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2
Bedrooms
2
Bathrooms
90 m²
Surface area
€
€3878
Price per m²
Apartment
Property type
+19 photos
Analysis
Price
€349.000
Own investment (30%)
€104.700
30% down payment of purchase price
Buyer costs
€34.900
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
-€651,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€75
{% 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
-€86,66
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€162,27
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 the beach and amenities.
- Views of the sea and outdoor terrace.
- Community facilities and security.
- Property size and layout.
- Potential for rental income.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
7.93%
5 Year Return
39.65%
10 Year Return
79.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern fixtures and fittings enhance value.
- Local market trends in 2027: Expected growth in tourism and property demand in La Cala de Mijas.
- Property type: Ground floor apartments are popular for accessibility and outdoor space.
- Economic outlook in 2027: Stable economic growth in Spain and the Eurozone supports property appreciation.
- Demographic developments: Increasing demand from retirees and expatriates.
- Infrastructure plans in 2027: Improvements in transportation and amenities boost property appeal.
- Historical WOZ value trends: Consistent increase indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade flooring and fixtures.
- Enhance outdoor space with landscaping or furniture.
- Add smart home features for convenience.
- Improve energy efficiency with new windows or insulation.
Description
Discover this charming ground floor apartment in the highly desirable Alamar community, located in the vibrant heart of La Cala de Mijas, Spain. This 2-bedroom, 2-bathroom property offers approximately 90 m² of thoughtfully designed living space, perfect for those seeking comfort and convenience in the Costa del Sol. The fully equipped, separate kitchen features an adjoining laundry and storage room, while the spacious living area provides ample space for dining and relaxation. Step outside onto a generous 30 m² south-facing terrace with partial sea views, ideal for enjoying the sunny Spanish climate. Both bedrooms have direct access to the terrace, blending indoor comfort with outdoor living.
Location
Nightly rates in the area
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