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1
Bedrooms
1
Bathrooms
63 m²
Surface area
€
€6810
Price per m²
Apartment
Property type
+10 photos
Analysis
Price
€429.000
Own investment (30%)
€128.700
30% down payment of purchase price
Buyer costs
€42.900
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
-€800,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€52,50
{% 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
-€254,97
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€103,66
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€37,27
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
- Property condition: Good condition supports higher valuation.
- Local market trends in 2027: Rising property prices in La Cala de Mijas and Costa del Sol.
- Economic outlook in 2027: Positive economic growth in Spain and increased foreign investment.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €111 | Stunning apartment with ocean views | 4.5 km |
| €287,40 | Casita with fantastic views | 10.3 km |
| €165,60 | Beautiful Mijas Pueblo Townhouse with sea views | 10.6 km |
| €80 | "The Bridge" Los Monteros | 12.8 km |
| €120,20 | Charming retreat with sunny terrace | 18.3 km |
| €122,20 | Bonita Casa Cuca | 18.3 km |
| €39,60 | La EcoCasita in Malaga | 19.6 km |
| €154,20 | Casa Del Mirador, Private Pool and Hot Tub, Views | 19.4 km |
| €95,60 | Authentic rural little house with private pool | 19.9 km |
| €57,80 | ***Beautiful Downtown Studio, Garden and Pool*** | 17.5 km |
Return & Value appreciation
Annual return
1.48%
5 Year Return
7.40%
10 Year Return
14.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment with recent updates enhances value.
- Local market trends in 2027: Expected growth due to increasing demand for coastal properties.
- Property type: Apartments in a desirable resort community tend to appreciate steadily.
Possible improvements
- Upgrade kitchen and bathroom fixtures.
- Add smart home features.
- Enhance outdoor spaces or balconies.
- Improve energy efficiency with solar panels or better insulation.
Description
Discover luxurious living in this new development in La Cala de Mijas, Spain, with prices ranging from €429,000 to €1,650,000. These modern apartments feature 1 to 3 bedrooms, 1 to 2 bathrooms, and built sizes from 63m2 to 131m2, offering an ideal blend of comfort and style. Nestled on a gentle slope overlooking the stunning Mediterranean Sea, this exclusive resort-style community provides breathtaking sea views from most homes. Situated within walking distance of La Cala de Mijas's pristine sandy beaches and vibrant town center, residents enjoy easy access to lively seaside restaurants, supermarkets, banks, bars, and local amenities. The expansive promenade along the coast is lined with charming ‘chiringuitos,’ perfect for relaxing seaside dining. The Costa del Sol’s renowned 320 days of sunshine per year creates an inviting environment for outdoor living—whether relaxing by the resort's luxurious swimming pools, enjoying family time at the kids’ play areas, or exploring the diverse recreational activities available exclusively to residents. This secure development offers privacy and peace of mind, making it an excellent investment opportunity, a second home, or a holiday retreat in Spain’s sought-after La Cala de Mijas area. Embrace the Mediterranean lifestyle with stunning sea views, modern amenities, and a vibrant community in this prime La Cala de Mijas property development.
Location
Nightly rates in the area
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