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3
Bedrooms
4
Bathrooms
227 m²
Surface area
€
€4383
Price per m²
House
Property type
+24 photos
Analysis
Price
€995.000
Own investment (30%)
€298.500
30% down payment of purchase price
Buyer costs
€99.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€208,76
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€1.857,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€189,17
{% 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
-€628,63
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€188,70
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€188,80
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
€208,76
High season
€293
Mid season
€203
Low season
€160
Price determining factors
- Proximity to the beach and amenities: Enhances desirability.
- Modern refurbishment: Attracts higher-end buyers and renters.
- Community facilities: Access to a pool and gated community adds 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
2.43%
5 Year Return
12.15%
10 Year Return
24.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports appreciation.
- Local market trends in 2027: Expected steady growth due to high demand in La Cala de Mijas.
- Property type: Villa, which generally appreciates well in desirable locations.
- Economic outlook in 2027: Positive, with Spain's economy expected to recover and grow.
- Demographic developments: Increasing demand from expatriates and retirees.
- Infrastructure plans in 2027: Improvements in transportation and amenities in La Cala de Mijas.
- Historical WOZ value trends: Consistent increase over the past years, indicating rising property values.
Possible improvements
- Adding a swimming pool or upgrading existing outdoor spaces.
- Installing energy-efficient appliances and solar panels.
- Enhancing outdoor entertainment areas, such as a terrace or garden.
- Modernizing bathrooms and kitchen for contemporary appeal.
Description
Discover this exceptional property in La Cala de Mijas, Spain, offering the perfect blend of spacious villa living and low-maintenance convenience. Located just steps from the vibrant center of La Cala, this beautifully renovated home provides modern comforts and versatile spaces tailored for comfortable living or lucrative rentals. The property features an expansive open-plan living area on the ground floor, seamlessly connecting to a stylish kitchen and dining space. Upstairs, you'll find three well-appointed bedrooms and three bathrooms, complemented by two versatile loft rooms and a stunning rooftop solarium, ideal for relaxing or entertaining. The lower level boasts a separate games room or gym with its own bathroom and kitchenette, making it perfect for a guest suite or private apartment. Additional highlights include a large private garage, driveway, and access to a gated community with a swimming pool. This unique La Cala de Mijas property combines contemporary refurbishment with prime location benefits, providing an ideal investment or family home in Spain. Don’t miss the opportunity to own a truly exceptional residence in La Cala de Mijas, Spain, where convenience meets luxury.
Location
Nightly rates in the area
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