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2
Bedrooms
2
Bathrooms
113 m²
Surface area
€
€4239
Price per m²
Apartment
Property type
+26 photos
Analysis
Price
€479.000
Own investment (30%)
€143.700
30% down payment of purchase price
Buyer costs
€47.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€112,44
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€894,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€94,17
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€348,84
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€114,29
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€110,68
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
€112,44
High season
€150
Mid season
€109,42
Low season
€89
Price determining factors
- Economic outlook in 2027: Expected stable economic growth in Spain, especially in tourism and real estate sectors.
- Demographic developments: Increasing expatriate and retiree population seeking coastal living.
- Infrastructure plans in 2027: Ongoing improvements in transport and local amenities, enhancing property appeal.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 1.1 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 10.0 km |
| €132,40 | Spectacular house on Carvajal Beach | 10.3 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 10.9 km |
| €166,80 | Chariming and creative house 50m from the beach | 11.3 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 16.5 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 18.1 km |
| €186,80 | Unique place with roof terrace in Old town | 18.3 km |
| €116 | Charming Sea Front Bungalow | 20.6 km |
| €124,86 | Sunny hillside casita in Guaro | 22.0 km |
Return & Value appreciation
Annual return
2.96%
5 Year Return
14.80%
10 Year Return
29.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, built in 2008, modern amenities, which supports steady appreciation.
- Local market trends in 2027: Growing demand for coastal properties on the Costa del Sol, driven by tourism and expatriate influx.
- Property type: Penthouse apartment with sea views and luxury features, highly desirable in the market.
Possible improvements
- Upgrade furniture and interior decor to attract higher rental yields.
- Install energy-efficient appliances and solar panels to reduce utility costs.
- Enhance outdoor space with landscaping or additional amenities to boost appeal.
Description
Discover this exceptional penthouse apartment in La Cala de Mijas, Spain, offering stunning panoramic views of the sea, lush forests, and beautifully landscaped gardens. Just a 5-minute walk from the beach, this modern top-floor residence combines luxury, comfort, and convenience in one highly sought-after location. The bright, airy layout features two spacious bedrooms, including a master en-suite, and two bathrooms. The open-plan, fully equipped kitchen with a separate utility area seamlessly connects to a generous living room that opens onto a south-facing terrace. Enjoy all-day sunshine and breathtaking vistas from sunrise to sunset, perfect for relaxing or entertaining. The property includes a dedicated parking space and a storage room in the underground garage, with furniture negotiable based on offers. Built in 2008, the well-maintained complex boasts extensive green spaces, a communal swimming pool, and a peaceful ambiance rarely found in newer developments. Located in La Cala de Mijas, Spain, residents benefit from close proximity to local amenities such as supermarkets, cafes, and a vibrant strip of Playa Marina, all within a 5-minute walk. Excellent transport links connect you to the charming town centers of La Cala de Mijas and Fuengirola, just a few minutes’ drive away, while Malaga International Airport is approximately 20 minutes from your doorstep. This outstanding property presents a rare opportunity for those seeking a beachside retreat with spectacular views, excellent amenities, and convenient access to everything La Cala de Mijas has to offer. Contact us today to schedule a viewing and secure your dream home in Spain’s beautiful Costa del Sol.
Location
Nightly rates in the area
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