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2
Bedrooms
2
Bathrooms
85 m²
Surface area
€
€5058
Price per m²
Apartment
Property type
+13 photos
Analysis
Price
€429.950
Own investment (30%)
€128.985
30% down payment of purchase price
Buyer costs
€42.995
Buyer costs: 10% of purchase price
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€802,57
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€70,83
{% trans '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
-€345,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€103,86
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€131,09
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
€111,42
High season
€149
Mid season
€108,50
Low season
€87
Price determining factors
- Proximity to beaches and town center: Enhances desirability.
- Community amenities: Pool, tropical gardens, and parking add value.
- Property features: Extended terrace, private garden, modern interiors.
- Market demand: High for properties in this sought-after location.
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
5.20%
5 Year Return
26.00%
10 Year Return
52.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and furnished, which supports steady appreciation.
- Local market trends in 2027: Expected growth in demand for holiday and retirement homes in Costa del Sol.
- Property type: Garden apartment with outdoor space, highly desirable in the region.
- Economic outlook in 2027: Positive, with tourism and real estate sectors expected to grow.
- Demographic developments: Increasing number of retirees and expatriates seeking properties in Spain.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in La Cala de Mijas.
- Historical WOZ value trends: Consistent increase, indicating rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Add a Jacuzzi or outdoor heating for the garden area.
- Enhance outdoor landscaping for increased curb appeal.
- Install smart home technology for modern convenience.
Description
Discover this stunning garden apartment in La Cala de Mijas, Spain, nestled within the prestigious Jardines de la Noria community. Perfectly positioned just a short, flat walk to La Cala's vibrant town center and pristine sandy beaches, this property offers the ideal blend of convenience and tranquility. Located on the ground floor with no steps, the apartment boasts an extended terrace and private garden that more than doubles your outdoor living space. The covered terrace, fitted with glass curtains, provides a cozy winter retreat while the sun-drenched garden space is perfect for lounging or even installing a Jacuzzi. Inside, you'll find a meticulously maintained and furnished home featuring a spacious lounge and dining area, a separate kitchen with ample worktop space, and a laundry room—ideal for enthusiastic cooks. The master bedroom includes an en-suite bathroom finished with elegant cream marble, complemented by a second guest bedroom and bathroom. Additional highlights include ducted hot and cold air conditioning, underground parking, and a storage room. Jardines de la Noria is renowned for its lush tropical gardens, palm-lined pathways, and inviting swimming pool with a dedicated kids' pool. This La Cala de Mijas property combines luxurious living with prime location in Spain, making it a perfect choice for buyers seeking a tranquil retreat close to the beach and town amenities. Don't miss the opportunity to view this exceptional apartment in La Cala de Mijas, Spain.
Location
Nightly rates in the area
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