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Apartment in Calahonda, 2 bedrooms, 81 m² €354.000

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2
Bedrooms
1
Bathrooms
81 m²
Surface area
€
€4370
Price per m²
Apartment
Property type
Apartment in Calahonda, 2 bedrooms, 81 m² - Hoofdafbeelding
Apartment in Calahonda, 2 bedrooms, 81 m² - Afbeelding 1
Apartment in Calahonda, 2 bedrooms, 81 m² - Afbeelding 2
Apartment in Calahonda, 2 bedrooms, 81 m² - Afbeelding 3
+20 photos

Analysis

Price
€354.000
Own investment (30%)
€106.200
Buyer costs
€35.400
Estimated nightly rate
€86,61
Expected occupancy rate
54%
Gross rental p/m
€0000
Mortgage costs
-€660,80
Maintenance costs
-€67,50
Cleaning costs
-€291,67
Platform fees
-€213,39
Municipal taxes
-€87,72
Tax (19%)
-€19,28
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€86,61
High season
€114
Mid season
€81,75
Low season
€58

Price determining factors

  • Proximity to beaches and amenities: Enhances desirability.
  • Property condition: Well-maintained and modern features increase value.
  • Local market trends: Rising demand for holiday and investment properties.
  • Economic factors: Stable economy and tourism growth.
  • Local developments: New infrastructure projects and community amenities.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

0.93%

5 Year Return

4.65%

10 Year Return

9.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with recent upgrades enhances value.
  • Local market trends in 2027: Expected growth due to tourism and expatriate demand.
  • Property type: Ground floor apartments are popular for accessibility and outdoor space.
  • Economic outlook in 2027: Positive, with steady growth in Spain’s economy and tourism sector.
  • Demographic developments: Increasing retirees and expatriates seeking coastal properties.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Mijas Costa.
  • Historical WOZ value trends: Consistent appreciation reflecting regional growth.

Possible improvements

  • Adding a modern kitchen upgrade.
  • Installing smart home technology.
  • Enhancing outdoor space with additional landscaping.
  • Upgrading bathroom fixtures for a more luxurious feel.
  • Adding solar panels for energy efficiency.

Description

Discover this stunning ground floor apartment in the sought-after urbanization of Calahonda, Spain, offering the perfect blend of comfort and location on the Costa del Sol. This beautifully maintained property features two spacious double bedrooms, including one with a cozy fireplace that opens to a lush garden area—ideal for relaxing or entertaining. The fully renovated bathroom showcases modern fixtures, while the living room boasts a stylish bed sofa, custom furniture, and a charming fireplace, creating a warm, inviting atmosphere. The recently upgraded open-plan kitchen is equipped with high-quality appliances, making it a chef’s dream. Enjoy year-round comfort with air conditioning throughout the apartment. Step outside onto a covered terrace furnished for outdoor dining, complete with a barbecue and Jacuzzi, perfect for enjoying the Mediterranean climate. The property also includes private parking and access to a communal swimming pool set amidst beautifully landscaped gardens, providing a serene environment in a quiet urbanization. Located just a five-minute walk from Calahonda's sandy beaches, this apartment offers unbeatable access to the vibrant coast of Mijas Costa, renowned for its extensive coastline, golf courses, and lively amenities. Mijas Costa, nestled between Fuengirola and Marbella, features popular resorts like La Cala de Mijas and Riviera del Sol, with excellent transport links, shopping centers, and water parks nearby. This Calahonda apartment is an exceptional opportunity for those seeking a seaside retreat or investment property on the Costa del Sol, Spain. Experience the best of coastal living in this prime location, where comfort, convenience, and natural beauty come together.

Location

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