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4
Bedrooms
3
Bathrooms
155 m²
Surface area
€
€6452
Price per m²
Apartment
Property type
+25 photos
Analysis
Price
€999.999
Own investment (30%)
€299.999,70
30% down payment of purchase price
Buyer costs
€99.999,90
Buyer costs: 10% of purchase price
Estimated nightly rate
€282,58
Expected occupancy rate
62%
Gross rental p/m
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€0000
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Mortgage costs
-€1.866,66
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€129,17
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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€799,35
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€201,98
Municipal taxes for Mijas Costa
Tax
(19%)
-€371,80
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
€282,58
High season
€347
Mid season
€274,17
Low season
€222
Price determining factors
- Property condition: Modern, furnished interiors attract buyers and renters.
- Local market trends in 2027: Rising property prices in Mijas Costa and nearby Marbella.
- Property type: Luxury penthouse with extensive terraces and amenities commands premium pricing.
- Economic outlook in 2027: Stable economic growth supports higher property prices.
- Demographic developments: Growth in affluent and expatriate populations increases demand.
- Infrastructure plans in 2027: Enhanced connectivity and local developments improve desirability.
- Historical WOZ value trends: Steady increase in property tax assessments reflects appreciation.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €241,40 | Casa Tranquila (Quiet House) La Cala de Mijas | 5.9 km |
| €247 | Ayma Ocean View | 4.5 km |
| €212,60 | Modern house with panoramic ocean views in Alya | 7.9 km |
| €210,60 | Lovely townhouse with private pool | 2.8 km |
| €427,60 | Heated pool / Premium Spanish villa / Sea views | 4.9 km |
| €477,43 | Impressive VILLA Dazura in Valtocado. MIJAS | 6.9 km |
| €249,80 | Stylish Villa París - Heated Pool | 5.7 km |
| €291 | Spacious 4-Bedroom Townhouse 3 min from the Beach | 8.2 km |
| €377,40 | Villa Lola with pool, private oasis | 16.1 km |
| €197 | The tropical paradise in Malaga | 17.9 km |
Return & Value appreciation
Annual return
4.76%
5 Year Return
23.80%
10 Year Return
47.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, move-in ready condition enhances value.
- Local market trends in 2027: Growing demand for luxury properties in Mijas Costa and surrounding areas.
- Property type: Penthouse apartments in high-end gated communities tend to appreciate well.
- Economic outlook in 2027: Positive economic growth in Spain and increased foreign investment support property appreciation.
- Demographic developments: Increasing expatriate and retiree populations boost demand for luxury housing.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities can increase property value.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Adding a private pool or hot tub on the terraces.
- Upgrading kitchen appliances and interior finishes for a more luxurious feel.
- Enhancing outdoor spaces with landscaping or additional seating areas.
- Implementing smart home technology for added convenience and appeal.
Description
Discover this stunning fully furnished penthouse in Mijas Costa, Spain, offering luxurious living in a prestigious gated community. This newly completed residence features four spacious bedrooms and three modern bathrooms, ideal for families or investors seeking comfort and convenience. Spanning approximately 119 sqm of indoor space and over 120 sqm of expansive terraces, the property boasts a total private area of around 240 sqm, perfect for outdoor relaxation and entertaining. The large terraces, with three different exposures, ensure sunlight all day long—ideal for outdoor dining, lounging, or sunbathing.
Inside, the contemporary interiors are move-in ready, furnished with premium equipment, requiring no additional renovations. The open-plan living room with a kitchenette leads seamlessly to the main terrace, enhancing the sense of space and comfort. Included are two underground garage parking spaces and a storage unit for added convenience.
Residents benefit from world-class amenities, including outdoor infinity, recreational, and sports pools, an indoor heated pool, spa facilities with a Turkish bath and sauna, a fully equipped gym, and outdoor fitness trails. The estate also features a social/gourmet club room, playgrounds, a padel tennis court, and a putting green—creating an ideal environment for active and social lifestyles.
Located just 5 minutes from the beach, 20 minutes from Marbella, and 23 minutes from Malaga airport, this property presents an excellent investment opportunity with the potential for short-term rental licensing. Experience the best of Mijas Costa living in this luxurious Spanish penthouse—your dream home or investment in Spain awaits.
Location
Nightly rates in the area
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