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3
Bedrooms
2
Bathrooms
167 m²
Surface area
€
€5329
Price per m²
House
Property type
+79 photos
Analysis
Price
€890.000
Own investment (30%)
€267.000
30% down payment of purchase price
Buyer costs
€89.000
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
-€1.661,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€139,17
{% 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
-€170,10
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€68,89
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 and golf courses: Highly desirable location.
- Community amenities: Pool, gym, sauna, and social lounge add value.
- Views and outdoor space: Sea views and terraces are premium features.
- Property condition: Modern, high-quality finishes.
- Local development projects: New commercial and recreational facilities.
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
0.99%
5 Year Return
4.95%
10 Year Return
9.90%
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 real estate demand.
- Property type: High-end apartments and penthouses attract premium buyers.
- Economic outlook in 2027: Positive, with stable growth in Spain and the Costa del Sol.
- Demographic developments: Increasing demand from retirees and expatriates.
- Infrastructure plans in 2027: Improved transportation and amenities boost attractiveness.
- Historical WOZ value trends: Steady increase reflecting rising property values.
Possible improvements
- Adding a private pool or jacuzzi.
- Upgrading kitchen and bathroom fixtures.
- Enhancing outdoor terraces with landscaping or outdoor kitchens.
- Installing smart home technology.
- Improving energy efficiency with solar panels or better insulation.
Description
Discover luxurious living in the heart of La Cala de Mijas, Spain, with this stunning new development offering modern apartments and penthouses. Priced from €890,000, these spacious homes feature 3 bedrooms, 2 bathrooms, and a generous 167m2 of built space, perfect for families or discerning investors seeking high-quality property in La Cala de Mijas. Each residence boasts expansive terraces, many with breathtaking sea views, and select units include private garages with direct access, enhancing convenience and security. Situated in a tranquil Mediterranean setting, this residential complex combines comfort and elegance with thoughtfully designed open-plan living spaces, premium finishes, and customizable options such as lift installations. Residents enjoy access to exclusive communal amenities, including beautifully landscaped gardens, a swimming pool, gym, sauna, and a social-gourmet lounge, fostering a vibrant community atmosphere. Located in La Cala de Mijas, the property offers walking distance to pristine beaches, proximity to the Golf Valley, and easy connectivity to Marbella, Fuengirola, and other key destinations along Spain’s Costa del Sol. This prime location provides exceptional access to golf courses, shopping centers, and essential services, making it an ideal choice for those seeking a high-end lifestyle in La Cala de Mijas, Spain. Invest in this distinguished development and experience the best of Mediterranean living with all the comforts and conveniences at your doorstep.
Location
Nightly rates in the area
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