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Apartment in La Cala de Mijas, 2 bedrooms, 131 m² €349.950

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2
Bedrooms
2
Bathrooms
131 m²
Surface area
€
€2671
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 2 bedrooms, 131 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 2 bedrooms, 131 m² - Afbeelding 1
Apartment in La Cala de Mijas, 2 bedrooms, 131 m² - Afbeelding 2
Apartment in La Cala de Mijas, 2 bedrooms, 131 m² - Afbeelding 3
+18 photos

Analysis

Price
€349.950
Own investment (30%)
€104.985
Buyer costs
€34.995
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€653,24
Maintenance costs
-€109,17
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€86,86
Tax (19%)
-€155,40
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 beaches and town center: Enhances desirability.
  • Views and outdoor spaces: Panoramic sea views and terraces increase value.
  • Community amenities: Pool, paddle tennis court, secure parking add appeal.
  • Property condition: Modern and well-maintained, attracting premium prices.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

7.57%

5 Year Return

37.85%

10 Year Return

75.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, likely to attract buyers and renters.
  • Local market trends in 2027: Expected growth due to increasing popularity of Costa del Sol as a desirable destination.
  • Property type: Duplex apartments tend to appreciate well in high-demand areas.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe, supporting real estate appreciation.
  • Demographic developments: Growing expatriate and retiree populations increasing demand for properties.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities in La Cala de Mijas.
  • Historical WOZ value trends: Consistent increase in property values in the region over the past decade.

Possible improvements

  • Renovate kitchen and bathrooms for a more contemporary look.
  • Upgrade outdoor furniture and landscaping to enhance outdoor appeal.
  • Install energy-efficient appliances and solar panels to reduce utility costs.
  • Add smart home features for increased convenience and modernity.

Description

Discover this exclusive duplex apartment for sale in La Cala de Mijas, Spain, offering breathtaking panoramic sea views and the ultimate Mediterranean lifestyle. Situated in the coveted Las Terrazas de La Cala de Mijas community, this stunning property combines modern elegance with functional living spaces. The main floor features a spacious, luminous living and dining area that seamlessly connects to a private terrace, perfect for enjoying spectacular coastal vistas. The terrace leads up to a sun-drenched solarium, ideal for relaxing or entertaining guests. A fully equipped contemporary kitchen and a guest toilet complement this level. The lower floor hosts two double bedrooms and two full bathrooms, including an en suite, providing comfort and privacy. This La Cala de Mijas property also includes a secure underground parking space and access to premium communal amenities such as a swimming pool and paddle tennis court. Located just minutes from the beautiful beaches and vibrant town center of La Cala de Mijas, this duplex apartment is an ideal residence for those seeking a luxurious home in Spain’s Costa del Sol. Whether for permanent living or a holiday retreat, this property offers exceptional value and an unbeatable location in La Cala de Mijas, Spain.

Location

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