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Apartment in La Cala de Mijas, 2 bedrooms, 100 m² €390.000

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2
Bedrooms
2
Bathrooms
100 m²
Surface area
€
€3900
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 2 bedrooms, 100 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 2 bedrooms, 100 m² - Afbeelding 1
Apartment in La Cala de Mijas, 2 bedrooms, 100 m² - Afbeelding 2
Apartment in La Cala de Mijas, 2 bedrooms, 100 m² - Afbeelding 3
+30 photos

Analysis

Price
€390.000
Own investment (30%)
€117.000
Buyer costs
€39.000
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€728
Maintenance costs
-€83,33
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€95,38
Tax (19%)
-€144,49
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€111,42
High season
€149
Mid season
€108,50
Low season
€87

Price determining factors

  • Proximity to the beach and town center: Enhances desirability.
  • Community amenities: Pool, indoor garden, private parking add value.
  • Property size and layout: Spacious with outdoor garden space.
  • Condition of the property: Modern, well-maintained interiors.
  • Local development projects: New commercial and recreational facilities planned.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

6.32%

5 Year Return

31.60%

10 Year Return

63.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern interiors, and recent upgrades can enhance value.
  • Local market trends in 2027: Growing demand for holiday and retirement homes along Costa del Sol.
  • Property type: Apartments in desirable locations tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain and increased foreign investment.
  • Demographic developments: Increasing number of retirees and expatriates seeking properties in Spain.
  • Infrastructure plans in 2027: Planned improvements in transportation, healthcare, and amenities in La Cala de Mijas.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade outdoor garden with landscaping or outdoor furniture.
  • Add smart home features for convenience.
  • Improve energy efficiency with solar panels or insulation.
  • Enhance security features for added safety.

Description

Discover this spacious 2-bedroom apartment in the desirable area of La Cala de Mijas, Spain, perfect for buyers seeking comfort and convenience on the Costa del Sol. This beautifully maintained property features a semi-open, fully equipped kitchen with modern built-in appliances, adjacent to a separate laundry room with a washer and dryer. The generous living room offers ample space for dining and relaxation, with direct access to a private south-facing garden of 40 m² — ideal for outdoor entertaining or tranquil retreats. The garden provides privacy, separated from the community garden, and leads to the community’s large swimming pool, making it perfect for leisure and recreation. The master bedroom includes built-in wardrobes, access to the garden, and a luxurious en suite bathroom, while the second bedroom also has garden access and fitted wardrobes. A second bathroom adds to the apartment’s spacious and functional layout, ensuring comfort for residents and guests alike. Residents enjoy access to the community’s stunning indoor garden and swimming pool, enhancing the lifestyle experience in La Cala de Mijas. The property also benefits from a private parking space. Located just a 3-minute drive from La Cala de Mijas town center, this apartment offers the perfect combination of tranquility and accessibility. Whether you're looking for a permanent residence or a holiday home in Spain, this La Cala de Mijas property is an exceptional opportunity to invest in prime real estate along the Costa del Sol.

Location

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