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Apartment in La Cala de Mijas, 2 bedrooms, 69 m² €475.000

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2
Bedrooms
2
Bathrooms
69 m²
Surface area
€
€6884
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 2 bedrooms, 69 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 2 bedrooms, 69 m² - Afbeelding 1
Apartment in La Cala de Mijas, 2 bedrooms, 69 m² - Afbeelding 2
Apartment in La Cala de Mijas, 2 bedrooms, 69 m² - Afbeelding 3
+11 photos

Analysis

Price
€475.000
Own investment (30%)
€142.500
Buyer costs
€47.500
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€886,67
Maintenance costs
-€57,50
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€113,44
Tax (19%)
-€115,82
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

  • Location in La Cala de Mijas: Highly desirable area with strong demand.
  • Proximity to amenities and beaches: Enhances attractiveness for buyers and renters.
  • Views and outdoor space: Breathtaking views and large terraces increase desirability.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

4.16%

5 Year Return

20.80%

10 Year Return

41.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and upgraded, which supports value retention and appreciation.
  • Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand.
  • Property type: Luxury penthouse, which tends to appreciate faster in premium locations.
  • Economic outlook in 2027: Positive, with growth in Spain's economy and tourism sector.
  • Demographic developments: Increasing number of retirees and expatriates seeking luxury properties.
  • Infrastructure plans in 2027: Improvements in transportation and amenities in La Cala de Mijas, boosting property values.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Adding a modern smart home system.
  • Upgrading kitchen appliances and finishes.
  • Enhancing outdoor living spaces with additional features.
  • Installing energy-efficient systems to reduce running costs.

Description

Discover this stunning refurbished penthouse in the prestigious Los Prados del Golf complex, located in the heart of La Cala de Mijas, Spain. This exceptional property offers a perfect blend of modern luxury and convenience, featuring high-end upgrades throughout. The penthouse boasts spacious living areas with contemporary finishes, a fully equipped kitchen, and expansive terraces that provide breathtaking views of the surrounding golf courses and Mediterranean scenery. Designed for seamless indoor-outdoor living, this residence is ideal for those seeking a luxurious lifestyle in La Cala de Mijas. Located just a short, flat walk into the charming town of La Cala de Mijas, residents enjoy easy access to a variety of amenities, including restaurants, shops, beaches, and recreational facilities. The Los Prados del Golf complex offers exclusive amenities such as landscaped gardens, a swimming pool, and secure parking, making it a highly desirable location for buyers looking for a premium property in La Cala de Mijas, Spain. Whether as a permanent residence or a holiday retreat, this turnkey-ready penthouse presents a rare opportunity to own a modern, upgraded property in one of the most sought-after areas of La Cala de Mijas. Experience the perfect combination of style, comfort, and location in this exceptional Spanish property.

Location

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