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House in La Cala de Mijas, 3 bedrooms, 73 m² €495.000

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3
Bedrooms
1
Bathrooms
73 m²
Surface area
€6781
Price per m²
House
Property type
House in La Cala de Mijas, 3 bedrooms, 73 m² - Hoofdafbeelding
House in La Cala de Mijas, 3 bedrooms, 73 m² - Afbeelding 1
House in La Cala de Mijas, 3 bedrooms, 73 m² - Afbeelding 2
House in La Cala de Mijas, 3 bedrooms, 73 m² - Afbeelding 3
+20 photos

Analysis

Price
€495.000
Own investment (30%)
€148.500
Buyer costs
€49.500
Estimated nightly rate
€115,97
Expected occupancy rate
59%
Gross rental p/m
€0000
Mortgage costs
-€924
Maintenance costs
-€60,83
Cleaning costs
-€333,33
Platform fees
-€312,18
Municipal taxes
-€117,69
Tax (19%)
-€63,30
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€115,97
High season
€144
Mid season
€113,33
Low season
€89

Price determining factors

  • Property condition: Good condition supports higher pricing.
  • Local market trends in 2027: Continued growth in property prices in La Cala de Mijas.
  • Economic outlook in 2027: Stable economic growth in Spain, boosting real estate investments.

Comparable accommodations

Rate Hotel / apartment Distance
€260,80 Andalusian Villa with views, Pool, Garden & BBQ 7.2 km
€185 Villa La Guirnalda private pool/wifi/barbecue 17.4 km
€164,40 3 Bed Accommodation with Pool 3.5 km
€314 Livita, Space, Above the beach, Cala de mijas 1.5 km
€195,20 Hacienda el Alamo 13.6 km
€166,20 Seaview house: Rooftop pool,gameroom, parking|REMS 18.7 km
€378,33 Casa Calma ǀ Private Pool ǀ Close to Beach + Golf 15.4 km
€217 Fabulous Villa,private pool, stunning views,Malaga 21.3 km
€210 Beach House 1.7 km
€84 Paradise, sun and beach. Charming terrace. 1.4 km

Return & Value appreciation

Annual return

1.64%

5 Year Return

8.20%

10 Year Return

16.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with recent renovations enhances value.
  • Local market trends in 2027: Growing demand for holiday homes and coastal properties.
  • Property type: Popular holiday and retirement destination, increasing desirability.

Possible improvements

  • Develop the basement to add additional bedrooms or living space.
  • Upgrade kitchen and bathrooms for modern appeal.
  • Enhance outdoor spaces with landscaping or additional amenities.

Description

Discover this charming property in La Cala de Mijas, Spain, perfectly positioned just minutes from the beach and within walking distance to the vibrant town center. This lovely home offers a spacious private garden and multiple terraces, ideal for enjoying the Mediterranean sunshine or seeking shade during warm days. The main living area features a modern, open-plan lounge and dining space connected to a contemporary kitchen, with glass curtains that transform the terrace into a year-round outdoor living area. The house includes two bedrooms with built-in wardrobes, a recently renovated family shower room, and a guest cloakroom, complemented by hot and cold air conditioning for optimal comfort. A private garage adds convenience to this exceptional property. Residents also gain access to stunning communal pools and landscaped gardens, enhancing the appeal of this La Cala de Mijas home. The property boasts a large, untouched basement area with excellent potential to develop additional living space, including the possibility of creating a third and fourth bedroom to suit your needs. This unique property in La Cala de Mijas, Spain, combines prime location, versatile living spaces, and future expansion potential, making it a rare find in the competitive real estate market of southern Spain.

Location

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