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3
Bedrooms
2
Bathrooms
70 m²
Surface area
€
€6071
Price per m²
Apartment
Property type
+24 photos
Analysis
Price
€425.000
Own investment (30%)
€127.500
30% down payment of purchase price
Buyer costs
€42.500
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
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Mortgage costs
-€793,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€58,33
{% 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
-€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
-€102,81
Municipal taxes for La Cala de Mijas
Tax
(19%)
-€262,24
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
€161,24
High season
€203
Mid season
€156,75
Low season
€124
Price determining factors
- Location proximity to La Cala beach
- Community amenities including pools and parking
- Property size and outdoor space
- Modern interior features
- Views from the solarium
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
10.52%
5 Year Return
52.60%
10 Year Return
105.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition
- Local market trends in 2027
- Property type
- Economic outlook in 2027
- Demographic developments
- Infrastructure plans in 2027
- Historical WOZ value trends
Possible improvements
- Upgrade kitchen appliances and fixtures
- Modernize bathrooms
- Enhance outdoor living spaces with new furniture or coverings
- Improve energy efficiency with solar panels or insulation
- Renovate interior decor for a contemporary look
Description
Discover this stunning 3-bedroom, 2-bathroom penthouse in La Cala de Mijas, Spain, just a short 11-minute walk to the beautiful La Cala beach. Situated in the highly sought-after Angel de Miraflores urbanization, this luxurious property offers exceptional outdoor living with a spacious 70m2 solarium featuring 360-degree panoramic views of the surrounding landscape, perfect for year-round enjoyment. Inside, the penthouse boasts a bright lounge and dining area with direct access to a private terrace, a semi-open plan kitchen, three double bedrooms, a full bathroom, and an additional shower room. The terrace extends to the spiral staircase leading up to the expansive solarium, where you can relax in open or covered seating areas, soak up the sun, and admire breathtaking vistas in all directions. The solarium is equipped with power and water supplies, making it ideal for creating a personalized outdoor living space. The property also includes a secure underground parking space and a generous storage room for convenience. Residents enjoy access to three community swimming pools—two large pools and a children’s pool—with one pool located directly behind the penthouse building. Lift access from the underground parking and pedestrian entrances further enhance the property's appeal. This exceptional La Cala de Mijas property in Spain combines modern comfort, stunning outdoor spaces, and prime location, making it an ideal investment or holiday home in the Costa del Sol.
Location
Nightly rates in the area
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