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3
Bedrooms
2
Bathrooms
149 m²
Surface area
€
€2953
Price per m²
Apartment
Property type
+46 photos
Analysis
Price
€440.000
Own investment (30%)
€132.000
30% down payment of purchase price
Buyer costs
€44.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€821,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€124,17
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€470,82
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€108,02
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€243,42
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
€161,24
High season
€203
Mid season
€156,75
Low season
€124
Price determining factors
- Proximity to beaches and amenities: Enhances desirability.
- Views and outdoor space: Panoramic sea and mountain views, private garden.
- Property condition: Modern, move-in ready, fully furnished.
- Economic factors: Stable tourism industry, favorable exchange rates for international buyers.
- Local developments: New infrastructure projects, potential hotel or resort expansions.
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
9.43%
5 Year Return
47.15%
10 Year Return
94.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and fully furnished, which supports higher ROI.
- Local market trends in 2027: Expected growth in coastal property demand due to tourism and remote work trends.
- Property type: Ground-floor apartment with private garden and premium amenities, appealing to both holidaymakers and investors.
- Economic outlook in 2027: Positive, with steady growth in Spain's economy and tourism sector.
- Demographic developments: Increasing interest from international buyers and retirees seeking Mediterranean lifestyle.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and connectivity in La Cala de Mijas.
- Historical WOZ value trends: Consistent appreciation in property values in the Costa del Sol region.
Possible improvements
- Adding smart home technology for increased convenience.
- Renovating the kitchen or bathrooms for a modern touch.
- Enhancing outdoor living spaces with additional landscaping or furniture.
- Implementing energy-efficient upgrades to reduce utility costs.
- Expanding storage or adding features like a pergola or outdoor kitchen.
Description
Discover the perfect blend of luxury and investment potential with this stunning ground-floor corner apartment in La Cala de Mijas, Spain. Boasting panoramic sea and mountain views, this property offers an unbeatable Mediterranean lifestyle. The apartment features a modern, fully equipped kitchen with Bosch appliances, a spacious master suite with a private terrace and walk-in shower, and a stylish interior designed for comfort and elegance. Step outside to your private garden and enjoy the breathtaking vistas of the Costa del Sol daily. Located within a premium resort in La Cala de Mijas, this property provides exclusive amenities including a heated outdoor pool, state-of-the-art gym, sauna, on-site restaurant, mini market, and underground parking with storage. The apartment is fully furnished, move-in ready, and comes with a guaranteed rental license—making it an ideal investment for short-term rentals and hassle-free income. Whether seeking a tranquil holiday home or a lucrative investment in La Cala de Mijas, this property offers the perfect opportunity to experience Spain’s renowned coastal lifestyle. Take advantage of this exceptional offer and schedule your viewing today to enjoy the best of Costa del Sol living.
Location
Nightly rates in the area
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