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3
Bedrooms
2
Bathrooms
116 m²
Surface area
€
€3233
Price per m²
Apartment
Property type
+27 photos
Analysis
Price
€375.000
Own investment (30%)
€112.500
30% down payment of purchase price
Buyer costs
€37.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,14
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage costs
-€700
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€96,67
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€470,53
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€92,19
Municipal taxes for Mijas
Tax
(19%)
-€274,39
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
€161,14
High season
€204
Mid season
€156,42
Low season
€124
Price determining factors
- Proximity to golf courses and beaches: Enhances desirability and price.
- Community amenities: Pool, gardens, and gated security add value.
- Views and outdoor space: Panoramic golf course views and large terraces increase attractiveness.
- Property condition: Modern finishes and well-maintained interiors support higher pricing.
- Local economic stability: Contributes to consistent property demand.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €260,80 | Andalusian Villa with views, Pool, Garden & BBQ | 4.5 km |
| €185 | Villa La Guirnalda private pool/wifi/barbecue | 6.9 km |
| €164,40 | 3 Bed Accommodation with Pool | 9.5 km |
| €314 | Livita, Space, Above the beach, Cala de mijas | 10.2 km |
| €195,20 | Hacienda el Alamo | 10.3 km |
| €166,20 | Seaview house: Rooftop pool,gameroom, parking|REMS | 11.1 km |
| €92,80 | House Technology Park, luxury for you! | 16.8 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 21.0 km |
| €211,20 | Luxury attached Villa La Biznaga | 21.5 km |
| €226,80 | Bright Classic House Near La Malagueta | REMS | 25.4 km |
Return & Value appreciation
Annual return
9.36%
5 Year Return
46.80%
10 Year Return
93.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, which supports value appreciation.
- Local market trends in 2027: Expected growth due to increasing demand for luxury properties in Mijas and surrounding areas.
- Property type: Luxury penthouse with premium features, likely to appreciate well.
- Economic outlook in 2027: Positive, with steady economic growth in Spain and increased foreign investment.
- Demographic developments: Growing expatriate and retiree populations seeking luxury homes in Mijas.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities that could boost property values.
- Historical WOZ value trends: Consistent increase over recent years, indicating rising property values.
Possible improvements
- Adding a modernized kitchen or bathroom upgrades.
- Enhancing outdoor living spaces or terraces.
- Installing smart home technology.
- Improving energy efficiency with solar panels or better insulation.
- Landscaping the garden for better curb appeal.
Description
Discover this exceptional Mijas penthouse in Spain, offering stunning panoramic views over Los Largos Golf Course. This luxurious 3-bedroom, 2-bathroom penthouse in Mijas features a spacious open-plan lounge and dining area with direct access to a large terrace, perfect for outdoor dining and entertaining. The property boasts a fully fitted kitchen with high-quality appliances, including Edema and Teka, and stylish design features throughout. The master suite includes a private en-suite bathroom and access to a terrace overlooking the golf course. Additional bedrooms also enjoy private terraces with breathtaking golf course views. The penthouse is situated within a highly sought-after gated community in Mijas, Spain, offering superb amenities such as a community pool, children’s pool, and beautifully maintained gardens. The property benefits from marble floors, air conditioning, and fully fitted wardrobes. Located near championship golf courses like Los Largos and Los Olivos, Mijas Golf, this residence is just a short drive from the vibrant beaches of Fuengirola and Málaga city. With easy access to renowned restaurants and local attractions, this Mijas penthouse presents a rare opportunity for golf enthusiasts and investors alike. Viewing is highly recommended to appreciate the spectacular golf and lake vistas from this unique property in Mijas, Spain.
Location
Nightly rates in the area
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