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2
Bedrooms
1
Bathrooms
82 m²
Surface area
€
€3720
Price per m²
Apartment
Property type
+14 photos
Analysis
Price
€305.000
Own investment (30%)
€91.500
30% down payment of purchase price
Buyer costs
€30.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€103,04
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€569,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€68,33
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€319,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€77,31
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€152,93
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
€103,04
High season
€138
Mid season
€100,42
Low season
€82
Price determining factors
- Proximity to the beach and amenities: Enhances desirability.
- Sea views and private solarium: Premium features that increase value.
- Community facilities: Pools and security add to attractiveness.
- Property size and layout: Spacious and functional, appealing to families and investors.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 1.1 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 10.0 km |
| €132,40 | Spectacular house on Carvajal Beach | 10.3 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 10.9 km |
| €166,80 | Chariming and creative house 50m from the beach | 11.3 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 16.5 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 18.1 km |
| €186,80 | Unique place with roof terrace in Old town | 18.3 km |
| €116 | Charming Sea Front Bungalow | 20.6 km |
| €124,86 | Sunny hillside casita in Guaro | 22.0 km |
Return & Value appreciation
Annual return
8.55%
5 Year Return
42.75%
10 Year Return
85.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, which supports steady appreciation.
- Local market trends in 2027: Expected growth due to increasing popularity of La Cala de Mijas as a holiday and retirement destination.
- Property type: Penthouse with sea views, highly desirable and likely to appreciate.
- Economic outlook in 2027: Positive, with tourism and real estate sectors expected to grow.
- Demographic developments: Growing expat and retiree communities increasing demand.
- Infrastructure plans in 2027: Planned improvements in transportation and local amenities, boosting property values.
- Historical WOZ value trends: Consistent increase, indicating rising property values in the area.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade air conditioning and heating systems.
- Enhance outdoor space with landscaping or furniture.
- Add smart home features for increased convenience.
Description
Discover this stunning penthouse for sale in La Cala de Mijas, Spain, offering a perfect blend of charm and comfort just steps from the Mediterranean Sea. This bright and spacious property features two bedrooms, including a master with built-in wardrobes, and a large living-dining area that opens onto a generous terrace. From there, step up to a 70-square-meter private solarium with breathtaking sea views, providing an ideal space for relaxation and sunbathing. The fully equipped kitchen and two modern bathrooms add to the convenience of this exceptional home. Located only 700 meters from El Bombo Beach, this La Cala de Mijas penthouse boasts proximity to popular restaurants, shops, and public transport, making it a prime investment opportunity for both living and rental income. The well-maintained gated community features two communal swimming pools, one of which is open year-round, ensuring leisure and recreation all year long. Natural light floods every room, complemented by air conditioning for comfort in every season. Security is enhanced with an intercom system, and the neighborhood’s amenities include proximity to golf courses, shopping centers, and schools, making this property perfect for families or investors. Don’t miss the chance to own this exceptional penthouse in La Cala de Mijas, Spain, where coastal living meets convenience and elegance. Schedule a viewing today and make this Mediterranean paradise your new home!
Location
Nightly rates in the area
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