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2
Bedrooms
2
Bathrooms
75 m²
Surface area
€
€4933
Price per m²
Apartment
Property type
+40 photos
Analysis
Price
€370.000
Own investment (30%)
€111.000
30% down payment of purchase price
Buyer costs
€37.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€690,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€62,50
{% 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
-€345,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€92,19
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€156,15
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
€111,42
High season
€149
Mid season
€108,50
Low season
€87
Price determining factors
- Proximity to the beach and amenities: High desirability increases property value.
- Tourism demand: Strong tourist influx supports rental income and property appreciation.
- Property features: Modern renovations and sea views add premium value.
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
7.20%
5 Year Return
36.00%
10 Year Return
72.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value appreciation.
- Local market trends in 2027: Growing demand for holiday rentals and second homes on the Costa del Sol.
- Property type: Apartments in popular tourist destinations tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, boosting real estate investments.
- Demographic developments: Increasing number of retirees and expatriates settling in the region.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property appeal.
- Historical WOZ value trends: Consistent increase in property values in La Cala de Mijas area.
Possible improvements
- Adding a balcony or extending the terrace for more outdoor space.
- Upgrading kitchen and bathroom fixtures for modern appeal.
- Enhancing energy efficiency with solar panels or better insulation.
- Landscaping the communal gardens to improve aesthetics.
Description
Discover this beautifully renovated 2-bedroom, 2-bathroom apartment in La Cala de Mijas, Spain, offering stunning sea views just 500 meters from the beach. Located in the charming Pueblo Andaluz complex, this modern first-floor residence features a bright, open-plan living space with large windows and patio doors that lead to a private terrace overlooking the Mediterranean. The apartment is perfect for both holidaymakers and long-term residents, with the flexibility to rent out short-term and capitalize on La Cala de Mijas's strong tourist demand. Residents enjoy access to lush tropical gardens and a communal pool area, including a large swimming pool and a children's pool, creating a relaxing oasis. Situated within walking distance to El Bombo beach, local shops, supermarkets like Lidl, and the vibrant Jardin Botanico area with excellent dining options, this property offers an unbeatable location on Spain’s Costa del Sol. Easy access to the A7 motorway ensures quick travel across the region. With a fully fitted kitchen, air conditioning, and optional furniture, this apartment combines comfort with convenience. Whether seeking a holiday retreat or an investment opportunity, this La Cala de Mijas apartment presents a unique chance to own a modern home in one of Spain’s most desirable seaside locations, with strong rental potential and great amenities nearby.
Location
Nightly rates in the area
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