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Apartment in La Cala Hills, 3 bedrooms, 116 m² €420.000

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3
Bedrooms
2
Bathrooms
116 m²
Surface area
€
€3621
Price per m²
Apartment
Property type
Apartment in La Cala Hills, 3 bedrooms, 116 m² - Hoofdafbeelding
Apartment in La Cala Hills, 3 bedrooms, 116 m² - Afbeelding 1
Apartment in La Cala Hills, 3 bedrooms, 116 m² - Afbeelding 2
Apartment in La Cala Hills, 3 bedrooms, 116 m² - Afbeelding 3
+22 photos

Analysis

Price
€420.000
Own investment (30%)
€126.000
Buyer costs
€42.000
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€784
Maintenance costs
-€96,67
Cleaning costs
-€333,33
Platform fees
-€470,82
Municipal taxes
-€101,75
Tax (19%)
-€256,93
Cashflow p.m.
Earned back in

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Nightly 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

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