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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€7292
Price per m²
House
Property type
+32 photos
Analysis
Price
€875.000
Own investment (30%)
€262.500
30% down payment of purchase price
Buyer costs
€87.500
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
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Mortgage costs
-€1.633,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€100
{% 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
-€167,45
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€82,15
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 the sea and amenities: Enhances desirability.
- Renovation quality: Modern features and solar panels add value.
- Community facilities: Pools, tennis courts, and gardens increase attractiveness.
- Short-term rental permit: Expands income potential, boosting property value.
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
1.20%
5 Year Return
6.00%
10 Year Return
12.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Modern renovations and high-quality finishes enhance value.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in popular areas like La Cala de Mijas.
- Property type: Townhouses in desirable locations tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain and Europe supports real estate investments.
- Demographic developments: Increasing number of retirees and holidaymakers boosting rental and resale markets.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Mijas area.
- Historical WOZ value trends: Consistent increase in property values in the region over recent years.
Possible improvements
- Adding a private pool or hot tub.
- Upgrading kitchen appliances and finishes.
- Enhancing outdoor spaces with landscaping or a BBQ area.
- Installing smart home technology for added convenience.
- Improving energy efficiency with additional solar panels or insulation.
Description
Discover this exceptional townhouse for sale in La Cala de Mijas, Spain, nestled within the prestigious Mijas Playa Club. Perfectly situated just 50 meters from the Mediterranean Sea, this beautiful property offers a blend of modern comfort and coastal charm. The spacious living area features an open-plan design with a dining space and a fully equipped kitchen with brand-new appliances, ideal for family living or holiday retreats. Step outside to a charming terrace with a small garden, seamlessly connected to the community's inviting swimming pool. The ground floor also includes a convenient separate toilet and a private patio at the rear. Upstairs, the master bedroom boasts a private bathroom and a charming terrace with sea views, complemented by two additional bedrooms and a shared bathroom. The top floor features a stunning rooftop terrace with panoramic sea views, perfect for entertaining or relaxing. Completely renovated in 2024, the property benefits from modern electrical systems, solar panels, and high-quality finishes. The townhouse is part of a well-maintained community offering two swimming pools, a tennis court, and lush communal gardens. With a permit for short-term rentals, this property is an excellent investment opportunity in La Cala de Mijas. Whether you're seeking a luxurious holiday home or a lucrative rental property, this residence combines location, comfort, and potential for high rental returns. Don't miss your chance to own this seaside gem in La Cala de Mijas, Spain.
Location
Nightly rates in the area
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