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3
Bedrooms
2
Bathrooms
137 m²
Surface area
€
€3285
Price per m²
Apartment
Property type
+28 photos
Analysis
Price
€450.000
Own investment (30%)
€135.000
30% down payment of purchase price
Buyer costs
€45.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage costs
-€840
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€114,17
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€470,82
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€108,12
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€241,75
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
€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 JardÃn 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 JardÃn 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
Nightly rates in the area
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