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Apartment in Benahavís, 3 bedrooms, 155 m² €390.000

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3
Bedrooms
2
Bathrooms
155 m²
Surface area
€
€2516
Price per m²
Apartment
Property type
Apartment in Benahavís, 3 bedrooms, 155 m² - Hoofdafbeelding
Apartment in Benahavís, 3 bedrooms, 155 m² - Afbeelding 1
Apartment in Benahavís, 3 bedrooms, 155 m² - Afbeelding 2
Apartment in Benahavís, 3 bedrooms, 155 m² - Afbeelding 3
+31 photos

Analysis

Price
€390.000
Own investment (30%)
€117.000
Buyer costs
€39.000
Estimated nightly rate
€169,07
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€728
Maintenance costs
-€129,17
Cleaning costs
-€333,33
Platform fees
-€493,68
Municipal taxes
-€95,38
Tax (19%)
-€287,22
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€169,07
High season
€215
Mid season
€164,42
Low season
€135

Price determining factors

  • Luxury amenities and views increase desirability.
  • Proximity to popular destinations like Estepona and San Pedro de Alcantara.
  • High-quality renovation and modern design.
  • Potential for rental income from tourism and short-term rentals.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

12.56%

5 Year Return

62.80%

10 Year Return

125.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The property appears to be fully renovated and well-maintained, which supports higher appreciation.
  • Local market trends in 2027: The Costa del Sol region is expected to continue attracting international buyers and tourists, boosting property values.
  • Property type: As a luxury duplex penthouse with extensive amenities, it is likely to appreciate well in a high-end market.
  • Economic outlook in 2027: Spain's economy is projected to recover and grow, positively impacting real estate prices.
  • Demographic developments: Increasing expatriate and retiree populations in the area will sustain demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities will enhance property appeal.
  • Historical WOZ value trends: Past trends indicate steady growth in property values in BenahavĂ­s and surrounding areas.

Possible improvements

  • Adding smart home technology for enhanced appeal.
  • Upgrading kitchen appliances and fixtures.
  • Improving outdoor furniture and landscaping on terraces.
  • Installing energy-efficient systems to reduce utility costs.

Description

Discover this stunning duplex penthouse in the prestigious Parque Botanico urbanisation, located in Benahavís, Spain. This fully renovated property offers luxurious living with three spacious bedrooms, two modern bathrooms, a welcoming living room, and a contemporary kitchen. Enjoy breathtaking sea and mountain views from two expansive terraces, perfect for relaxing or entertaining. The penthouse includes an underground parking space and a storage room for added convenience. Situated just 15 km from popular destinations like Estepona and San Pedro de Alcantara, this Benahavís penthouse provides both tranquility and accessibility. The Parque Botanico urbanisation is renowned for its extensive amenities, including multiple swimming pools with a poolside bar, paddle tennis courts, tennis courts, a squash court, football and basketball courts, a heated pool, a fully-equipped gym, saunas, and a jacuzzi. These features make it an ideal residence for those seeking a luxurious lifestyle in Spain’s Costa del Sol. This Benahavís property is perfect for investors or families looking for a high-end home in one of Spain’s most sought-after locations. With its prime position, exceptional amenities, and elegant design, this duplex penthouse in Benahavís offers an unparalleled opportunity to enjoy the best of Spain’s coastal living.

Location

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