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2
Bedrooms
2
Bathrooms
100 m²
Surface area
€
€3495
Price per m²
Apartment
Property type
+11 photos
Analysis
Price
€349.500
Own investment (30%)
€104.850
30% down payment of purchase price
Buyer costs
€34.950
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
-€652,40
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€83,33
{% 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
-€86,77
Municipal taxes for La Cala Hills
Tax
(19%)
-€160,49
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 beaches, golf courses, and amenities.
- Quality of local schools and healthcare facilities.
- Accessibility to Malaga Airport and major roads.
- Development of new commercial and recreational facilities.
- Overall desirability of La Cala Hills as a residential area.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
7.83%
5 Year Return
39.15%
10 Year Return
78.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained interiors and amenities enhance value.
- Local market trends in 2027: Growing demand for holiday and investment properties in Costa del Sol.
- Property type: Apartments in gated communities are desirable for safety and amenities.
- Economic outlook in 2027: Stable economic growth in Spain and the Eurozone supports property appreciation.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Improved transport links and local amenities increase attractiveness.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade flooring and fixtures to increase luxury feel.
- Enhance outdoor space with landscaping or additional features.
- Install energy-efficient appliances and solar panels.
- Improve storage solutions and smart home features.
Description
Discover this charming two-bedroom apartment in La Cala Hills, Spain, nestled within the prestigious Phase 1 community. This spacious property offers approximately 100 m² of living space, complemented by an inviting 18 m² terrace perfect for enjoying the sunny Spanish climate. Located in the heart of La Cala Hills, this residence is part of an established, gated complex renowned for its beautifully landscaped gardens, three swimming pools, and family-friendly environment. The apartment features a bright, open-plan living and dining area, a fully equipped kitchen with a separate utility room, and two generous bedrooms with two bathrooms. The west to southwest orientation ensures abundant afternoon and evening sunlight, enhancing the welcoming atmosphere. Additional highlights include access to the terrace from both the living room and the master bedroom, an underground parking space, and a private storage room. Situated close to golf courses, shops, and restaurants, this property offers a perfect blend of tranquility and convenience. La Cala de Mijas beaches are just ten minutes away, with Málaga Airport reachable in approximately 25 minutes. Whether seeking a permanent residence, holiday home, or a solid investment in the Costa del Sol, this La Cala Hills apartment provides an ideal opportunity to enjoy the best of Spain’s Mediterranean lifestyle.
Location
Nightly rates in the area
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