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2
Bedrooms
2
Bathrooms
75 m²
Surface area
€
€6653
Price per m²
Apartment
Property type
+18 photos
Analysis
Price
€499.000
Own investment (30%)
€149.700
30% down payment of purchase price
Buyer costs
€49.900
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
-€931,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€62,50
{% 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
-€118,54
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€108,80
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
- Proximity to beaches, golf courses, and local amenities.
- Luxury features and modern design.
- Private terrace and communal amenities.
- High demand for holiday rentals and vacation homes.
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
3.72%
5 Year Return
18.60%
10 Year Return
37.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities enhances value.
- Local market trends in 2027: Growing demand for coastal properties on the Costa del Sol.
- Property type: Luxury penthouse with extensive private terrace appeals to high-end buyers.
- Economic outlook in 2027: Positive economic growth in Spain and increased tourism boost property values.
- Demographic developments: Increasing expatriate and retiree population seeking seaside homes.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities support property appreciation.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Upgrade furniture and appliances for modern appeal.
- Enhance outdoor space with additional landscaping or outdoor furniture.
- Implement energy-efficient upgrades to reduce utility costs.
- Add smart home features for increased convenience.
Description
Discover this stunning penthouse in La Cala de Mijas, Spain, offering the perfect blend of coastal luxury and comfort. This 2-bedroom, 2-bathroom penthouse provides 75m² of well-maintained living space complemented by a spacious 140m² private terrace, ideal for soaking up the Mediterranean sun and enjoying breathtaking sea views. Located in the vibrant village of La Cala de Mijas, this property is close to golf courses, shops, beaches, and schools, making it an excellent choice for both permanent residence and holiday rental investment.
Designed with natural light and modern comforts in mind, the south-facing penthouse features features such as fitted wardrobes, marble flooring, double glazing, and fiber optic internet. The fully fitted kitchen with contemporary appliances, along with stylish furniture, creates a move-in-ready home. Enjoy year-round climate control with hot & cold air conditioning and central heating.
Residents benefit from communal amenities including landscaped gardens, a swimming pool, children's pool, and secure gated access with an alarm system. Additional conveniences include private underground parking, a storage room, satellite TV, WiFi, and electricity included.
This La Cala de Mijas property’s prime location on the Costa del Sol makes it highly desirable for investors seeking vacation rentals or buyers looking for a luxurious seaside retreat. Embrace the relaxed Mediterranean lifestyle in this exceptional penthouse in La Cala de Mijas, Spain.
Location
Nightly rates in the area
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