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2
Bedrooms
2
Bathrooms
131 m²
Surface area
€
€4160
Price per m²
Apartment
Property type
+8 photos
Analysis
Price
€545.000
Own investment (30%)
€163.500
30% down payment of purchase price
Buyer costs
€54.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€1.017,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€109,17
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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€398,58
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€128,31
Municipal taxes for Bel Air
Tax
(19%)
-€135,31
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
€126,61
High season
€167
Mid season
€123,92
Low season
€103
Price determining factors
- Proximity to beaches, golf courses, and town centers.
- Community amenities such as pools, gardens, and security.
- Modern finishes and private outdoor space.
- Accessibility and transportation links.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 15.1 km |
| €186,80 | Unique place with roof terrace in Old town | 15.0 km |
| €124,86 | Sunny hillside casita in Guaro | 27.7 km |
| €118 | Villacana Villa-holiday by the beach | 1.7 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 1.3 km |
| €125,60 | Modern Townhouse, roof terrace in Estepona OldTown | 9.9 km |
| €139 | Casa Relajante - big summer garden | 11.7 km |
| €286,80 | Beachfront BohoChic II Pool+DirectBeach+Parking | 13.5 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 7.4 km |
| €108,40 | Marbella Townhouse near Top Golf Courses | 8.8 km |
Return & Value appreciation
Annual return
3.18%
5 Year Return
15.90%
10 Year Return
31.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value appreciation.
- Local market trends in 2027: Expected growth in Costa del Sol's real estate market due to tourism and expatriate influx.
- Property type: Apartments in gated communities tend to retain value and appreciate steadily.
- Economic outlook in 2027: Spain's economy is projected to recover and grow, boosting real estate demand.
- Demographic developments: Increasing expatriate and retiree populations in Costa del Sol drive demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities enhance property appeal.
- Historical WOZ value trends: Consistent increase in property values in Bel Air and Costa del Sol region.
Possible improvements
- Furnishing the apartment to increase rental appeal.
- Upgrading kitchen and bathroom fixtures for modern aesthetics.
- Adding smart home features for convenience and security.
- Enhancing outdoor space with additional landscaping or furniture.
Description
Discover this beautifully renovated ground-floor apartment in Bel Air, Spain, located in the prestigious Los Miradores del Sol Phase 1. This charming property offers a private garden, modern finishes, and easy access to the stunning beaches of Costa del Sol. Perfectly situated in the sought-after Bel Air area of Estepona, this Costa del Sol apartment blends tranquility with convenience. The spacious layout features a bright open-plan American kitchen with sleek white cabinetry and contemporary grey flooring, creating an inviting living space. The nearly 30 sqm private garden, with artificial grass and mature thuja trees, provides a lush outdoor retreat ideal for relaxing or family activities. Additional features include a rear balcony off the laundry area, ground-floor accessibility, and air conditioning throughout for year-round comfort. The gated community boasts 24-hour security, a large central lawn, tropical gardens, swimming pools, jacuzzis, and a playground, making it perfect for families or investors seeking a low-maintenance home in Costa del Sol. Located within walking distance to beaches, restaurants, golf courses like El Paraíso and Atalaya, and the charming town of Cancelada, this Costa del Sol apartment offers excellent connectivity to Estepona, Puerto Banús, Marbella, and Gibraltar Airport. Currently unfurnished and undergoing final updates, viewings are available now. Don't miss this opportunity to own a desirable property in Bel Air, Spain, in one of the most vibrant regions of Costa del Sol. Contact us today to schedule a viewing and secure your slice of paradise in Bel Air, Spain.
Location
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