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3
Bedrooms
2
Bathrooms
101 m²
Surface area
€
€6040
Price per m²
Apartment
Property type
+46 photos
Analysis
Price
€610.000
Own investment (30%)
€183.000
30% down payment of purchase price
Buyer costs
€61.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,15
Expected occupancy rate
64%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€1.138,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€84,17
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
-€470,56
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€142,12
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€183,96
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
€161,15
High season
€204
Mid season
€156,42
Low season
€124
Price determining factors
- Strong demand for holiday and permanent residences in Costa del Sol.
- Growing popularity of La Cala de Mijas as a desirable location.
- Limited new developments in the immediate area, maintaining scarcity 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
3.86%
5 Year Return
19.30%
10 Year Return
38.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern finishes, and recent renovations enhance value.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Add smart home technology for modern convenience.
- Enhance outdoor space with landscaping or additional amenities.
Description
Discover this stunning corner apartment for sale in La Cala de Mijas, Spain, situated within the highly sought-after Las Banderas complex. This modern, light-filled property offers three bedrooms, two bathrooms, and a spacious terrace with breathtaking mountain and sea views, ideal for enjoying sunny Costa del Sol days. Located on the first floor with elevator access, the apartment features a seamless open-plan living and kitchen area that opens onto a sunny terrace, perfect for morning coffees. The master bedroom boasts an en-suite bathroom, while the additional bedrooms share a stylish bathroom, each with built-in wardrobes, air conditioning, and double-glazed windows ensuring comfort year-round. The gated community provides 24-hour concierge service, beautifully maintained gardens, three outdoor pools, an indoor pool, a social lounge with barbecue area, sauna, gym, paddle tennis court, and children's playground—making it perfect for relaxing or active lifestyles. Included with the property are a private parking space, an 8 m² storage room, and partial furnishings. Located in La Cala de Mijas, this property offers easy access to sandy beaches, golf courses, renowned restaurants, shops, and the vibrant town center featuring a large supermarket. Just 15 minutes from Fuengirola and 20 minutes from Marbella, this apartment is an excellent investment opportunity for those seeking a permanent residence or holiday home on the Costa del Sol. Don’t miss out—schedule your viewing today and embrace the best of La Cala de Mijas, Spain.
Location
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Nightly rates in the area
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