MUNDO Research Team · Vetted by Costa del Sol property professionals
Published October 2025 · Updated February 2026 · 7 min read
The Costa del Sol's Best Value Proposition
If your budget is £100,000-£200,000 (approximately €120,000-€240,000) and you want a property on the Costa del Sol with beach access, a communal pool, and an established community of fellow expats, two names will come up again and again: Calahonda and Riviera del Sol. These neighbouring residential areas, located in the Mijas Costa municipality between La Cala de Mijas and Fuengirola, have been home to British and Northern European expats since the 1970s. They offer something that is increasingly hard to find on the Costa del Sol — genuine affordability without being miles from the coast.
These are not glamorous addresses. You will not find designer boutiques, celebrity restaurants, or superyachts. What you will find are comfortable apartments with communal gardens and pools, friendly neighbours, local shops and restaurants that cater to the international community, and beaches within walking distance. For retirees on a fixed income, first-time overseas buyers, or investors seeking rental yields at a low entry point, Calahonda and Riviera del Sol deserve serious consideration.
Calahonda: The Established Community
Location and Layout
Calahonda stretches along the coast approximately 5 kilometres east of La Cala de Mijas and 8 kilometres west of Fuengirola. It is not a traditional town with a defined centre; rather, it is a collection of residential urbanisations built on the hillside between the coastal road (A-7) and the beach, connected by a network of internal roads and pathways.
The area is built on a slope, which means many properties enjoy sea views but also means walking can be steep. The main commercial hub is the Centro Comercial Calahonda, a small shopping centre with a supermarket, pharmacy, restaurants, bars and various services. Additional commercial areas are scattered throughout the urbanisations.
Property Prices in Calahonda
- Studio apartments: €75,000 - €110,000
- 1-bedroom apartments: €90,000 - €150,000
- 2-bedroom apartments: €120,000 - €220,000
- 3-bedroom apartments or penthouses: €180,000 - €300,000
- Townhouses: €200,000 - €350,000
- Villas: €300,000 - €600,000
The sweet spot for British buyers is the 2-bedroom apartment in the €130,000-€180,000 range. At this price, you typically get a property of 70-90 square metres with a terrace, access to a communal pool and gardens, and either sea or mountain views. Many of these apartments are in complexes built in the 1980s and 1990s — solid construction but often needing cosmetic updating.
The Calahonda Community
Calahonda has one of the oldest established expat communities on the coast. British, Scandinavian, Dutch and German residents have been living here for decades, creating a mature, settled community. The Calahonda Park bowling club is a social hub, along with various restaurants and bars in the commercial centres that serve as informal gathering spots.
The community skews older — retirees make up a significant proportion of the permanent international residents. This creates a calm, friendly atmosphere but also means the area can feel quiet outside of the summer tourist season. Social events, coffee mornings, quiz nights and charity fundraisers provide a regular social calendar.
Riviera del Sol: A Step More Modern
Location and Layout
Immediately to the west of Calahonda, Riviera del Sol is a similar residential area but generally features slightly newer construction (predominantly 1990s to 2000s builds) and a somewhat younger demographic. The main commercial centre — Centro Comercial Riviera del Sol — is larger than Calahonda's, with more restaurants, shops and services.
Riviera del Sol benefits from a gentler topography than Calahonda, making walking between the beach and higher areas more manageable. The urbanisation is well-maintained, with palm-lined roads and a generally pleasant residential environment.
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Property Prices in Riviera del Sol
- 1-bedroom apartments: €100,000 - €160,000
- 2-bedroom apartments: €140,000 - €250,000
- 3-bedroom apartments or penthouses: €200,000 - €350,000
- Townhouses: €230,000 - €400,000
- Villas: €350,000 - €700,000
Prices are roughly 10-15% higher than Calahonda for equivalent properties, reflecting the newer construction and slightly more modern feel. Recent new developments in the area have pushed the upper end of the price range higher.
Beach Access and Facilities
Both areas have access to the long stretch of sandy beach that runs along the Mijas Costa coastline. Beach access points are scattered along the coastal road, with steps and pathways leading down from the urbanisations. The beaches are maintained by Mijas council and have Blue Flag certification in several sections.
Beach facilities include sun lounger rental, chiringuitos, and lifeguard services in summer. The Paseo Maritimo (coastal boardwalk) connects Calahonda and Riviera del Sol to La Cala de Mijas to the west, providing an excellent walking and cycling route along the coast.
One honest note about beach access: because both areas are built on a hillside, getting from your apartment to the beach often involves a walk down (and back up) a significant slope. For older residents with mobility issues, this is an important consideration. Properties closer to the beach cost more but eliminate this issue.
Downsides: The Honest Assessment
No area guide should gloss over the negatives, and Calahonda and Riviera del Sol have several:
Older Building Stock
Many apartments, particularly in Calahonda, were built 30-40 years ago. While structurally sound, they often feature dated kitchens and bathrooms, single-glazed windows, poor insulation, and outdated electrical systems. Budget €20,000-€40,000 for a thorough renovation of an older 2-bedroom apartment. Community areas in some complexes also show their age.
Limited Commercial Offering
Neither area has the shopping, dining or entertainment options of a town like Fuengirola or Marbella. You can meet daily needs locally, but for anything beyond basics — a wider range of restaurants, cinema, larger supermarkets — you will need to drive to Fuengirola (10 minutes) or La Cala (5 minutes).
Car Dependency
While you can walk to the beach and to local commercial centres, a car is essential for comfortable daily life. The hilly terrain makes walking between different parts of the urbanisation tiring, and public transport connections are limited to a bus route along the coastal road.
Summer Congestion
In July and August, the coastal road through these areas can become congested, particularly at weekends when day-trippers from Malaga swell the population. Parking near the beach becomes very difficult. Long-term residents learn to avoid the beachfront during peak summer weekends.
Rental Potential
For budget-conscious investors, Calahonda and Riviera del Sol offer some of the highest rental yields on the Costa del Sol, precisely because the low purchase price creates favourable mathematics:
- Summer weekly rental (2-bed apartment): €600 - €1,200
- Long-term monthly rental (2-bed apartment): €650 - €900
- Estimated annual gross yield: 5-8% for holiday lets, 5-6% for long-term rentals
The key advantage is the low entry price. A 2-bedroom apartment purchased for €140,000 that generates €8,000-€12,000 in annual rental income delivers a yield that is very difficult to achieve in Marbella, where the purchase price would be double or triple for a similar return.
Long-term rental demand is particularly strong, driven by expat residents who prefer to rent rather than buy, and by Spanish families who cannot afford to purchase in coastal areas. A well-maintained 2-bedroom apartment will rarely sit empty for long on the long-term rental market.
Related Reading
Who Should Buy Here?
Calahonda and Riviera del Sol are ideal for:
- Retirees on a budget: Affordable property, low running costs, established community, and a comfortable climate
- First-time overseas buyers: A low-risk entry point into the Spanish property market with proven demand
- Rental investors: Strong yields at a low entry price, with both holiday and long-term rental demand
- Buyers seeking a base: A practical, affordable apartment for regular visits, with easy access to Malaga Airport and the wider coast
These areas are less suited to buyers seeking glamour, nightlife, luxury finishes, or a deeply Spanish cultural experience. They are residential communities designed for comfortable, affordable living — and they deliver on that promise consistently.
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Disclaimer
This guide is for informational purposes only and does not constitute legal, tax, or financial advice. Property laws and tax regulations change frequently — always consult a qualified Spanish lawyer and tax advisor before making any property purchase decisions. Data sourced from Spanish Land Registry, Idealista, and MUNDO partner network. Last verified: March 2026.