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Apartment in La Cala de Mijas, 3 bedrooms, 253 m² €795.000

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3
Bedrooms
2
Bathrooms
253 m²
Surface area
€3142
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 3 bedrooms, 253 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 3 bedrooms, 253 m² - Afbeelding 1
Apartment in La Cala de Mijas, 3 bedrooms, 253 m² - Afbeelding 2
Apartment in La Cala de Mijas, 3 bedrooms, 253 m² - Afbeelding 3
+27 photos

Analysis

Price
€795.000
Own investment (30%)
€238.500
Buyer costs
€79.500
Estimated nightly rate
€161,15
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€1.484
Maintenance costs
-€210,83
Cleaning costs
-€333,33
Platform fees
-€470,56
Municipal taxes
-€181,44
Tax (19%)
-€86,81
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€161,15
High season
€204
Mid season
€156,42
Low season
€124

Price determining factors

  • High-end finishes and modern design.
  • Prime location near beaches and amenities.
  • Luxury development with extensive amenities.
  • Panoramic sea views and outdoor living spaces.

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

1.40%

5 Year Return

7.00%

10 Year Return

14.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained high-end finishes support value retention and appreciation.
  • Local market trends in 2027: Growing demand for luxury coastal properties in Spain.
  • Property type: Penthouse apartments tend to appreciate faster due to exclusivity.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe boosts real estate investments.
  • Demographic developments: Increasing interest from international buyers and retirees.
  • Infrastructure plans in 2027: Continued improvements in transportation and amenities enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Modernize bathrooms with contemporary fittings.
  • Enhance outdoor spaces with additional landscaping or furniture.
  • Implement smart home technology for added convenience.

Description

Experience luxurious coastal living in this stunning 3-bedroom penthouse in La Cala de Mijas, Spain. Located within the prestigious Vitta Natura development, this property offers an expansive 160m² terrace with breathtaking panoramic views of the Mediterranean Sea and the vibrant coastline. The open-plan living area is flooded with natural light through floor-to-ceiling windows, showcasing high-end finishes and seamless indoor-outdoor living spaces that epitomize contemporary Mediterranean elegance. Vitta Natura's amenities elevate the living experience, featuring two outdoor pools, a heated indoor pool, a luxurious spa, and a fully equipped gym to support a healthy and relaxing lifestyle. For remote workers, the modern co-working area provides the perfect environment for productivity amidst tranquil surroundings. Additional conveniences include secure underground parking, private storage, and beautifully landscaped communal gardens. Perfectly situated, this La Cala de Mijas penthouse offers easy access to the charming village, just a 5-minute drive away, and the pristine beaches within a 10-minute walk. Malaga Airport is only 20 minutes by car, making travel effortless. Whether seeking a primary residence, holiday retreat, or investment property, this La Cala de Mijas penthouse combines luxury, comfort, and coastal charm in one exceptional package, making it a prime opportunity in Spain’s real estate market.

Location

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