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2
Bedrooms
1
Bathrooms
57 m²
Surface area
€
€6139
Price per m²
Apartment
Property type
+4 photos
Analysis
Price
€349.950
Own investment (30%)
€104.985
30% down payment of purchase price
Buyer costs
€34.995
Buyer costs: 10% of purchase price
Estimated nightly rate
€103,04
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€653,24
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€47,50
{% 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
-€319,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€86,86
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€139,13
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
€103,04
High season
€138
Mid season
€100,42
Low season
€82
Price determining factors
- Strong local demand due to proximity to beaches and golf courses.
- Growing popularity of La Cala de Mijas as a tourist and residential destination.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 1.1 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 10.0 km |
| €132,40 | Spectacular house on Carvajal Beach | 10.3 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 10.9 km |
| €166,80 | Chariming and creative house 50m from the beach | 11.3 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 16.5 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 18.1 km |
| €186,80 | Unique place with roof terrace in Old town | 18.3 km |
| €116 | Charming Sea Front Bungalow | 20.6 km |
| €124,86 | Sunny hillside casita in Guaro | 22.0 km |
Return & Value appreciation
Annual return
6.78%
5 Year Return
33.90%
10 Year Return
67.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which enhances value.
Possible improvements
- Adding a balcony or terrace to increase outdoor living space.
- Upgrading kitchen appliances and fixtures.
- Enhancing energy efficiency with solar panels or better insulation.
Description
Discover this charming renovated apartment in the vibrant heart of La Cala de Mijas, Spain. Perfectly situated just 100 meters from the pristine beaches, this property offers an unbeatable location for beach lovers and golf enthusiasts alike. Nestled on a tranquil side street, the apartment provides a peaceful retreat while remaining close to the bustling restaurants, cafes, and leisure amenities that make La Cala de Mijas a sought-after destination. Ideal as a lock-up-and-go holiday home or a lucrative rental investment, this property boasts a modern kitchen and lounge area, two comfortable bedrooms, and a stylish bathroom. Its low-cost operation is enhanced by the absence of community fees, making it a highly economical choice for buyers. Whether you enjoy relaxing on beach days, playing golf at nearby courses, or dining on terrace restaurants overlooking scenic views, this La Cala de Mijas apartment offers the perfect blend of comfort and location. Don’t miss the opportunity to own a piece of Spain’s desirable Costa del Sol in La Cala de Mijas, where beachside living and vibrant community life await.
Location
Nightly rates in the area
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