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2
Bedrooms
2
Bathrooms
136 m²
Surface area
€
€2904
Price per m²
Apartment
Property type
+32 photos
Analysis
Price
€395.000
Own investment (30%)
€118.500
30% down payment of purchase price
Buyer costs
€39.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€74,92
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€737,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€113,33
{% trans '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
-€222,18
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€96,44
Municipal taxes for El Paraiso
Tax
(19%)
-€3,85
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
€74,92
High season
€100
Mid season
€72,83
Low season
€57
Price determining factors
- Proximity to the beach and amenities: Enhances desirability and value.
- Renovation quality: Modern, fully renovated kitchen and amenities increase appeal.
- Views and outdoor space: Sea views and private terrace add significant value.
- Local development plans: Potential new infrastructure or commercial developments could boost property value.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
0.17%
5 Year Return
0.85%
10 Year Return
1.70%
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 coastal property demand in Spain due to tourism and expatriate influx.
- Property type: Apartment in a desirable location, typically appreciating steadily in such markets.
- Economic outlook in 2027: Positive, with Spain's economy expected to recover and grow, boosting real estate values.
- Demographic developments: Increasing expatriate and retiree populations seeking coastal properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in El ParaÃso and nearby areas.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Adding a modernized balcony or outdoor seating area.
- Upgrading kitchen appliances or finishes for higher appeal.
- Enhancing energy efficiency with solar panels or better insulation.
- Renovating bathrooms for a more luxurious feel.
Description
Discover this stunning apartment in El ParaÃso, Spain, offering the perfect blend of modern comfort and Andalusian charm. Located just a three-minute walk from the beach in the sought-after El ParaÃso area, this property provides spectacular views of the Mediterranean Sea and the communal pool. The bright, south-facing apartment features two spacious bedrooms, including a master en suite, and two full bathrooms, all with large double-glazed windows ensuring tranquility and abundant natural light. The fully renovated kitchen, equipped with modern appliances, seamlessly connects to a generous living area ideal for relaxation and entertaining. Step onto the private terrace to enjoy unforgettable outdoor moments overlooking lush gardens and the sea. Additional amenities include a separate laundry room, new hot/cold air conditioning, and a sizeable built-in wardrobe in the hall. Situated in a charming Andalusian-style development, the property is surrounded by manicured gardens and a communal pool perfect for cooling off during summer. Prime location in El ParaÃso, Spain, places you near shops, restaurants, and services, with easy access to Estepona, San Pedro de Alcántara, and Malaga Airport. Whether seeking a permanent residence, a second home, or an investment opportunity, this move-in-ready apartment combines quality, style, and convenience in one exceptional location.
Location
Nightly rates in the area
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