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2
Bedrooms
2
Bathrooms
91 m²
Surface area
€
€3945
Price per m²
Apartment
Property type
+30 photos
Analysis
Price
€359.000
Own investment (30%)
€107.700
30% down payment of purchase price
Buyer costs
€35.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€670,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€75,83
{% 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
-€345,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€88,79
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€158,16
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
€111,42
High season
€149
Mid season
€108,50
Low season
€87
Price determining factors
- Proximity to beaches, golf courses, and local amenities.
- Luxury features and privacy of the penthouse.
- Views and outdoor space, especially the rooftop terrace.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
7.51%
5 Year Return
37.55%
10 Year Return
75.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern finishes enhances value.
- Local market trends in 2027: Expected growth in luxury property demand in La Cala de Mijas.
- Property type: Penthouse with unique features like private rooftop terrace increases desirability.
- Economic outlook in 2027: Positive economic growth in Spain supports property appreciation.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities could elevate property values.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen appliances and finishes.
- Enhance outdoor living spaces with additional features.
- Implement smart home technology.
- Improve energy efficiency with solar panels or better insulation.
Description
Discover this luxurious penthouse in La Cala de Mijas, Spain, offering stunning sea views and exceptional privacy within a prestigious gated community. Located at the top of the well-maintained Vitania urbanization, this high-end property features a spacious, thoughtfully designed layout with two en-suite bedrooms, a bright living room with expansive glass panels, and access to nearly 100 m² of terraces. The highlight is the private rooftop terrace, equipped with glass panels and an outdoor shower, perfect for enjoying panoramic views, relaxing, or entertaining. The modern interior showcases sleek finishes, light flooring, and a fully equipped kitchen with integrated appliances. Central air conditioning, a water filtration system, private garage, and storage room add to the property's appeal. Situated just minutes from the charming town of La Cala de Mijas, Spain, residents can enjoy a vibrant local scene with restaurants, shops, and a beautiful beachfront promenade. Golf enthusiasts will appreciate the proximity to renowned courses like La Cala Golf. This exclusive La Cala de Mijas penthouse combines tranquility, luxury, and convenience, making it an ideal permanent residence or vacation home in Spain.
Location
Nightly rates in the area
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