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Apartment in La Cala de Mijas, 2 bedrooms, 119 m² €387.000

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2
Bedrooms
2
Bathrooms
119 m²
Surface area
€
€3252
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 2 bedrooms, 119 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 2 bedrooms, 119 m² - Afbeelding 1
Apartment in La Cala de Mijas, 2 bedrooms, 119 m² - Afbeelding 2
Apartment in La Cala de Mijas, 2 bedrooms, 119 m² - Afbeelding 3
+9 photos

Analysis

Price
€387.000
Own investment (30%)
€116.100
Buyer costs
€38.700
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€722,40
Maintenance costs
-€99,17
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€94,74
Tax (19%)
-€142,67
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

  • Historical WOZ value trends: Consistent increase reflecting rising property values.
  • Proximity to amenities and attractions: Close to beaches, golf, and urban centers boosts value.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

6.29%

5 Year Return

31.45%

10 Year Return

62.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern interiors increase appeal.
  • Local market trends in 2027: Growing demand for holiday and investment properties on the Costa del Sol.
  • Property type: Apartments in high-demand tourist and residential area.
  • Economic outlook in 2027: Positive, with steady growth in Spain's economy and tourism sector.
  • Demographic developments: Increasing number of retirees and expatriates seeking property in Spain.
  • Infrastructure plans in 2027: Upgrades to transport and amenities enhancing accessibility and attractiveness.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Add smart home features to increase desirability.
  • Improve outdoor spaces, such as landscaping or adding a small garden.
  • Upgrade fixtures and fittings to premium quality.

Description

Discover this charming 2-bedroom apartment in La Cala de Mijas, Spain, offering a perfect blend of comfort, style, and prime location on the Costa del Sol. This bright and elegant property features a spacious living area that seamlessly opens onto a large private terrace, ideal for outdoor dining and relaxing. From the terrace, a staircase leads down to a lush garden setting, providing a tranquil retreat amidst beautiful surroundings. Residents enjoy access to a communal swimming pool, perfect for sunbathing and cooling off during warm Mediterranean days. Located in a peaceful residential neighborhood, this La Cala de Mijas apartment is just 650 meters from the scenic Calanova Golf Club, making it an excellent choice for golf enthusiasts. A nearby top-rated restaurant and Carrefour supermarket (3 km away) ensure convenience for daily needs. The property is also ideally situated close to the vibrant coastal town of La Cala de Mijas, only 3 km away, with its lively shops, restaurants, and beaches—just 4 km from the sandy shores of La Cala beach. Ideal for investors or holidaymakers, this La Cala de Mijas apartment is within easy reach of Fuengirola train station (17 km), Aquamijas water park (20 km), and Málaga International Airport (38 km). With Marbella and Fuengirola just a short drive, this property offers the perfect base for exploring the best of the Costa del Sol in Spain. Contact us today to secure this fantastic opportunity in La Cala de Mijas.

Location

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