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4
Bedrooms
3
Bathrooms
232 m²
Surface area
€
€5603
Price per m²
Apartment
Property type
+13 photos
Analysis
Price
€1.300.000
Own investment (30%)
€390.000
30% down payment of purchase price
Buyer costs
€130.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€282,58
Expected occupancy rate
62%
Gross rental p/m
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€0000
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Mortgage costs
-€2.426,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€193,33
{% trans 'Estimated annual maintenance costs (10€/m²). This is the
rule of thumb for existing and older homes. For new construction,
this is usually lower.' %}
Cleaning costs
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€799,35
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€215,08
Municipal taxes for La Cala
Tax
(19%)
-€250,72
This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.
Earned back in
Time to earn back own investment + buyer costs.
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Log inNightly Rates
Estimated nightly rate
€282,58
High season
€347
Mid season
€274,17
Low season
€222
Price determining factors
- Economic outlook in 2027: Positive economic growth in Spain and Europe.
- Demographic developments: Increasing number of retirees and expatriates seeking coastal properties.
- Infrastructure plans in 2027: Upgrades to transportation and local amenities will boost property value.
- Historical WOZ value trends: Consistent appreciation indicating a stable market.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €241,40 | Casa Tranquila (Quiet House) La Cala de Mijas | 0.2 km |
| €247 | Ayma Ocean View | 2.2 km |
| €212,60 | Modern house with panoramic ocean views in Alya | 2.9 km |
| €210,60 | Lovely townhouse with private pool | 8.5 km |
| €427,60 | Heated pool / Premium Spanish villa / Sea views | 9.1 km |
| €477,43 | Impressive VILLA Dazura in Valtocado. MIJAS | 10.0 km |
| €249,80 | Stylish Villa ParÃs - Heated Pool | 11.5 km |
| €291 | Spacious 4-Bedroom Townhouse 3 min from the Beach | 13.9 km |
| €377,40 | Villa Lola with pool, private oasis | 21.8 km |
| €197 | The tropical paradise in Malaga | 23.1 km |
Return & Value appreciation
Annual return
3.29%
5 Year Return
16.45%
10 Year Return
32.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities enhances value.
- Local market trends in 2027: Expected growth due to tourism and expatriate interest.
- Property type: Luxury penthouse appeals to high-end buyers and renters.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Add smart home technology to increase desirability.
- Improve outdoor spaces, such as terrace upgrades or landscaping.
- Enhance energy efficiency with solar panels or insulation.
Description
Discover an exceptional investment opportunity in La Cala, Spain, with this luxurious penthouse apartment ideally situated on the Costa del Sol. This high-end property boasts four spacious bedrooms, three modern bathrooms, and breathtaking ocean views from a private terrace, making it perfect for both holidaymakers and long-term tenants. The fully equipped contemporary kitchen, air conditioning throughout, high-speed WiFi, satellite TV, and access to premium amenities such as a gym and lush gardens enhance its appeal. Located just a short walk from stunning Mediterranean beaches—La Butibamba, El Bombo, and Calahonda—this La Cala property offers unparalleled convenience and lifestyle. Its proximity to La Cala Golf Course, Malaga Airport, and a variety of restaurants and shops further elevates its desirability. As a proven vacation rental with high occupancy rates and a consistent track record of profitability, this La Cala property provides a secure, year-round income stream. The vibrant tourist appeal of La Cala de Mijas ensures steady rental demand, making this an ideal investment in Spain’s thriving real estate market. Don’t miss the chance to own a ready-to-rent luxury penthouse in one of the most sought-after locations on the Costa del Sol—perfect for investors seeking high returns and an exclusive coastal lifestyle.
Location
Nightly rates in the area
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