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3
Bedrooms
3
Bathrooms
212 m²
Surface area
€
€4127
Price per m²
Apartment
Property type
+47 photos
Analysis
Price
€875.000
Own investment (30%)
€262.500
30% down payment of purchase price
Buyer costs
€87.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€170,42
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€1.633,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€176,67
{% 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
-€505,40
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€167,45
Municipal taxes for Mijas
Tax
(19%)
-€105,10
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
€170,42
High season
€217
Mid season
€165,42
Low season
€131
Price determining factors
- Property condition: Upgrades and maintenance can increase value.
- Local market trends in 2027: Market appreciation driven by tourism and foreign investment.
- Property type: Luxury penthouse commands higher premiums.
- Economic outlook in 2027: Economic stability and growth support higher property prices.
- Demographic developments: Growth in affluent and retiring populations increases demand.
- Infrastructure plans in 2027: New developments and infrastructure projects enhance desirability.
- Historical WOZ value trends: Rising WOZ values reflect increasing property worth.
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
1.54%
5 Year Return
7.70%
10 Year Return
15.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern finishes enhances value.
- Local market trends in 2027: Growing demand for luxury properties on Costa del Sol.
- Property type: High-end penthouse with premium features attracts affluent buyers.
- Economic outlook in 2027: Positive economic growth in Spain and Europe supports real estate investments.
- Demographic developments: Increasing expatriate and retiree population in Mijas.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities boost property appeal.
- Historical WOZ value trends: Consistent increase indicates rising property values.
Possible improvements
- Renovate and modernize kitchen and bathrooms.
- Add smart home technology for increased convenience.
- Enhance outdoor living spaces with additional landscaping or features.
- Upgrade fixtures and finishes to premium materials.
- Improve energy efficiency with solar panels or insulation.
Description
Experience luxury living in this stunning penthouse for sale in Mijas, Spain, offering breathtaking sea views and direct access to a lush golf course. Located in the desirable Urbanización Cerrado del Águila, this contemporary Mijas penthouse seamlessly combines elegance and comfort with panoramic windows that flood the open-plan living space with natural light. The stylish living area features a plush white sectional sofa and vibrant rugs, perfectly complemented by a sleek modern kitchen with navy cabinetry, white countertops, and top-tier stainless steel appliances. The three sophisticated bathrooms include a floating double vanity and glass-enclosed shower, while the primary bedroom serves as a tranquil retreat with private terrace access, a canopied bed, a walk-in closet, and a luxurious en-suite. An additional bedroom offers impressive views, and a dedicated office area provides a perfect workspace with ample natural light. The highlight of this Mijas penthouse is the expansive private terrace with a swimming pool, offering stunning vistas of the surrounding hills and greenery—ideal for outdoor entertaining or relaxing. Two parking spaces and two storage rooms add convenience, while residents enjoy exclusive access to communal amenities such as a large heated pool and outdoor kitchen. This prime property combines exceptional location, modern amenities, and spectacular sea and golf course views in Mijas, Spain, making it an ideal investment or permanent residence on the Costa del Sol. Discover your dream home in Mijas, Spain, today.
Location
Nightly rates in the area
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