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2
Bedrooms
2
Bathrooms
112 m²
Surface area
€
€3205
Price per m²
Apartment
Property type
+13 photos
Analysis
Price
€359.000
Own investment (30%)
€107.700
30% down payment of purchase price
Buyer costs
€35.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€112,66
Expected occupancy rate
67%
Gross rental p/m
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€0000
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Mortgage costs
-€670,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€93,33
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
-€344,39
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€88,79
Municipal taxes for La Cala Hills
Tax
(19%)
-€153,45
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
€112,66
High season
€151
Mid season
€109,58
Low season
€90
Price determining factors
- Growing demand for holiday and permanent residences in Spain.
- Increasing popularity of La Cala Hills as a desirable location.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 6.0 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 5.4 km |
| €132,40 | Spectacular house on Carvajal Beach | 8.0 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 6.6 km |
| €166,80 | Chariming and creative house 50m from the beach | 12.5 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 11.8 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 18.5 km |
| €186,80 | Unique place with roof terrace in Old town | 18.6 km |
| €116 | Charming Sea Front Bungalow | 18.2 km |
| €124,86 | Sunny hillside casita in Guaro | 18.4 km |
Return & Value appreciation
Annual return
5.47%
5 Year Return
27.35%
10 Year Return
54.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent upgrades, enhancing value.
Possible improvements
- Renovate kitchen and bathrooms for a modern look.
- Upgrade outdoor terraces with new furniture and lighting.
- Add smart home features for convenience and security.
Description
Discover this stunning elevated ground-floor apartment in the sought-after La Cala Hills urbanisation in Spain, offering a perfect blend of luxury, comfort, and convenience. Located just a short stroll from local amenities, public transport, and only 10 minutes by car to the vibrant beaches of La Cala de Mijas and Fuengirola, this property is an ideal choice for holidaymakers, investors, or those seeking a permanent residence in Spain.
Inside, you'll find a spacious, bright living and dining area that seamlessly extends onto a private corner terrace, providing breathtaking views of the Mijas mountains and lush communal grounds. The modern kitchen is fully equipped with high-quality fixtures and a separate utility room for added practicality. The master bedroom boasts generous proportions, ample wardrobe space, and an en-suite bathroom with a bathtub, while the second bedroom offers access to a large, sunny southwest-facing terrace—perfect for outdoor relaxation.
The impressive terrace has been upgraded with high-end glass curtains, creating an ideal space for al fresco dining or unwinding while enjoying spectacular scenery. The master bedroom also opens onto this terrace via large double doors. Additional features include a spacious underground parking space and a private storage room, ideal for bicycles, golf clubs, or beach gear.
La Cala Hills is renowned for its meticulously maintained gardens and two beautiful swimming pools, maintained daily for residents’ enjoyment. This La Cala Hills apartment in Spain offers a tranquil environment yet is close to all amenities, making it a versatile property for investment or permanent living in Spain.
Location
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Nightly rates in the area
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