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House in La Cala de Mijas, 3 bedrooms, 236 m² €599.000

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3
Bedrooms
2
Bathrooms
236 m²
Surface area
€2538
Price per m²
House
Property type
House in La Cala de Mijas, 3 bedrooms, 236 m² - Hoofdafbeelding
House in La Cala de Mijas, 3 bedrooms, 236 m² - Afbeelding 1
House in La Cala de Mijas, 3 bedrooms, 236 m² - Afbeelding 2
House in La Cala de Mijas, 3 bedrooms, 236 m² - Afbeelding 3
+36 photos

Analysis

Price
€599.000
Own investment (30%)
€179.700
Buyer costs
€59.900
Estimated nightly rate
€161,15
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€1.118,13
Maintenance costs
-€196,67
Cleaning costs
-€333,33
Platform fees
-€470,56
Municipal taxes
-€139,79
Tax (19%)
-€166,93
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€161,15
High season
€204
Mid season
€156,42
Low season
€124

Price determining factors

  • Proximity to beaches and amenities: Enhances desirability and value.
  • Views and outdoor space: Panoramic sea and countryside views increase appeal.
  • Property condition: Renovations can significantly boost market value.
  • Local development projects: New infrastructure or commercial developments can raise property prices.

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

3.56%

5 Year Return

17.80%

10 Year Return

35.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The current state appears cluttered and may require renovation to maximize value.
  • Local market trends in 2027: The Costa del Sol region is expected to remain popular, supporting property appreciation.
  • Property type: Villas tend to appreciate well in desirable locations due to their appeal and privacy.
  • Economic outlook in 2027: Spain's economy is projected to grow steadily, which can positively influence real estate prices.
  • Demographic developments: An increasing number of expatriates and retirees are attracted to the Costa del Sol, boosting demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities are likely to enhance property values.
  • Historical WOZ value trends: Past trends indicate steady growth in property values in La Cala de Mijas.

Possible improvements

  • Renovate interior spaces to modern standards.
  • Improve outdoor areas, including landscaping and pool area.
  • Convert storage room into a guest apartment or studio.
  • Upgrade kitchen and bathrooms for increased appeal.

Description

Discover this charming independent 3-bedroom villa with a private pool in La Cala de Mijas, Spain, offering breathtaking panoramic views of the countryside and the Mediterranean Sea. Nestled in the tranquil hills of La Cala de Mijas, this Spanish villa is just a short 5-minute drive from vibrant town centers and pristine beaches, making it an ideal coastal retreat. The property features high beamed ceilings and a large open fireplace in the spacious living and dining areas, creating a warm and inviting atmosphere. Step outside to enjoy expansive terraced spaces perfect for outdoor dining, entertaining, or relaxing while soaking in stunning views of the coastline and, on clear days, the African horizon. The villa’s generous plot provides ample space for gardening or outdoor activities, complemented by a private swimming pool for ultimate relaxation. Additionally, a large separate storage room offers excellent potential for conversion into a guest apartment or studio, adding versatile living options. This La Cala de Mijas villa combines exceptional charm, privacy, and practicality, making it an excellent investment for those seeking a scenic, outdoor lifestyle on Spain’s Costa del Sol. With its unique blend of character and modern comfort, this property is a perfect opportunity for buyers looking for a home with panoramic sea views, outdoor living, and proximity to the best beaches and amenities in La Cala de Mijas, Spain.

Location

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