and three high-end bathrooms, ensuring comfort and convenience. The bright living-dining area, complete with a cozy fireplace, seamlessly connects to a large south-west facing terrace—perfect for relaxing or entertaining while enjoying the sunny Spanish climate. The modern, fully furnished kitchen provides a stylish culinary space, while marble and porcelain flooring add a touch of elegance throughout. Private parking with direct access enhances ease of living. The community boasts three communal swimming pools, beautifully maintained gardens, and 24-hour security with advanced surveillance systems, alarms, and video intercoms, ensuring peace of mind. Located in La Cala de Mijas, this property offers excellent proximity to golf, beaches, and vibrant local amenities, making it an ideal investment or permanent residence in Spain. Experience the best of Costa del Sol living with this remarkable La Cala de Mijas apartment, where exclusivity and comfort meet.
Location
Nightly rates in the area
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