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Apartment in La Cala de Mijas, 3 bedrooms, 137 m² €450.000

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3
Bedrooms
2
Bathrooms
137 m²
Surface area
€
€3285
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 3 bedrooms, 137 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 3 bedrooms, 137 m² - Afbeelding 1
Apartment in La Cala de Mijas, 3 bedrooms, 137 m² - Afbeelding 2
Apartment in La Cala de Mijas, 3 bedrooms, 137 m² - Afbeelding 3
+28 photos

Analysis

Price
€450.000
Own investment (30%)
€135.000
Buyer costs
€45.000
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€840
Maintenance costs
-€114,17
Cleaning costs
-€333,33
Platform fees
-€470,82
Municipal taxes
-€108,12
Tax (19%)
-€241,75
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€161,24
High season
€203
Mid season
€156,75
Low season
€124

Price determining factors

  • Economic outlook in 2027: Positive economic growth in Spain and Europe.
  • Demographic developments: Increasing population and tourism in Costa del Sol.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities.

Comparable accommodations

Rate Hotel / apartment Distance
€260,80 Andalusian Villa with views, Pool, Garden & BBQ 7.2 km
€185 Villa La Guirnalda private pool/wifi/barbecue 17.4 km
€164,40 3 Bed Accommodation with Pool 3.5 km
€314 Livita, Space, Above the beach, Cala de mijas 1.5 km
€195,20 Hacienda el Alamo 13.6 km
€166,20 Seaview house: Rooftop pool,gameroom, parking|REMS 18.7 km
€378,33 Casa Calma ǀ Private Pool ǀ Close to Beach + Golf 15.4 km
€217 Fabulous Villa,private pool, stunning views,Malaga 21.3 km
€210 Beach House 1.7 km
€84 Paradise, sun and beach. Charming terrace. 1.4 km

Return & Value appreciation

Annual return

9.16%

5 Year Return

45.80%

10 Year Return

91.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Renovation potential can significantly increase value.
  • Local market trends in 2027: Expected growth in demand for coastal properties.
  • Property type: Apartments in desirable locations tend to appreciate steadily.

Possible improvements

  • Renovate kitchen and bathrooms to modern standards.
  • Enhance outdoor space with landscaping or additional features.
  • Upgrade air conditioning and insulation for energy efficiency.

Description

Discover a spacious 3-bedroom, 2-bathroom apartment with parking in the highly desirable Jardín Botánico residential complex, located in the heart of La Cala de Mijas, Spain. This prime property offers an excellent opportunity for buyers seeking a comfortable home in one of Costa del Sol's most sought-after areas. Situated just minutes from the beach, this La Cala de Mijas apartment boasts a bright, independent living-dining area with direct access to a versatile terrace enclosed with glass curtains—perfect for year-round enjoyment. The separate kitchen includes a convenient utility space, and all rooms are filled with natural light, creating a warm and inviting atmosphere. The master bedroom features an en suite bathroom for added privacy. Centralized air conditioning ensures comfort throughout. Although in its original condition, this apartment presents a fantastic renovation opportunity in a tranquil neighborhood close to shops, restaurants, schools, health centers, and excellent motorway access. The Jardín Botánico complex offers residents a communal swimming pool and a private parking space. Whether you're looking for a permanent residence or an investment in La Cala de Mijas, this property delivers unbeatable value in a top location on the Costa del Sol. Don't miss this rare opportunity to own a spacious apartment in one of Spain's most desirable coastal towns.

Location

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