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Apartment in La Cala de Mijas, 3 bedrooms, 70 m² €425.000

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3
Bedrooms
2
Bathrooms
70 m²
Surface area
€
€6071
Price per m²
Apartment
Property type
Apartment in La Cala de Mijas, 3 bedrooms, 70 m² - Hoofdafbeelding
Apartment in La Cala de Mijas, 3 bedrooms, 70 m² - Afbeelding 1
Apartment in La Cala de Mijas, 3 bedrooms, 70 m² - Afbeelding 2
Apartment in La Cala de Mijas, 3 bedrooms, 70 m² - Afbeelding 3
+24 photos

Analysis

Price
€425.000
Own investment (30%)
€127.500
Buyer costs
€42.500
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€793,33
Maintenance costs
-€58,33
Cleaning costs
-€333,33
Platform fees
-€470,82
Municipal taxes
-€102,81
Tax (19%)
-€262,24
Cashflow p.m.
Earned back in

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Nightly 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

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