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3
Bedrooms
3
Bathrooms
111 m²
Surface area
€
€4823
Price per m²
Apartment
Property type
+17 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
€137,10
Expected occupancy rate
66%
Gross rental p/m
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€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
-€92,50
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
-€412,84
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€126,19
Municipal taxes for Casares
Tax
(19%)
-€146,32
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
€137,10
High season
€182
Mid season
€134,17
Low season
€110
Price determining factors
- Proximity to the sea and scenic views: Premium features that boost value.
- Community amenities: Pool, landscaped gardens, secure gated community.
- Property size and layout: Spacious 3-bedroom units with terraces and private gardens.
- Market demand: High rental potential attracts investors.
- Local development projects: New infrastructure and tourism developments.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €175 | Chic 3BR Townhouse on the Beach + Pool + Parking | 21.1 km |
| €281,20 | Ocean Front Villa w/Private Pool | 21.1 km |
| €421 | Calm Villa · Private Infinity Pool | 8.5 km |
| €159,80 | Lucia's home, beach and mountains. | 0.1 km |
| €294,40 | Villa with pool near the beach for families | 14.8 km |
| €195,20 | Justine's Houses - Casa Carmen | 9.0 km |
| €125,60 | Beautiful house with a private pool. | 9.4 km |
| €147,20 | Casa Azul | 9.4 km |
| €114,20 | Casa Jasmina with Private Plunge Pool | 9.5 km |
| €228,80 | Beachfront BohoChic I 3BR Pool+Beach+Free Parking | 8.9 km |
Return & Value appreciation
Annual return
3.43%
5 Year Return
17.15%
10 Year Return
34.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Modern, high-end finishes and energy-efficient systems enhance value.
- Local market trends in 2027: Growing demand for luxury seaside properties on Costa del Sol.
- Property type: Apartments with sea views are highly desirable and tend to appreciate.
- Economic outlook in 2027: Positive economic growth in Spain and Europe supports real estate appreciation.
- Demographic developments: Increasing number of retirees and expatriates seeking seaside homes.
- Infrastructure plans in 2027: Improved transportation and amenities in Casares and nearby areas.
- Historical WOZ value trends: Consistent increase in property values and taxes in the region.
Possible improvements
- Adding a modern kitchen upgrade or smart home features.
- Enhancing outdoor spaces with landscaping or outdoor furniture.
- Installing solar panels for energy efficiency.
- Upgrading bathroom fixtures or interior finishes.
- Improving storage solutions or adding built-in wardrobes.
Description
Discover luxurious sea-view apartments in Casares, Spain, within a secure gated community offering 58 contemporary 2 and 3-bedroom residences. These modern homes feature expansive terraces, private gardens, and breathtaking views of the Mediterranean Sea, making them ideal for those seeking a premium lifestyle on Spain's Costa del Sol. Choose from ground-floor units with private gardens or exclusive 3-bedroom penthouses boasting large terraces and unobstructed sea vistas. Each apartment, ranging from 111m² to 113m², is designed to maximize natural light with south-east exposure. Inside, high-end finishes from renowned brands, energy-efficient systems, and superior soundproofing ensure comfort and sustainability. Residents can relax by the landscaped communal pool or enjoy shaded outdoor parking beneath pergolas. Located in Casares, a picturesque town celebrated for its authentic Andalusian charm, stunning coastlines, and proximity to Málaga, this property offers an excellent investment opportunity with strong rental potential. Enjoy nearby golf courses, easy access to Marbella and Estepona, and a warm Mediterranean climate. This exceptional Casares property combines luxury, natural beauty, and strategic location, making it the perfect choice for discerning buyers seeking a seaside home or investment in Spain.
Location
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Nightly rates in the area
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