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Apartment in La Cala de Mijas, 2 bedrooms, 70 m² €539.950

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Bedrooms

Bathrooms

70 m²

Surface area

€

€7714

Price per m²

Apartment

Property type

Apartment in La Cala de Mijas, 2 bedrooms, 70 m² - Afbeelding 1

Apartment in La Cala de Mijas, 2 bedrooms, 70 m² - Afbeelding 2

Apartment in La Cala de Mijas, 2 bedrooms, 70 m² - Afbeelding 3

+9 photos

Analysis

Price

€539.950

Own investment (30%)

30% down payment of purchase price

€161.985

Buyer costs

Buyer costs: 10% of purchase price

€53.995

Estimated nightly rate

€101,75

Expected occupancy rate

68%

Gross rental p/m

€0000 Sign in to view

Mortgage costs

This is the monthly interest you pay for the mortgage(3.2%interest)

-€1.007,91

Maintenance costs

Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.

-€58,33

Cleaning costs

Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.

-€291,67

Platform fees

15% commission based on average fees from Booking.com and Airbnb

-€315,68

Municipal taxes

Municipal taxes for La Cala de Mijas

-€127,24

Tax (19%)

This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.

-€57,70

Cashflow p.m.

Earned back in

Time to earn back own investment + buyer costs.

00months

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Nightly Rates

Estimated nightly rate

€101,75

High season

€136

Mid season

€99,17

Low season

€81

Price determining factors

Property condition: Good condition, attractive for buyers and renters.
Local market trends in 2027: Favorable due to tourism growth and infrastructure development.
Property type: Beachfront location adds premium value.
Economic outlook in 2027: Strong economic growth supports higher property prices.
Demographic developments: Growing expatriate and retiree populations increase demand.
Infrastructure plans in 2027: Enhanced transportation and local amenities boost property appeal.
Historical WOZ value trends: Upward trend supports future appreciation.

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

1.37%

5 Year Return

6.85%

10 Year Return

13.70%

ROI Distribution

Value development

Factors for value appreciation

Property condition: Well-maintained with recent updates, which can attract higher rental income and resale value.
Local market trends in 2027: Expected steady growth due to tourism and demand for beachfront properties.
Property type: Popular beachfront apartment, highly desirable for holiday rentals and permanent residence.
Economic outlook in 2027: Positive, with growth in tourism and real estate sectors supporting property values.
Demographic developments: Increasing number of retirees and expatriates seeking seaside living.
Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in La Cala de Mijas, enhancing accessibility and attractiveness.
Historical WOZ value trends: Consistent increase over the past years, indicating rising property values.

Possible improvements

Renovate the kitchen and bathroom for modern appeal.
Upgrade the terrace with outdoor furniture and lighting.
Improve interior decor to enhance aesthetic appeal.
Add smart home features for convenience and modernity.
Landscaping and garden enhancements to increase curb appeal.

Description

Discover this exceptional beachfront apartment in La Cala de Mijas, Spain — an exclusive opportunity for seaside living in one of the most sought-after coastal destinations on the Costa del Sol. This charming 1-bedroom, 1-bathroom apartment is situated in a prestigious gated community that offers direct access to the beautiful La Cala de Mijas beach, making it ideal for both permanent residence and holiday getaways. The property features a versatile additional space, currently set up with a second bed, perfect for guests or extra leisure area. Enjoy unforgettable sea views from the south-facing terrace, allowing you to bask in sunlight all day long while listening to the calming waves. The community boasts lush gardens, a communal swimming pool, and private access to the coastal boardwalk, providing a seamless blend of comfort and convenience. Located just steps from the Mediterranean Sea, this beachfront apartment in La Cala de Mijas presents a rare opportunity to own a slice of paradise on the Costa del Sol. Whether you're seeking a permanent home, a holiday retreat, or an attractive investment property, this residence offers unbeatable proximity to the beach, stunning sea vistas, and the vibrant amenities of La Cala de Mijas.