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3
Bedrooms
2
Bathrooms
125 mĀ²
Surface area
ā¬
ā¬3360
Price per mĀ²
Apartment
Property type
+33 photos
Analysis
Price
ā¬420.000
Own investment (30%)
ā¬126.000
30% down payment of purchase price
Buyer costs
ā¬42.000
Buyer costs: 10% of purchase price
Estimated nightly rate
ā¬161,24
Expected occupancy rate
64%
Gross rental p/m
Log in to see the annual gross rental income
ā¬0000
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Mortgage costs
-ā¬784
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-ā¬104,17
{% trans 'Estimated annual maintenance costs (10ā¬/mĀ²). This is the
rule of thumb for existing and older homes. For new construction,
this is usually lower.' %}
Cleaning costs
-ā¬333,33
Annual cleaning costs:ā¬4000 (ā¬333.33/month).Based on number of bedrooms.
Platform fees
-ā¬470,82
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-ā¬101,75
Municipal taxes for Mijas
Tax
(19%)
-ā¬255,50
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
ā¬161,24
High season
ā¬203
Mid season
ā¬156,75
Low season
ā¬124
Price determining factors
- Proximity to beaches, amenities, and transportation hubs.
- Views of golf course and mountains.
- Luxury features such as marble floors, solarium, and private parking.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| ā¬260,80 | Andalusian Villa with views, Pool, Garden & BBQ | 4.5 km |
| ā¬185 | Villa La Guirnalda private pool/wifi/barbecue | 6.9 km |
| ā¬164,40 | 3 Bed Accommodation with Pool | 9.5 km |
| ā¬314 | Livita, Space, Above the beach, Cala de mijas | 10.2 km |
| ā¬195,20 | Hacienda el Alamo | 10.3 km |
| ā¬166,20 | Seaview house: Rooftop pool,gameroom, parking|REMS | 11.1 km |
| ā¬92,80 | House Technology Park, luxury for you! | 16.8 km |
| ā¬378,33 | Casa Calma Ē Private Pool Ē Close to Beach + Golf | 21.0 km |
| ā¬211,20 | Luxury attached Villa La Biznaga | 21.5 km |
| ā¬226,80 | Bright Classic House Near La Malagueta | REMS | 25.4 km |
Return & Value appreciation
Annual return
10.37%
5 Year Return
51.85%
10 Year Return
103.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern finishes enhances value.
- Local market trends in 2027: Growing demand for luxury properties in Costa del Sol.
- Property type: Penthouse with premium features attracts higher appreciation.
- Economic outlook in 2027: Stable with potential growth in tourism and real estate sectors.
- Demographic developments: Increasing expatriate and retiree population boosts demand.
- Infrastructure plans in 2027: Improvements in transportation and amenities support value growth.
- Historical WOZ value trends: Consistent increase indicates positive market trajectory.
Possible improvements
- Upgrade kitchen appliances and finishes.
- Enhance outdoor living spaces with additional features.
- Implement energy-efficient systems to reduce utility costs.
- Renovate bathrooms for modern aesthetics.
Description
Experience luxurious living in this stunning three-bedroom penthouse for sale in Mijas, Spain, offering breathtaking views of the golf course and Mijas Mountains. Located in the prestigious Cerrado del Ćguila Golf community, this Mijas penthouse combines elegance and comfort with 125 mĀ² of bright, spacious interiors finished with marble floors and large windows. The modern kitchen features a separate laundry area, ideal for culinary enthusiasts. Step onto the expansive 80 mĀ² solarium terrace, perfect for sunbathing, outdoor dining, or relaxing with friends amidst serene golf course vistas. The property boasts underfloor heating in the bathrooms, air conditioning, and electric heating throughout for year-round comfort. The large living room is thoughtfully divided into living and dining zones, creating a warm, inviting atmosphere. Additional features include built-in wardrobes, private parking, and access to communal pools and lush gardens, making this Mijas property ideal for those seeking a tranquil Costa del Sol lifestyle. Conveniently situated just 2 km from Fuengirola and 5 km from Cala de Mijas, this Mijas penthouse provides easy access to local amenities, beaches, and vibrant town life. Donāt miss this exceptional opportunity to own a luxury penthouse in Mijas, Spain, where comfort, privacy, and stunning natural surroundings come together perfectly.
Location
Nightly rates in the area
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