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Apartment in La Cala de Mijas, 2 bedrooms, 94 m² €549.000

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2
Bedrooms
2
Bathrooms
94 m²
Surface area
€5840
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 2 bedrooms, 94 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 2 bedrooms, 94 m² - Afbeelding 1
Apartment in La Cala de Mijas, 2 bedrooms, 94 m² - Afbeelding 2
Apartment in La Cala de Mijas, 2 bedrooms, 94 m² - Afbeelding 3
+18 photos

Analysis

Price
€549.000
Own investment (30%)
€164.700
Buyer costs
€54.900
Estimated nightly rate
€112,66
Expected occupancy rate
67%
Gross rental p/m
€0000
Mortgage costs
-€1.024,80
Maintenance costs
-€78,33
Cleaning costs
-€291,67
Platform fees
-€344,39
Municipal taxes
-€138,94
Tax (19%)
-€79,38
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€112,66
High season
€151
Mid season
€109,58
Low season
€90

Price determining factors

  • Property condition: Upgrading fixtures or finishes could increase value.
  • Local market trends in 2027: Market growth driven by tourism and foreign investment.
  • Property type: Luxury penthouse typically appreciates faster than standard apartments.
  • Economic outlook in 2027: Economic stability supports property appreciation.
  • Demographic developments: Growing expatriate and retiree communities.
  • Infrastructure plans in 2027: New developments in transport and leisure facilities.
  • Historical WOZ value trends: Rising WOZ values indicate increasing market prices.

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

1.85%

5 Year Return

9.25%

10 Year Return

18.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern interiors and amenities support value growth.
  • Local market trends in 2027: Continued demand for holiday rentals and coastal properties in Spain.
  • Property type: Duplex penthouse with luxury features attracts higher appreciation.
  • Economic outlook in 2027: Stable to positive, with tourism and real estate sectors performing well.
  • Demographic developments: Increasing interest from international buyers and retirees.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities enhance accessibility.
  • Historical WOZ value trends: Consistent increase reflecting rising property values.

Possible improvements

  • Renovate kitchen and bathrooms with modern fixtures.
  • Enhance outdoor terraces with stylish furniture and landscaping.
  • Upgrade interior decor to contemporary styles.
  • Add smart home technology for increased appeal.

Description

Discover this stunning duplex penthouse in La Cala de Mijas, Spain, offering luxurious living with breathtaking views. This spacious two-bedroom, two-bathroom property features two large terraces perfect for enjoying the Mediterranean climate and spectacular scenery. Located within one of the most sought-after urbanizations in La Cala de Mijas, this property provides direct access to premium amenities including indoor and outdoor swimming pools, a fully-equipped gym, spa, sauna, and 24-hour security, ensuring a secure and relaxing lifestyle. The penthouse comes with two covered outdoor parking spaces within the complex, providing convenience for residents and guests. Additionally, this property holds a tourist license, making it an ideal investment for holiday rentals and short-term lets in La Cala de Mijas, Spain. Situated just minutes from the vibrant town center, this property combines tranquility with accessibility to local shops, restaurants, and beaches. Whether you’re seeking a permanent residence or a lucrative holiday rental investment in La Cala de Mijas, Spain, this duplex penthouse offers unparalleled quality, comfort, and spectacular coastal views. For more details, contact Lisa Hatton today.

Location

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