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1
Bedrooms
1
Bathrooms
46 m²
Surface area
€
€6264
Price per m²
Apartment
Property type
+18 photos
Analysis
Price
€451.000
Own investment (30%)
€135.300
30% down payment of purchase price
Buyer costs
€45.100
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
-€841,87
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€38,33
{% 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
-€88,36
Municipal taxes for Mijas Costa
Tax
(19%)
-€35,07
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
- Location in La Cala de Mijas with sea and mountain views.
- Proximity to beaches, golf courses, and natural parks.
- Community amenities including pools, wellness, and outdoor spaces.
- Sustainable construction and smart technology features.
- Potential for rental income from tourism and short-term rentals.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €111 | Stunning apartment with ocean views | 3.0 km |
| €287,40 | Casita with fantastic views | 6.1 km |
| €165,60 | Beautiful Mijas Pueblo Townhouse with sea views | 5.7 km |
| €80 | "The Bridge" Los Monteros | 17.4 km |
| €39,60 | La EcoCasita in Malaga | 17.6 km |
| €154,20 | Casa Del Mirador, Private Pool and Hot Tub, Views | 17.1 km |
| €95,60 | Authentic rural little house with private pool | 18.0 km |
| €57,80 | ***Beautiful Downtown Studio, Garden and Pool*** | 11.6 km |
| €157,60 | Beautiful Wooden Cabin with exclusive use of pool | 20.2 km |
| €140 | Modern & Sea views: Apartment La Roca | 14.8 km |
Return & Value appreciation
Annual return
1.33%
5 Year Return
6.65%
10 Year Return
13.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern design enhances value.
- Local market trends in 2027: Growing demand for luxury coastal properties.
- Property type: Apartments in a high-end development attract premium buyers.
- Economic outlook in 2027: Stable with potential growth due to tourism and real estate investments.
- Demographic developments: Increasing expatriate and retiree populations.
- Infrastructure plans in 2027: Improved transportation and amenities boost desirability.
- Historical WOZ value trends: Consistent appreciation reflecting market stability.
Possible improvements
- Upgrade interior finishes and appliances.
- Add smart home features for enhanced convenience.
- Improve outdoor spaces or balconies.
- Implement energy-efficient systems to reduce costs.
- Enhance security features and smart technology integration.
Description
Discover a luxurious new development in Mijas Costa, Spain, offering exclusive homes with prices starting from €357,000 up to €1,028,500. These modern apartments feature 1 to 3 bedrooms and 1 to 2 bathrooms, with built sizes ranging from 46m² to 156m². Nestled in the sought-after area of La Cala de Mijas, this project comprises 120 meticulously designed residences with breathtaking sea and mountain views. Emphasizing sustainable construction, each home boasts optimal layouts, abundant natural light, contemporary design, and smart technology, complemented by included parking and optional storage. The community spans 31,000 m² and offers an array of amenities aimed at enhancing your lifestyle. Relax in saltwater pools, including an infinity pool for swimming, or unwind in the wellness area featuring a fully equipped gym, spa with heated pool, sauna, and changing facilities. Socialize in the coworking and lounge spaces, enjoy outdoor living with a dedicated outdoor kitchen and chillout zone, or practice yoga on the dedicated terrace. Families will appreciate the children's play area, while sports enthusiasts can enjoy a volleyball court, padel beach, putting green, and organic vegetable gardens. Scenic footpaths and natural landscape areas invite peaceful walks, while a viewpoint offers a perfect reading nook. Surrounded by two golf courses and close to the new Gran Parque Costa del Sol, spanning 360,000 m², this development combines natural beauty with vibrant local culture. Just 3 km from the beaches and gastronomy of Fuengirola and La Cala de Mijas, the property offers an exceptional lifestyle in Mijas Costa, Spain. Experience a harmonious blend of nature, modern living, and wellness in this inspiring Mijas Costa development—your ideal home in Spain's beautiful coast.
Location
Nightly rates in the area
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