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Calypso · R5159488

Top Floor Studio in Calypso

€135,000Top Floor Studio
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0Bedrooms1Bathrooms22 m²Built area0 m²Terrace
A CLOSER LOOK

Picture yourself here.

Fantastic Long-Term Investment Opportunity!

Studio apartment in the Calypso urbanisation, Mijas Costa, Málaga, rented until May 2027 for €700 per month. The property can only be purchased with the current tenant in place, making it an excellent opportunity for investors looking for rental income from day one.

Located just 300 metres from the sea, this studio is situated in the popular Calypso urbanisation in Mijas Costa, surrounded by all essential amenities, including supermarkets, shops, bars and restaurants. It also offers convenient access to both the A-7 coastal road and the AP-7 motorway, providing excellent connections to the rest of the Costa del Sol.

The property has an approximate built area of 22 m² and is in good condition. It features a bright, open-plan living area with an integrated kitchen, a full bathroom and an enclosed terrace with pleasant views of the communal green areas.

The urbanisation offers communal parking and easy access to nearby beaches.

Important Information

- Size: 22 m².

- Current monthly rent: €700.

- Long-term rental contract: Valid until May 2027.

- Sale condition: The property can only be purchased with the current tenant in place.

- Swimming pool: The urbanisation does not have a swimming pool.

- Tourist licence: The property does not have a tourist licence, and holiday rentals are not permitted within the community.

- Floor: Third floor.

- Lift: The building does not have a lift.

Thanks to its excellent location and proximity to the beach, this studio represents an attractive investment opportunity for buyers seeking a property on the Costa del Sol with an existing rental contract and ‌a ‌monthly ‌rental ‌income of ‌€700.

An ‌interesting ‌option ‌for ‌investors ‌looking to invest ‌in ‌Mijas Costa ‌and generate rental income, ‌subject to the ‌terms ‌of ‌the ‌existing ‌tenancy ‌agreement.

Property features

  • Setting - Close To Shops
  • Setting - Close To Sea
  • Orientation - East
  • Orientation - South East
  • Condition - Excellent
  • Condition - Good
  • Condition - Recently Renovated
  • Views - Sea
  • Views - Panoramic
  • Views - Urban
  • Furniture - Fully Furnished
  • Kitchen - Fully Fitted
  • Garden - Communal
  • Parking - Street
  • Parking - Communal
  • Utilities - Drinkable Water
  • Category - Bargain
  • Category - Cheap
  • Category - Holiday Homes
  • Category - Investment
  • Category - Resale

Details, measurements, price and availability are subject to confirmation. Ask our team to arrange a viewing and check anything important to your purchase.

Mortgage calculator

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Mortgage type

One interest rate for the whole term.

Estimated monthly payment€448 / month
Loan amount
€94,500
Total interest
€39,939
Total repayments
€134,439

The starting figures are examples, not current mortgage offers or an indication of the deposit a lender will accept.

Repayments include capital and interest. For variable and mixed examples, future payments and totals assume unchanged Euríbor; they are not forecasts. Taxes, legal costs, lender fees and insurance are excluded. Not a mortgage offer or financial advice.

About these examples

Fixed starts at an illustrative 3.00%. Variable starts at 2.00% for one year, then Euríbor + 0.65%. Mixed starts at 2.70% for four years, then Euríbor + 0.65%. All rates can be changed.

Reference checked 5 November 2026: October 12-month Euríbor 3.239%. These are editable examples, not live bank quotes. Residency, property use and linked products affect actual offers.

Official Euríbor reference · Santander · Openbank · Pibank

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