Back

Apartment in La Cala de Mijas, 3 bedrooms, 260 m² €399.000

3 views

You have reached your limit. Log in for unlimited access.

3
Bedrooms
3
Bathrooms
260 m²
Surface area
€
€1535
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 3 bedrooms, 260 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 3 bedrooms, 260 m² - Afbeelding 1
Apartment in La Cala de Mijas, 3 bedrooms, 260 m² - Afbeelding 2
Apartment in La Cala de Mijas, 3 bedrooms, 260 m² - Afbeelding 3
+41 photos

Analysis

Price
€399.000
Own investment (30%)
€119.700
Buyer costs
€39.900
Estimated nightly rate
€170,39
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€744,80
Maintenance costs
-€216,67
Cleaning costs
-€333,33
Platform fees
-€505,31
Municipal taxes
-€97,29
Tax (19%)
-€279,56
Cashflow p.m.
Earned back in
00months

Interested?

Log in now to contact the seller directly

Log in

Nightly Rates

Estimated nightly rate
€170,39
High season
€216
Mid season
€165,67
Low season
€131

Price determining factors

  • Proximity to beaches and amenities: Enhances desirability and value.
  • Community facilities: Pools, gardens, concierge services add to attractiveness.
  • Property features: Modern comforts, spacious layout, private solarium, underground parking.
  • Market demand: High for luxury properties in this region.
  • Economic stability: Supports property value growth.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

11.95%

5 Year Return

59.75%

10 Year Return

119.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, likely to attract buyers and tenants.
  • Local market trends in 2027: Expected to be positive due to ongoing demand for luxury properties in Costa del Sol.
  • Property type: High-demand luxury apartment with extensive facilities, appealing to affluent buyers.
  • Economic outlook in 2027: Favorable, with steady growth in Spain's economy and tourism sector.
  • Demographic developments: Increasing number of retirees and expatriates seeking luxury living in Spain.
  • Infrastructure plans in 2027: Continued improvements in transportation, healthcare, and amenities in La Cala de Mijas.
  • Historical WOZ value trends: Generally stable with gradual appreciation, reflecting consistent demand.

Possible improvements

  • Renovate the interior to modern standards and update fixtures.
  • Enhance outdoor spaces, such as landscaping or adding a private terrace.
  • Upgrade appliances and smart home features.
  • Improve energy efficiency with solar panels or better insulation.
  • Add security features like advanced alarm systems.

Description

Discover this stunning three-level home in La Cala de Mijas, Spain, offering luxurious living within a highly sought-after community. Perfectly positioned near the picturesque beaches and vibrant local amenities, this property combines comfort, privacy, and exceptional on-site facilities, making it an ideal choice for buyers seeking a dream residence on the Costa del Sol. The spacious middle level welcomes you with an open-plan living and dining area that seamlessly connects to a charming terrace, perfect for outdoor relaxation. The separate kitchen features a convenient serving hatch, while a guest toilet adds to the home's practicality. The lower level houses three bedrooms, including a master suite with an en-suite bathroom, complemented by another full bathroom—ideal for family or guests. The top floor boasts a large solarium, perfect for soaking up the Spanish sun or hosting barbecues with friends. Modern comforts include advanced air conditioning with AirZone technology, a cozy fireplace, underfloor heating in the bathrooms, and electric shutters throughout. The property also includes a 20m2 storage room and an underground parking space. Residents enjoy access to three communal swimming pools, extensive landscaped gardens, and a dedicated concierge service, making this La Cala de Mijas home an exceptional opportunity for those seeking a luxurious lifestyle in Spain.

Location

Questions? Chat with us!