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Apartment in La Cala de Mijas, 5 bedrooms, 470 m² €739.000

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5
Bedrooms
5
Bathrooms
470 m²
Surface area
€1572
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 5 bedrooms, 470 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 5 bedrooms, 470 m² - Afbeelding 1
Apartment in La Cala de Mijas, 5 bedrooms, 470 m² - Afbeelding 2
Apartment in La Cala de Mijas, 5 bedrooms, 470 m² - Afbeelding 3
+51 photos

Analysis

Price
€739.000
Own investment (30%)
€221.700
Buyer costs
€73.900
Estimated nightly rate
€632,56
Expected occupancy rate
52%
Gross rental p/m
€0000
Mortgage costs
-€1.379,47
Maintenance costs
-€391,67
Cleaning costs
-€375
Platform fees
-€1.500,75
Municipal taxes
-€169,54
Tax (19%)
-€1.175,83
Cashflow p.m.
Earned back in

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Nightly 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

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