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2
Bedrooms
2
Bathrooms
91 m²
Surface area
€
€4011
Price per m²
Apartment
Property type
+14 photos
Analysis
Price
€365.000
Own investment (30%)
€109.500
30% down payment of purchase price
Buyer costs
€36.500
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
-€681,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€75,83
{% 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
-€90,06
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€155,79
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
- Strong demand for holiday and investment properties in Costa del Sol.
- Growing popularity of La Cala de Mijas as a desirable location.
- Limited supply of high-quality apartments in the area.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
7.28%
5 Year Return
36.40%
10 Year Return
72.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, likely to retain and increase value.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Enhance outdoor living space with additional furniture or landscaping.
- Implement energy-efficient systems to reduce utility costs.
Description
Discover this stunning apartment in La Cala de Mijas, a prestigious development on Spain's beautiful Costa del Sol. Located on the second floor, this stylish residence features a spacious south-facing terrace with picturesque views of lush gardens and a sparkling swimming pool, perfect for relaxing and entertaining. The property offers 2 bedrooms and 2 bathrooms, a fully equipped kitchen, and modern amenities including air conditioning with hot and cold functionality. An underground parking space is included for convenience. Surrounded by over 5,000 square meters of subtropical Mediterranean gardens, the complex boasts two communal swimming pools and exquisite landscaping, making it an ideal retreat for beach lovers and golf enthusiasts alike. Built with top-quality materials and meticulous attention to detail, this La Cala de Mijas apartment provides a perfect blend of luxury and comfort in a prime location on the Costa del Sol. Whether seeking a holiday home or a smart investment in Spain, this property offers unparalleled access to the vibrant lifestyle, stunning beaches, and world-class golf courses that define La Cala de Mijas and the broader Costa del Sol region.
Location
Nightly rates in the area
Questions? Chat with us!