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3
Bedrooms
2
Bathrooms
99 m²
Surface area
€
€5808
Price per m²
Apartment
Property type
+26 photos
Analysis
Price
€575.000
Own investment (30%)
€172.500
30% down payment of purchase price
Buyer costs
€57.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,15
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage costs
-€1.073,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€82,50
{% 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
-€134,69
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€198,10
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
€161,15
High season
€204
Mid season
€156,42
Low season
€124
Price determining factors
- Proximity to beaches, golf courses, and amenities.
- High-quality construction and modern design.
- Community facilities like pools, gym, and spa.
- Natural surroundings and privacy.
- Potential for rental income due to tourist 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
4.41%
5 Year Return
22.05%
10 Year Return
44.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern finishes enhance value.
- Local market trends in 2027: Expected growth due to tourism and expatriate influx.
- Property type: Apartments in high-demand resort area tend to appreciate.
- Economic outlook in 2027: Positive, with steady growth in Spain and the Costa del Sol region.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Ongoing improvements to transportation, amenities, and connectivity.
- Historical WOZ value trends: Consistent appreciation reflecting regional growth.
Possible improvements
- Upgrade interior finishes and appliances.
- Add smart home features for modern convenience.
- Enhance outdoor spaces with landscaping or additional features.
- Improve energy efficiency with solar panels or better insulation.
- Increase privacy or security features.
Description
Discover this stunning new-build apartment in La Cala de Mijas, Spain, offering an exceptional opportunity to enjoy modern living in a prime location near golf courses and the Mediterranean Sea. Nestled within a prestigious, contemporary urbanization, this property boasts open green views and a high level of privacy, making it an ideal choice for those seeking tranquility and luxury on the Costa del Sol. The spacious private garden and expansive terrace provide perfect settings to relish the year-round Mediterranean climate. Inside, you'll find a bright living area with an open-concept kitchen, three bedrooms, two bathrooms with underfloor heating, and a convenient separate laundry room. Additional features include central air conditioning for optimal comfort. This exclusive residential community combines sleek contemporary design with nature, offering top-tier amenities such as swimming pools, a spa and indoor pool, a fully equipped gym, paddle tennis courts, mini golf, and lush garden areas. Located in La Cala de Mijas, Spain, this property provides easy access to golf courses, beaches, and vibrant local life, making it a superior choice for both living and investment. Experience the ultimate Costa del Sol lifestyle in this exceptional new apartment, where quality, comfort, and natural beauty converge.
Location
Nightly rates in the area
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