You can view 2 more properties. Log in for unlimited access.
3
Bedrooms
2
Bathrooms
168 m²
Surface area
€
€2708
Price per m²
Apartment
Property type
+23 photos
Analysis
Price
€455.000
Own investment (30%)
€136.500
30% down payment of purchase price
Buyer costs
€45.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€849,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€140
{% 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
-€470,82
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€109,19
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€234,87
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.
Interested?
Log in now to contact the seller directly
Log inNightly Rates
Estimated nightly rate
€161,24
High season
€203
Mid season
€156,75
Low season
€124
Price determining factors
- Economic outlook in 2027: Stable to positive, driven by tourism and real estate investments.
- Demographic developments: Increasing number of expatriates and retirees seeking coastal living.
- Infrastructure plans in 2027: Improvements in transportation and amenities in La Cala de Mijas will boost property values.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
8.80%
5 Year Return
44.00%
10 Year Return
88.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Recently renovated, modern upgrades increase value and appeal.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in popular towns like La Cala de Mijas.
- Property type: Duplex penthouse with private solarium offers high desirability and rental potential.
Possible improvements
- Adding a swimming pool or hot tub on the solarium.
- Upgrading smart home features for modern convenience.
- Enhancing outdoor space with landscaping or additional seating areas.
Description
Discover this beautifully renovated duplex penthouse in the vibrant heart of La Cala de Mijas, Spain. Perfectly situated just minutes from the beach, shops, restaurants, and leisure facilities, this property offers an exceptional blend of urban convenience and coastal charm. Facing south, west, and north, the penthouse benefits from abundant natural light and stunning views of the old town and bustling streets. The recently upgraded kitchen and bathrooms, along with a dedicated laundry area, ensure modern comfort and style. The master bedroom features an en-suite bathroom, while double-glazed windows provide tranquility and energy efficiency. Enjoy year-round comfort with hot/cold air conditioning. The private solarium presents an ideal space for relaxing or entertaining, with the potential for extension enhancing its investment appeal. This duplex penthouse in La Cala de Mijas boasts high rental potential, making it a smart choice for investors seeking profitable property in Spain. Its proximity to top golf courses, tennis courts, schools, and the beach makes it perfect for families or those seeking an active, urban lifestyle. With excellent amenities and a prime location in La Cala de Mijas, this property is a rare opportunity to own a stylish, renovated duplex penthouse in one of Spain’s most sought-after coastal towns.
Location
Nightly rates in the area
Questions? Chat with us!