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Apartment in La Cala de Mijas, 2 bedrooms, 75 m² €375.000

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2
Bedrooms
2
Bathrooms
75 m²
Surface area
€
€5000
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 2 bedrooms, 75 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 2 bedrooms, 75 m² - Afbeelding 1
Apartment in La Cala de Mijas, 2 bedrooms, 75 m² - Afbeelding 2
Apartment in La Cala de Mijas, 2 bedrooms, 75 m² - Afbeelding 3
+40 photos

Analysis

Price
€375.000
Own investment (30%)
€112.500
Buyer costs
€37.500
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€700
Maintenance costs
-€62,50
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€92,19
Tax (19%)
-€154,38
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 amenities: Enhances desirability.
  • Tourism demand: Strong, supporting rental income and property value.
  • Property features: Modern renovations, sea views, communal amenities.
  • Economic factors: Regional economic stability, tourism growth, and infrastructure investments.
  • Local developments: Planned upgrades in public transport and leisure facilities.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

7.02%

5 Year Return

35.10%

10 Year Return

70.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports higher appreciation.
  • Local market trends in 2027: Expected to be positive due to increasing tourism and demand for holiday rentals.
  • Property type: Apartments tend to appreciate steadily, especially in desirable locations.
  • Economic outlook in 2027: Likely to be stable or improving, supporting real estate growth.
  • Demographic developments: Growing population of expatriates and tourists, increasing demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in La Cala de Mijas.
  • Historical WOZ value trends: Consistent increase over recent years, indicating rising property values.

Possible improvements

  • Upgrade furniture and interior decor to attract higher rental rates.
  • Add smart home features for modern appeal.
  • Enhance outdoor spaces or balcony furniture.
  • Implement energy-efficient appliances to reduce utility costs.

Description

Discover this beautifully renovated 2-bedroom, 2-bathroom apartment in La Cala de Mijas, Spain, offering stunning sea views just 500 meters from the beach. Located in the charming Pueblo Andaluz complex, this modern first-floor residence features a bright, open-plan living space with large windows and patio doors that lead to a private terrace overlooking the Mediterranean. The apartment is perfect for both holidaymakers and long-term residents, with the flexibility to rent out short-term and capitalize on La Cala de Mijas's strong tourist demand. Residents enjoy access to lush tropical gardens and a communal pool area, including a large swimming pool and a children's pool, creating a relaxing oasis. Situated within walking distance to El Bombo beach, local shops, supermarkets like Lidl, and the vibrant Jardin Botanico area with excellent dining options, this property offers an unbeatable location on Spain’s Costa del Sol. Easy access to the A7 motorway ensures quick travel across the region. With a fully fitted kitchen, air conditioning, and optional furniture, this apartment combines comfort with convenience. Whether seeking a holiday retreat or an investment opportunity, this La Cala de Mijas apartment presents a unique chance to own a modern home in one of Spain’s most desirable seaside locations, with strong rental potential and great amenities nearby.

Location

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