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2
Bedrooms
2
Bathrooms
100 m²
Surface area
€
€3330
Price per m²
Apartment
Property type
+28 photos
Analysis
Price
€333.000
Own investment (30%)
€99.900
30% down payment of purchase price
Buyer costs
€33.300
Buyer costs: 10% of purchase price
Estimated nightly rate
€112,44
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€621,60
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€83,33
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€348,84
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€83,26
Municipal taxes for Mijas
Tax
(19%)
-€170,42
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
€112,44
High season
€150
Mid season
€109,42
Low season
€89
Price determining factors
- Property condition: Modern and attractive, supporting higher valuation.
- Local market trends in 2027: Rising property prices in Mijas and Costa del Sol.
- Property type: Apartments in gated communities tend to retain value and appreciate.
- Economic outlook in 2027: Growth in tourism and real estate sectors boosts prices.
- Demographic developments: Growing expatriate community increases demand.
- Infrastructure plans in 2027: Enhancements in transport and amenities increase property appeal.
- Historical WOZ value trends: Upward trend indicating increasing property worth.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 11.9 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 1.5 km |
| €132,40 | Spectacular house on Carvajal Beach | 4.9 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 0.1 km |
| €166,80 | Chariming and creative house 50m from the beach | 18.6 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 5.9 km |
| €116 | Charming Sea Front Bungalow | 12.6 km |
| €124,86 | Sunny hillside casita in Guaro | 19.3 km |
| €170,20 | Unique views & terrace. Plz Merced | 24.3 km |
| €94,60 | Spacious Independent House ·Central Area – ARQ | 24.8 km |
Return & Value appreciation
Annual return
6.55%
5 Year Return
32.75%
10 Year Return
65.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, move-in ready, which supports steady appreciation.
- Local market trends in 2027: Expected growth in Costa del Sol due to tourism and expatriate influx.
- Property type: Apartment in a desirable gated community with amenities, appealing to both residents and investors.
- Economic outlook in 2027: Positive, with continued growth in Spain's economy and tourism sector.
- Demographic developments: Increasing expatriate and retiree population seeking properties in Mijas.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities enhancing accessibility and attractiveness.
- Historical WOZ value trends: Consistent increase reflecting rising property values and demand.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Add smart home features for increased convenience.
- Improve outdoor space with landscaping or a terrace upgrade.
- Upgrade fixtures and fittings to premium quality.
- Enhance energy efficiency with solar panels or insulation.
Description
Discover this stunning apartment in the prestigious La Cala Hills urbanization, nestled in the highly sought-after Mijas Golf area of Mijas, Spain. This beautiful residence offers two spacious bedrooms and two modern, fully fitted bathrooms, designed with a practical and elegant layout that maximizes comfort and space. Perfectly maintained and move-in ready, this property is an excellent choice for permanent living or a lucrative investment in the Costa del Sol. One of its standout features is the expansive terrace with open views over the lush golf course, providing an ideal outdoor space to relax and enjoy the year-round sunshine. The apartment also includes a private garage and a storage room for added convenience, with communal outdoor parking available for residents and visitors. Situated within a secure, gated community, residents have access to two swimming pools and beautifully landscaped gardens, offering a peaceful and attractive environment. Located just minutes from local amenities and surrounded by natural beauty, this Mijas property combines tranquility with excellent connectivity. Whether you're seeking a permanent home or a smart investment in Mijas, Spain, this residence presents a unique opportunity to own a property in one of the most desirable areas of the Costa del Sol.
Location
Nightly rates in the area
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