Málaga
Rental yield in Cerrado de Calderon
Cerrado de Calderon is an expensive area for Málaga, with an average rental yield and a Total Return in line with the city average. Here is what a typical flat in Cerrado de Calderon costs to buy and rent, and the Total Return (IRR) it delivers, compared with the other areas of Málaga.
Sale price
4,317
€/m² · second-hand homes
Rent
18.4
€/m² per month · market rate
Gross yield
5.1%
annual rent ÷ price
Total Return
10.8%
10-year IRR · typical flat
Appreciation
+6.1%
a year, 10-15 year history
Cash flow
-€166
per month, year 1, after tax
What the data says
Cerrado de Calderon is an area of Málaga. The reference sale price is €4,317/m², based on the Fotocasa index adjusted to transaction prices: 21% above the Málaga median (€3,573/m²). It ranks 14 of 75 neighbourhoods in Málaga by price.
The achievable market rent is around €18.4/m² per month (district figure adjusted to the neighbourhood's rent structure; idealista asking rents adjusted to achievable rent): about €1,656 a month for a typical 90 m² flat, with no legal cap. The gross yield (annual rent ÷ price) comes to 5.1%, in line with the city median (5.1%): rank 37 of 75 by gross yield.
With a 70% mortgage at 3.80% over 25 years and a sale after 10 years, the estimated Total Return (IRR) for that typical flat is 10.8%, in line with the Málaga median (11.1%). It takes about €146,139 of cash (deposit, taxes and costs), and first-year cash flow after tax is -€166 a month.
Asking prices in its district have grown by an average of 6.1% a year over the last 10 and 15 years (idealista, December 2025). Historical, not a forecast: it is the appreciation the modelled sale assumes.
A typical flat in Cerrado de Calderon
The same standard assumptions as the CasaROI map: change the mortgage, term or tax profile in your account and the Total Return is recalculated for your case.
- Size
- 90 m²
- Purchase price
- €388,530
- Monthly rent
- €1,656
- Cash needed · deposit + transfer tax + costs
- €146,139
- Monthly cash flow (year 1)
- -€166
- Total Return (IRR)
- 10.8%
Assumptions: 70% mortgage over 25 years at 3.80%, sale after 10 years, Spanish tax resident at a 37% marginal rate, no renovation.
Nearest areas, ranked by gross yield
| Area | €/m² | Rent €/m² | Gross | IRR |
|---|---|---|---|---|
| Conde de Ureña | 3,297 | 16.1 | 5.9% | 12.3% |
| Cristo de la Epidemia | 3,412 | 16.9 | 5.9% | 12.4% |
| Cerrado de Calderon | 4,317 | 18.4 | 5.1% | 10.8% |
| Parque Clavero | 4,691 | 18.3 | 4.7% | 10.6% |
| El Palo | 4,004 | 15.1 | 4.5% | 9.9% |
| El Limonar | 4,970 | 17.9 | 4.3% | 10.1% |
| Miraflores del Palo | 4,691 | 16.8 | 4.3% | 9.5% |
| Pedregalejo | 4,854 | 15.0 | 3.7% | 8.6% |
| Monte Sancha | 6,604 | 17.8 | 3.2% | 8.5% |
Frequently asked questions
How much does a square metre cost in Cerrado de Calderon?
€4,317/m² on average, based on the Fotocasa index adjusted to transaction prices. A typical 90 m² flat costs about €388,530, 21% above the Málaga median.
How much is rent in Cerrado de Calderon?
Around €18.4/m² per month at market rates: €1,656 a month for a 90 m² flat, with no legal cap.
Is Cerrado de Calderon a good buy-to-let investment?
The gross yield is 5.1% (Málaga median: 5.1%). With a 70% mortgage and a sale after 10 years, the estimated Total Return (IRR) is 10.8% against a city median of 11.1%. It depends on your financing and tax residency: with your own profile the number can change.
Is Cerrado de Calderon in a stressed rental zone?
No. Málaga is not a declared stressed rental zone: rents are set by the market, with no legal cap.
Buying in Cerrado de Calderon?
Paste the listing and we tell you whether it holds up at that price: legal rent, taxes, red flags and a verdict.
Sources and method
- Sale: Fotocasa · zone sale-price index (June 2026) · ÷1,13 a precio de transacción (calibrado vs registral Madrid/BCN)
- Rent: idealista · informe de alquiler por district (June 2026), ajustado a renta alcanzable (×0,95); estructura SERPAVI por neighbourhood (AEAT 2024)
- Appreciation: average of the 10- and 15-year rates of the area's asking price — historical, not a forecast