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2
Bedrooms
2
Bathrooms
69 m²
Surface area
€
€8913
Price per m²
Apartment
Property type
+17 photos
Analysis
Price
€615.000
Own investment (30%)
€184.500
30% down payment of purchase price
Buyer costs
€61.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€112,66
Expected occupancy rate
67%
Gross rental p/m
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€0000
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Mortgage costs
-€1.148
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€57,50
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
-€344,39
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€143,19
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€59,12
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
€112,66
High season
€151
Mid season
€109,58
Low season
€90
Price determining factors
- Proximity to beaches, golf courses, and amenities.
- Views of the sea and community pool.
- Modern features and included amenities like underground parking.
- Location in a prestigious community with high demand.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 1.1 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 10.0 km |
| €132,40 | Spectacular house on Carvajal Beach | 10.3 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 10.9 km |
| €166,80 | Chariming and creative house 50m from the beach | 11.3 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 16.5 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 18.1 km |
| €186,80 | Unique place with roof terrace in Old town | 18.3 km |
| €116 | Charming Sea Front Bungalow | 20.6 km |
| €124,86 | Sunny hillside casita in Guaro | 22.0 km |
Return & Value appreciation
Annual return
1.23%
5 Year Return
6.15%
10 Year Return
12.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment enhances value.
- Local market trends in 2027: Growing demand for coastal properties in Spain.
- Property type: Frontline apartment in a desirable community.
- Economic outlook in 2027: Stable with potential growth in tourism and real estate sectors.
- Demographic developments: Increasing interest from international buyers and retirees.
- Infrastructure plans in 2027: Improvements in transportation and amenities in La Cala de Mijas.
- Historical WOZ value trends: Consistent appreciation reflecting market stability.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Add smart home technology for increased convenience.
- Improve outdoor spaces or balcony with landscaping.
- Upgrade climate control systems for energy efficiency.
Description
Discover this exceptional frontline apartment in the prestigious Arruzafa Playa I community of La Cala de Mijas, Spain. This modern, first-floor residence offers stunning views of the community, swimming pool, and the sparkling sea, making it a truly unique opportunity for buyers seeking a luxurious coastal lifestyle in Spain. Featuring two spacious bedrooms and two contemporary bathrooms, this apartment is perfect for both relaxation and entertaining. The building is equipped with a lift for convenience, and residents benefit from an underground garage space and a storage room, ensuring ample space for all needs. Climate control is provided by installed air conditioning and heating systems, ensuring comfort year-round. Located in the highly sought-after area of La Cala de Mijas, this property provides easy access to beautiful beaches, golf courses, and vibrant local amenities. Whether you’re looking for a permanent residence, a holiday home, or an investment opportunity, this La Cala de Mijas apartment offers unbeatable value in Spain’s competitive real estate market. Don’t miss the chance to own a piece of this coveted community—schedule a viewing today and experience the best of coastal living in La Cala de Mijas, Spain.
Location
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Nightly rates in the area
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