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2
Bedrooms
2
Bathrooms
103 m²
Surface area
€
€4326
Price per m²
Apartment
Property type
+26 photos
Analysis
Price
€445.585
Own investment (30%)
€133.675,50
30% down payment of purchase price
Buyer costs
€44.558,50
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
-€831,76
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€85,83
{% 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
-€107,19
Municipal taxes for Mijas
Tax
(19%)
-€122,06
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
- Location: Frontline sea location in Mijas with high demand.
- Views and orientation: South-facing with open sea vistas, highly attractive.
- Property features: Terrace, winter garden, modern amenities, and parking.
- Market demand: Strong demand for holiday and investment properties in Costa del Sol.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
4.67%
5 Year Return
23.35%
10 Year Return
46.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern features, which supports value retention and appreciation.
- Local market trends in 2027: Expected growth in demand for coastal properties in Costa del Sol due to tourism and expatriate influx.
- Property type: Luxury penthouse with sea views, highly desirable and likely to appreciate.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, supporting real estate investment.
- Demographic developments: Increasing expatriate and retiree populations seeking coastal living.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and tourism infrastructure in Mijas and Costa del Sol.
- Historical WOZ value trends: Consistent increase in property values and taxes in the region, indicating appreciation.
Possible improvements
- Upgrade kitchen and bathrooms for modern aesthetics.
- Enhance outdoor living spaces with additional features or furniture.
- Implement energy-efficient upgrades to reduce costs and appeal.
- Add smart home technology for convenience and modern appeal.
Description
Discover this exceptional frontline sea penthouse for sale in Mijas, Spain, offering breathtaking Mediterranean views and luxurious living in the prestigious Marina del Sol / Solvillas III community. Located in La Cala de Mijas, this exclusive Mijas property provides a rare opportunity to enjoy both sunrise and sunset from a privileged setting, with open sea vistas and an ideal south-facing orientation that maximizes natural light.
Situated on the third exterior floor, this private penthouse spans 103 m² of stylishly designed living space, complemented by a 20 m² versatile terrace and a cozy winter garden—perfect for year-round relaxation. The spacious layout includes two bedrooms with fitted wardrobes, two bathrooms, and an inviting living area seamlessly connected to outdoor terraces, creating an ideal indoor-outdoor living experience.
Key features include energy-efficient pellet stove heating, air conditioning (hot and cold), and a contemporary design reflecting quality craftsmanship since its construction in 2008. The property benefits from a dedicated parking space and access to a well-maintained complex with a communal swimming pool, making it suitable as a permanent residence, holiday retreat, or lucrative investment in the sought-after Costa del Sol region.
This frontline sea penthouse in Mijas offers unmatched views, comfort, and convenience just minutes from golden beaches, vibrant restaurants, and essential services. Experience the best of Mediterranean living in one of Spain’s most desirable coastal destinations with this remarkable property.
Location
Nightly rates in the area
Questions? Chat with us!