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Apartment in Bel Air, 2 bedrooms, 99 m² €400.000

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2
Bedrooms
2
Bathrooms
99 m²
Surface area
€
€4040
Price per m²
Apartment
Property type
Apartment in Bel Air, 2 bedrooms, 99 m² - Hoofdafbeelding
Apartment in Bel Air, 2 bedrooms, 99 m² - Afbeelding 1
Apartment in Bel Air, 2 bedrooms, 99 m² - Afbeelding 2
Apartment in Bel Air, 2 bedrooms, 99 m² - Afbeelding 3
+23 photos

Analysis

Price
€400.000
Own investment (30%)
€120.000
Buyer costs
€40.000
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€746,67
Maintenance costs
-€82,50
Cleaning costs
-€291,67
Platform fees
-€398,11
Municipal taxes
-€97,50
Tax (19%)
-€197,15
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€126,46
High season
€167
Mid season
€123,92
Low season
€104

Price determining factors

  • Proximity to beaches and amenities: Enhances attractiveness and value.
  • Quality of communal facilities: Lush gardens and swimming pool add value.
  • Property size and layout: Spacious 99m² with modern layout appeals to buyers.
  • Condition of property: Well-maintained condition supports higher valuation.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

8.40%

5 Year Return

42.00%

10 Year Return

84.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained apartment with modern amenities enhances value growth.
  • Local market trends in 2027: Growing demand for coastal properties in Spain supports appreciation.
  • Property type: Apartments in desirable locations tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe boosts real estate investments.
  • Demographic developments: Increasing population and tourism in Bel Air contribute to higher property demand.
  • Infrastructure plans in 2027: Planned improvements in transportation and local amenities can increase property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for a modern look.
  • Upgrade fixtures and appliances to increase appeal.
  • Enhance outdoor space with landscaping or furniture.
  • Add smart home features for modern convenience.

Description

Discover this charming 2-bedroom, 2-bathroom apartment in Bel Air, Spain, perfectly situated just a short stroll from the pristine beaches and local amenities. Whether you're seeking a luxurious holiday retreat or a permanent family residence, this Bel Air property offers an exceptional blend of comfort and convenience. Located within a secure, well-maintained complex, residents enjoy access to lush communal gardens and a sizable swimming pool area—ideal for relaxation and outdoor leisure. The spacious living room opens onto a west-facing terrace with open views, providing an ideal spot for sunset watching and alfresco dining. The master bedroom features an en-suite bathroom, while the second bedroom and additional bathroom accommodate family or guests effortlessly. The modern, fully equipped kitchen includes a utility room for added practicality. For added convenience, this Bel Air apartment includes an underground parking space and private storage. Situated in the sought-after Bel Air area of Spain, this property offers a rare opportunity to own a home that combines lifestyle, practicality, and scenic beauty. Don't miss your chance to own this exceptional Bel Air apartment—schedule a visit today and experience all this stunning location has to offer!

Location

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