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House in La Cala de Mijas, 4 bedrooms, 272 m² €599.000

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4
Bedrooms
4
Bathrooms
272 m²
Surface area
€2202
Price per m²
House
Property type
House in La Cala de Mijas, 4 bedrooms, 272 m² - Hoofdafbeelding
House in La Cala de Mijas, 4 bedrooms, 272 m² - Afbeelding 1
House in La Cala de Mijas, 4 bedrooms, 272 m² - Afbeelding 2
House in La Cala de Mijas, 4 bedrooms, 272 m² - Afbeelding 3
+27 photos

Analysis

Price
€599.000
Own investment (30%)
€179.700
Buyer costs
€59.900
Estimated nightly rate
€327,48
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.118,13
Maintenance costs
-€226,67
Cleaning costs
-€375
Platform fees
-€911,42
Municipal taxes
-€139,79
Tax (19%)
-€627,97
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€327,48
High season
€408
Mid season
€315
Low season
€238

Price determining factors

  • Proximity to beaches, golf courses, and amenities.
  • Views of gardens and pool.
  • Modern amenities like air conditioning and security.
  • Potential for renovation to increase value.

Comparable accommodations

Rate Hotel / apartment Distance
€241,40 Casa Tranquila (Quiet House) La Cala de Mijas 0.4 km
€247 Ayma Ocean View 2.2 km
€212,60 Modern house with panoramic ocean views in Alya 3.0 km
€210,60 Lovely townhouse with private pool 8.8 km
€427,60 Heated pool / Premium Spanish villa / Sea views 9.4 km
€477,43 Impressive VILLA Dazura in Valtocado. MIJAS 10.3 km
€249,80 Stylish Villa París - Heated Pool 11.7 km
€291 Spacious 4-Bedroom Townhouse 3 min from the Beach 14.0 km
€377,40 Villa Lola with pool, private oasis 22.0 km
€197 The tropical paradise in Malaga 23.4 km

Return & Value appreciation

Annual return

13.41%

5 Year Return

67.05%

10 Year Return

134.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Renovations can significantly increase value.
  • Local market trends in 2027: Growing demand for holiday and family homes in La Cala de Mijas.
  • Property type: Townhouses are popular for families and holiday rentals.
  • Economic outlook in 2027: Stable with potential growth in tourism and real estate sectors.
  • Demographic developments: Increasing expatriate and retiree populations.
  • Infrastructure plans in 2027: Improvements in transportation and amenities could boost property values.
  • Historical WOZ value trends: Consistent appreciation in property taxes indicating rising property values.

Possible improvements

  • Renovate interiors to modern standards.
  • Upgrade kitchen and bathrooms.
  • Enhance outdoor spaces and garden.
  • Install energy-efficient systems.
  • Add smart home features.

Description

Discover this spacious family townhouse in the sought-after area of La Cala de Mijas, Spain. Perfect for those seeking a versatile family home, this property offers four levels of bright, airy living space with stunning views of the private garden and communal pool. Located close to golf courses, beaches, shops, and schools, this La Cala de Mijas property combines convenience with comfort. The ground floor features a private garage with ample storage and parking for two vehicles, alongside a versatile basement that can serve as a study or additional living area, complete with a bathroom, storage, and garden access. The main living level boasts an open-plan lounge and dining area, a well-sized kitchen with utility room, guest toilet, and a terrace overlooking the pool and gardens—ideal for outdoor entertaining. The upper floors include three spacious double bedrooms, each with fitted wardrobes, with the master enjoying a private terrace and en-suite bathroom. A family bathroom serves the additional bedrooms. The top level offers a double bedroom with an en-suite and private terrace. This La Cala de Mijas townhouse features modern amenities such as marble flooring, double glazing, air conditioning, and security systems, making it a perfect investment or holiday home. Although requiring some renovation, this property presents a fantastic opportunity to own a substantial family residence in La Cala de Mijas, Spain, at a realistic price.

Location

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