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3
Bedrooms
2
Bathrooms
116 m²
Surface area
€
€3621
Price per m²
Apartment
Property type
+22 photos
Analysis
Price
€420.000
Own investment (30%)
€126.000
30% down payment of purchase price
Buyer costs
€42.000
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
-€784
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€96,67
{% 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
-€101,75
Municipal taxes for La Cala Hills
Tax
(19%)
-€256,93
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
- Proximity to beaches, golf courses, and urban centers.
- High-quality construction and modern upgrades.
- Availability of tourist license for short-term rentals.
- Community amenities and security features.
- Views of golf course and sea, enhancing desirability.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
10.43%
5 Year Return
52.15%
10 Year Return
104.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent upgrades enhances value.
- Local market trends in 2027: Expected growth due to tourism and expatriate demand.
- Property type: Apartments in high-demand gated communities tend to appreciate steadily.
- Economic outlook in 2027: Positive, with tourism and real estate sectors likely to grow.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities support appreciation.
- Historical WOZ value trends: Consistent increase over past years indicates stable growth.
Possible improvements
- Adding a private pool or jacuzzi.
- Upgrading smart home features.
- Enhancing outdoor living spaces with additional landscaping.
- Installing solar panels for energy efficiency.
- Modernizing interior decor to appeal to international buyers.
Description
Discover this stunning ultra-luxurious 3-bedroom, 2-bathroom apartment in La Cala Hills, Spain, offering exceptional coastal living just minutes from the vibrant towns of Fuengirola and La Cala de Mijas. Perfect for both permanent residence and investment, this spacious property boasts a south-facing orientation with sunlight all day, complemented by a transferable tourist license for short-term rentals under the new legislation. Located in La Cala Hills Fase 1—renowned for its high-quality construction—this secure gated community features 24/7 security, concierge services, lush tropical gardens, and multiple amenities, including three large swimming pools, children’s pools, padel tennis courts, a library, and secure underground parking. The apartment has been recently upgraded with a modern kitchen and bathroom, a large wrap-around terrace offering spectacular golf course and sea views, and high-gloss marble flooring throughout. Inside, you'll find a spacious 45m2 living and dining area with patio doors leading to the terrace, a master bedroom with en-suite and dressing area, and two additional double bedrooms with fitted wardrobes. All rooms are equipped with individual air conditioning. Conveniently located within walking distance to shops, bars, restaurants, sports centers, bus stops, and St Anthony’s International School, this property provides easy access to the best of Costa del Sol living. With fiber optic broadband included and over 80 international TV channels, this La Cala Hills apartment is an excellent opportunity for investors and homeowners seeking a luxurious, well-connected home in Spain.
Location
Nightly rates in the area
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