You have reached your limit. Log in for unlimited access.
3
Bedrooms
2
Bathrooms
139 m²
Surface area
€
€6619
Price per m²
Apartment
Property type
+45 photos
Analysis
Price
€920.000
Own investment (30%)
€276.000
30% down payment of purchase price
Buyer costs
€92.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,15
Expected occupancy rate
64%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€1.717,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€115,83
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€470,56
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€175,42
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€61,67
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.
Interested?
Log in now to contact the seller directly
Log inNightly Rates
Estimated nightly rate
€161,15
High season
€204
Mid season
€156,42
Low season
€124
Price determining factors
- Proximity to beaches, golf courses, and town centers increases desirability.
- High-quality finishes and modern design add value.
- Availability of amenities like pools, gardens, and security enhances appeal.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €260,80 | Andalusian Villa with views, Pool, Garden & BBQ | 7.2 km |
| €185 | Villa La Guirnalda private pool/wifi/barbecue | 17.4 km |
| €164,40 | 3 Bed Accommodation with Pool | 3.5 km |
| €314 | Livita, Space, Above the beach, Cala de mijas | 1.5 km |
| €195,20 | Hacienda el Alamo | 13.6 km |
| €166,20 | Seaview house: Rooftop pool,gameroom, parking|REMS | 18.7 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 15.4 km |
| €217 | Fabulous Villa,private pool, stunning views,Malaga | 21.3 km |
| €210 | Beach House | 1.7 km |
| €84 | Paradise, sun and beach. Charming terrace. | 1.4 km |
Return & Value appreciation
Annual return
0.86%
5 Year Return
4.30%
10 Year Return
8.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern upgrades enhances value.
- Local market trends in 2027: Growing demand for luxury properties in Costa del Sol.
- Property type: High-end penthouse with premium features attracts affluent buyers.
- Economic outlook in 2027: Stable with potential growth in tourism and real estate sectors.
- Demographic developments: Increasing expatriate and retiree populations boosting demand.
- Infrastructure plans in 2027: Continued improvements in transportation and amenities support value growth.
- Historical WOZ value trends: Consistent appreciation indicating a healthy market.
Possible improvements
- Adding a private pool or jacuzzi.
- Upgrading smart home features.
- Enhancing outdoor living spaces with additional landscaping or furniture.
- Installing solar panels for energy efficiency.
Description
Discover this stunning penthouse apartment in La Cala de Mijas, Spain, offering exceptional views of La Noria Golf and partial sea vistas. Located in the prestigious Navigolf Phase 4, this contemporary penthouse combines modern design with high-end finishes, making it an ideal choice for those seeking a luxurious home or a smart investment in the Costa del Sol. Featuring three spacious bedrooms, two bathrooms plus a guest toilet, and a large sunlit terrace with golf and sea views, this property provides ample outdoor living space. Built in 2021, the apartment includes premium upgrades such as a designer kitchen with drawer storage, sophisticated wardrobes, zoned WiFi-controlled A/C, and underfloor heating in the living room and master bedroom. Additional features include a private storage room, two underground parking spaces, an alarm system, UV window film, and an outdoor solar-heated shower. Situated in La Cala de Mijas, Spain, residents benefit from walking proximity to beaches, vibrant town centers, shops, and restaurants, with easy access to major roads connecting Marbella and Málaga. Navigolf Phase 4 offers landscaped gardens, two swimming pools (one completed in 2025), a padel court, and children’s play areas, ensuring a secure and tranquil environment. Whether as a holiday retreat, permanent residence, or rental investment, this La Cala de Mijas apartment combines style, comfort, and prime location on Spain’s Costa del Sol.
Location
Nightly rates in the area
Questions? Chat with us!