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1
Bedrooms
1
Bathrooms
69 m²
Surface area
€
€4928
Price per m²
Apartment
Property type
+2 photos
Analysis
Price
€340.000
Own investment (30%)
€102.000
30% down payment of purchase price
Buyer costs
€34.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€80,99
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€634,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€57,50
{% 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
-€254,97
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€84,75
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€71,48
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
€80,99
High season
€109
Mid season
€78,92
Low season
€61
Price determining factors
- Proximity to beaches, golf courses, and amenities.
- Quality of communal facilities and views.
- Property size and layout.
- Market demand for holiday and investment properties.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €111 | Stunning apartment with ocean views | 4.5 km |
| €287,40 | Casita with fantastic views | 10.3 km |
| €165,60 | Beautiful Mijas Pueblo Townhouse with sea views | 10.6 km |
| €80 | "The Bridge" Los Monteros | 12.8 km |
| €120,20 | Charming retreat with sunny terrace | 18.3 km |
| €122,20 | Bonita Casa Cuca | 18.3 km |
| €39,60 | La EcoCasita in Malaga | 19.6 km |
| €154,20 | Casa Del Mirador, Private Pool and Hot Tub, Views | 19.4 km |
| €95,60 | Authentic rural little house with private pool | 19.9 km |
| €57,80 | ***Beautiful Downtown Studio, Garden and Pool*** | 17.5 km |
Return & Value appreciation
Annual return
3.59%
5 Year Return
17.95%
10 Year Return
35.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartments with high-quality materials.
- Local market trends in 2027: Expected growth due to increasing demand for seaside and golf course properties.
- Property type: Apartments in a luxury development attract higher appreciation.
- Economic outlook in 2027: Positive, with steady growth in Spain's economy and tourism sector.
- Demographic developments: Growing expatriate and retiree populations seeking coastal living.
- Infrastructure plans in 2027: Improved transportation links and local amenities enhancing accessibility.
- Historical WOZ value trends: Consistent increase reflecting rising property values.
Possible improvements
- Adding modern smart home features.
- Upgrading interior finishes and appliances.
- Enhancing outdoor spaces with landscaping or additional amenities.
- Improving energy efficiency with solar panels or better insulation.
Description
Discover exceptional living at this new development in La Cala de Mijas, Spain, with prices ranging from €340,000 to €870,000. This exclusive residential complex offers modern apartments with 1 to 3 bedrooms and 1 to 2 bathrooms, ranging in built size from 69m² to 144m². Nestled next to La Noria Golf Course in a vibrant, well-established area, these homes provide the perfect blend of seaside tranquility and golf course leisure. Located in La Cala de Mijas, Spain, this premium development is part of a fully operational community featuring extensive communal amenities. The project comprises 78 stylish homes across two phases, with the first phase including 50 units and the newly launched second phase adding 28 more contemporary residences. Each apartment is thoughtfully designed to maximize natural light, featuring spacious interiors, large windows, and high-quality materials for comfort and durability. Underfloor heating is standard across all units, ensuring cozy living year-round. Unique to the lowest-floor apartments, elevated 9 meters above street level, residents enjoy panoramic views and added safety, mimicking the experience of a fourth-floor apartment from the ground level. The prime location offers effortless access to beaches, golf courses, diverse dining options in La Cala de Mijas, and vibrant shopping centers just 10 minutes away via nearby highways. Whether investing or seeking a permanent residence, this property in La Cala de Mijas, Spain, presents an exceptional opportunity to enjoy the Costa del Sol lifestyle in a modern, well-connected setting.
Location
Nightly rates in the area
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