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3
Bedrooms
2
Bathrooms
223 m²
Surface area
€
€1973
Price per m²
Apartment
Property type
+86 photos
Analysis
Price
€440.000
Own investment (30%)
€132.000
30% down payment of purchase price
Buyer costs
€44.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage costs
-€821,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€185,83
{% 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
-€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
-€106
Municipal taxes for Mijas Golf
Tax
(19%)
-€232,08
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
- Proximity to golf courses, beaches, and amenities increases value.
- High-end finishes and modern features support higher pricing.
- Gated community with security and communal amenities enhances appeal.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €260,80 | Andalusian Villa with views, Pool, Garden & BBQ | 3.5 km |
| €185 | Villa La Guirnalda private pool/wifi/barbecue | 11.6 km |
| €164,40 | 3 Bed Accommodation with Pool | 5.6 km |
| €314 | Livita, Space, Above the beach, Cala de mijas | 5.5 km |
| €195,20 | Hacienda el Alamo | 9.6 km |
| €166,20 | Seaview house: Rooftop pool,gameroom, parking|REMS | 15.1 km |
| €92,80 | House Technology Park, luxury for you! | 22.1 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 16.8 km |
| €211,20 | Luxury attached Villa La Biznaga | 26.5 km |
| €217 | Fabulous Villa,private pool, stunning views,Malaga | 16.4 km |
Return & Value appreciation
Annual return
8.99%
5 Year Return
44.95%
10 Year Return
89.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained interiors and modern finishes support value appreciation.
- Local market trends in 2027: Growing demand for luxury properties in Costa del Sol boosts appreciation.
- Property type: Luxury penthouse with high-end features attracts premium buyers.
- Economic outlook in 2027: Positive economic growth in Spain and Europe enhances real estate investment confidence.
- Demographic developments: Increasing number of affluent retirees and expatriates in Mijas Golf.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities will increase desirability.
- Historical WOZ value trends: Steady increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures to modern standards.
- Enhance outdoor living spaces with additional landscaping or furniture.
- Install smart home technology for added convenience and security.
- Improve energy efficiency with solar panels or better insulation.
Description
Discover an exceptional opportunity to own a luxurious penthouse in Mijas Golf, Spain. This stunning Mijas Golf penthouse offers 222.70 m² of sophisticated living space, including a spacious 95.28 m² interior and an expansive sun terrace perfect for enjoying the Mediterranean climate. Located within the prestigious La Condesa complex, this Mijas Golf property boasts a thoughtfully designed layout with three bedrooms, two bathrooms, a modern fully fitted kitchen, and a bright living-dining area that seamlessly connects to outdoor spaces. The large sun terrace provides breathtaking views of the sea, mountains, and lush golf courses, creating an ideal setting for relaxation and entertaining. High-end finishes such as marble floors, built-in wardrobes, a fireplace, and air conditioning ensure comfort and quality. The property also features private parking, with secure underground and garage options. Residents enjoy access to communal amenities, including landscaped gardens and a swimming pool, in a gated community with 24-hour security. Perfectly situated in Mijas Golf, Spain, the location offers proximity to top golf courses, schools, restaurants, and public transportation, making it an ideal choice for luxury living or investment. Don’t miss this rare chance to acquire a premium Mijas Golf penthouse that combines stunning views, modern comfort, and prime location in the heart of the Costa del Sol.
Location
Nightly rates in the area
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