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5
Bedrooms
5
Bathrooms
470 m²
Surface area
€
€1572
Price per m²
Apartment
Property type
+51 photos
Analysis
Price
€739.000
Own investment (30%)
€221.700
30% down payment of purchase price
Buyer costs
€73.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€632,56
Expected occupancy rate
52%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€1.379,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€391,67
{% 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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€1.500,75
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€169,54
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€1.175,83
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
€632,56
High season
€818
Mid season
€633,08
Low season
€458
Price determining factors
- Proximity to beaches and amenities: Enhances desirability.
- Views and outdoor spaces: Panoramic sea views and terraces add value.
- Property size and luxury features: Larger, luxurious properties attract premium prices.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €553,60 | Beautiful villa with sea view for 14 persons | 1.8 km |
| €388,86 | Spacious Modern Villa with heated pool in Marbella | 11.5 km |
| €627,80 | VillaSpainExperience with heated pool | 21.5 km |
| €364 | Casa Isa - Marbellamar | 20.7 km |
| €312,20 | Hill Villa Higueron Reserve | 11.3 km |
| €621,40 | Villa Holivista | 13.4 km |
| €1.321,60 | 5* Beachfront Villa, SAUNA & Infrared, Heated Pool | 0.3 km |
| €1.002 | Villa Mananitas with Sea Views and close to Beach | 1.5 km |
| €339 | Villa in Torreblanca | 5 Bedrooms & Heated Pool | 9.6 km |
| €248 | Casa Del Mar - Marbellamar by Finest Rentals | 20.6 km |
Return & Value appreciation
Annual return
20.35%
5 Year Return
101.75%
10 Year Return
203.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained properties tend to appreciate more.
- Local market trends in 2027: Growing demand for luxury coastal properties.
- Property type: High-end penthouses generally see higher appreciation.
- Economic outlook in 2027: Positive economic growth supports property value increases.
- Demographic developments: Increasing affluent population and retirees in Costa del Sol.
- Infrastructure plans in 2027: Planned improvements in transport and amenities boost property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovate and modernize the kitchen and bathrooms.
- Upgrade interior finishes and fixtures for a more contemporary look.
- Enhance outdoor spaces with landscaping or additional amenities.
- Install smart home technology for added convenience and appeal.
Description
Discover this luxurious triplex penthouse in La Cala de Mijas, Spain, offering 470 m² of elegant living space, including 270 m² of usable area, expansive terraces, private garages, and storage rooms. Nestled within a prestigious development in La Cala de Mijas, this property exemplifies sophisticated coastal living on the Costa del Sol, just minutes from the beach. Surrounded by lush gardens, fountains, and swimming pools, with 24-hour security, it provides a perfect sanctuary for those seeking privacy and comfort.
The main level features a spacious open-plan living and dining area with multiple seating zones, seamlessly connected to large terraces that fill the space with natural light and scenic views. The modern, fully equipped kitchen includes a practical utility room, while a guest bedroom with an en-suite bathroom, currently used as an office, offers versatile space.
Upstairs, enjoy a private solarium with a jacuzzi, chill-out zone, outdoor dining, and barbecue area—an idyllic setting for relaxation or entertaining while soaking in stunning views of the Costa del Sol’s year-round sunshine.
The top floor houses four bright, generous bedrooms: two with en-suite bathrooms and dressing rooms, and two sharing a full bathroom, ensuring privacy and comfort for family and guests. Two secure parking spaces and additional storage complete this exceptional property.
Located in La Cala de Mijas, Spain, this penthouse benefits from proximity to renowned golf courses, Marbella, Fuengirola, and a wealth of amenities and transport links. This triplex penthouse in La Cala de Mijas is more than a home—it’s a lifestyle choice for those seeking luxury, space, and the best of Costa del Sol living.
Location
Nightly rates in the area
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