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2
Bedrooms
2
Bathrooms
70 m²
Surface area
ā¬
ā¬4643
Price per m²
Apartment
Property type
+12 photos
Analysis
Price
ā¬325.000
Own investment (30%)
ā¬97.500
30% down payment of purchase price
Buyer costs
ā¬32.500
Buyer costs: 10% of purchase price
Estimated nightly rate
ā¬111,42
Expected occupancy rate
68%
Gross rental p/m
Log in to see the annual gross rental income
ā¬0000
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Mortgage costs
-ā¬606,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-ā¬58,33
{% trans 'Estimated annual maintenance costs (10ā¬/m²). This is the
rule of thumb for existing and older homes. For new construction,
this is usually lower.' %}
Cleaning costs
-ā¬291,67
Annual cleaning costs:ā¬3500 (ā¬291.67/month).Based on number of bedrooms.
Platform fees
-ā¬345,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-ā¬81,56
Municipal taxes for La Cala de Mijas
Tax
(19%)
-ā¬174,92
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
ā¬111,42
High season
ā¬149
Mid season
ā¬108,50
Low season
ā¬87
Price determining factors
- Proximity to beaches, amenities, and golf courses.
- Community facilities like pools and landscaped gardens.
- Modern interior features and furnishings.
- Views of sea and mountains.
- Low community fees and maintenance costs.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
9.18%
5 Year Return
45.90%
10 Year Return
91.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated features enhance value.
- Local market trends in 2027: Growing demand for coastal properties on the Costa del Sol.
- Property type: Apartments in desirable complexes tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain and increased foreign investment.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities support property values.
- Historical WOZ value trends: Consistent appreciation in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Add smart home technology for enhanced convenience.
- Improve outdoor furniture and decor on the terrace.
- Implement energy-efficient solutions like solar panels.
- Enhance interior decor to increase aesthetic appeal.
Description
Discover this stunning 2-bedroom apartment for sale in the highly desirable Ćngel de Miraflores complex, located in the vibrant coastal town of La Cala de Mijas on the Costa del Sol, Spain. This beautifully maintained residence offers modern comforts, including a master bedroom with air conditioning and ceiling fan, a recently renovated en-suite bathroom with underfloor heating, and a guest bedroom with ceiling fan. The bright living room features air conditioning and sliding doors leading to a spacious 12 m² terrace with panoramic views of the sea, mountains, community gardens, and pool. The open-plan kitchen is fully fitted and recently updated, complemented by elegant marble flooring and fiber optic connectivity throughout.
The Ćngel de Miraflores complex provides a tranquil, well-landscaped environment with lush communal gardens, two large swimming poolsāincluding one open year-roundāand a children's pool, all within a safe, friendly community. The complex is just a short walk from local amenities such as supermarkets, restaurants, and bars, with easy access to La Cala de Mijasā beautiful beaches and scenic coastal boardwalk. The area is renowned for its vibrant atmosphere, weekly markets, and proximity to several golf courses, including La Cala Golf.
This property is sold fully furnished and is ideal for both permanent residence and holiday investment. With low community fees of just ā¬56 per month and convenient road access to Marbella and Fuengirola, this La Cala de Mijas apartment offers an exceptional opportunity to enjoy the Costa del Sol lifestyle in Spain. Schedule your viewing today and experience the perfect blend of comfort, location, and seaside charm.
Location
Nightly rates in the area
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