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2
Bedrooms
2
Bathrooms
95 m²
Surface area
€
€3768
Price per m²
Apartment
Property type
+18 photos
Analysis
Price
€358.000
Own investment (30%)
€107.400
30% down payment of purchase price
Buyer costs
€35.800
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
-€668,27
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€79,17
{% 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
-€88,58
Municipal taxes for El Paraiso
Tax
(19%)
-€24,96
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 beaches and golf courses: Enhances desirability and value.
- Community amenities: Gated complex, communal parking, and pool add value.
- Property condition: Modernized interiors and renovated bathrooms support higher pricing.
- Location: Prime El Paraiso area with access to amenities, schools, and leisure facilities.
- Economic factors: Spain’s overall economic growth and tourism sector health influence property prices.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
1.19%
5 Year Return
5.95%
10 Year Return
11.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent renovations, which supports steady appreciation.
- Local market trends in 2027: Expected to be positive due to increasing demand for holiday and retirement homes in Spain.
- Property type: Ground floor apartment in a desirable location, typically appreciating well in such markets.
- Economic outlook in 2027: Likely stable or improving, with tourism and real estate sectors contributing positively.
- Demographic developments: Growing expatriate and retiree populations in Spain, increasing demand for properties.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities in El Paraiso could boost property values.
- Historical WOZ value trends: Consistent increase over past years, indicating a stable local market.
Possible improvements
- Upgrade kitchen appliances and cabinetry for modern appeal.
- Add energy-efficient features like solar panels or double-glazed windows.
- Improve outdoor space with landscaping or additional outdoor furniture.
- Renovate or upgrade the fireplace to enhance interior ambiance.
- Implement smart home technology for increased convenience and value.
Description
Discover this stunning south-facing ground floor apartment in El Paraiso, Spain, offering an exceptional blend of comfort, style, and prime location. Situated within an exclusive gated complex in El Paraiso, this spacious property is just a 10-minute walk from beautiful beaches and near renowned golf courses, making it perfect for golf enthusiasts, beach lovers, and families seeking a Mediterranean lifestyle. The bright, open-plan interiors feature a cozy fireplace, a modernized kitchen with an efficient enclosed laundry area, and fully renovated bathrooms, ensuring contemporary comfort. Step outside onto the south-facing covered terrace, ideal for enjoying the warm Mediterranean sun year-round. The secure gated community includes communal parking and a tranquil environment, providing peace of mind and convenience. This El Paraiso apartment in Spain is not only a perfect retreat but also a wise investment opportunity, with easy access to local amenities, top-rated schools, and leisure facilities. Whether you're looking for a permanent residence or a holiday home, this property combines charm, location, and modern living in the sought-after El Paraiso area. Don’t miss out—contact us today to arrange a viewing of this prime El Paraiso property in Spain!
Location
Nightly rates in the area
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