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Apartment in Bel Air, 2 bedrooms, 131 m² €545.000

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2
Bedrooms
2
Bathrooms
131 m²
Surface area
€4160
Price per m²
Apartment
Property type
Apartment in Bel Air, 2 bedrooms, 131 m² - Hoofdafbeelding
Apartment in Bel Air, 2 bedrooms, 131 m² - Afbeelding 1
Apartment in Bel Air, 2 bedrooms, 131 m² - Afbeelding 2
Apartment in Bel Air, 2 bedrooms, 131 m² - Afbeelding 3
+8 photos

Analysis

Price
€545.000
Own investment (30%)
€163.500
Buyer costs
€54.500
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€1.017,33
Maintenance costs
-€109,17
Cleaning costs
-€291,67
Platform fees
-€398,58
Municipal taxes
-€128,31
Tax (19%)
-€135,31
Cashflow p.m.
Earned back in

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Nightly 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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