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Apartment in El Paraiso, 3 bedrooms, 120 m² €534.900

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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€3451
Price per m²
Apartment
Property type
Apartment in El Paraiso, 3 bedrooms, 120 m² - Hoofdafbeelding
Apartment in El Paraiso, 3 bedrooms, 120 m² - Afbeelding 1
Apartment in El Paraiso, 3 bedrooms, 120 m² - Afbeelding 2
Apartment in El Paraiso, 3 bedrooms, 120 m² - Afbeelding 3
+11 photos

Analysis

Price
€534.900
Own investment (30%)
€160.470
Buyer costs
€53.490
Estimated nightly rate
€105,96
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€998,48
Maintenance costs
-€100
Cleaning costs
-€333,33
Platform fees
-€294,90
Municipal taxes
-€127,04
Tax (19%)
-€21,33
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€105,96
High season
€139
Mid season
€102,42
Low season
€81

Price determining factors

  • Proximity to beaches and amenities: Enhances desirability.
  • Property condition: Well-kept interiors and outdoor spaces.
  • Local market trends: Rising property values in Costa del Sol.
  • Economic outlook: Stable or growing economy supports property appreciation.
  • Demographic developments: Growth in affluent and expatriate populations.

Comparable accommodations

Rate Hotel / apartment Distance
€185,60 Villa El Loto Blanco 19.3 km
€150,33 Villa Lindal - upper part of Ciudad Quesada. 11.1 km
€231,40 Fidalsa 5 Stars Sea Views 13.1 km
€222,67 Villa "Alma" with pool heating 17.9 km
€196,40 La Manzana - Villa with Private Pool 12.8 km
€246,60 Exclusive New build Villa with jacuzzi and pool 7.7 km
€116,43 Sunny stay at Casa Corten with Private pool. 10.1 km
€121 Very nice beachfront house. 13.1 km
€119,20 Villa-Capricho Playa - ParqueMar. VT-480073-A 6.4 km
€98,40 Nature Views Luxury Villa - 3BR en Pool 3.5 km

Return & Value appreciation

Annual return

0.51%

5 Year Return

2.55%

10 Year Return

5.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern interior enhances value.
  • Local market trends in 2027: Growing demand for luxury coastal properties.
  • Property type: High-end penthouse with unique features.
  • Economic outlook in 2027: Positive economic growth in Spain and Costa del Sol.
  • Demographic developments: Increasing number of affluent buyers and expatriates.
  • Infrastructure plans in 2027: Improvements in transportation and amenities in El Paraíso.

Possible improvements

  • Adding a private pool or jacuzzi.
  • Upgrading kitchen appliances and finishes.
  • Enhancing outdoor living spaces with additional landscaping.
  • Installing smart home technology.
  • Renovating bathrooms for modern luxury.

Description

Discover the epitome of modern coastal living with this artful avant-garde penthouse in El Paraíso, Spain. Nestled on the prestigious New Golden Mile, this luxurious three-bedroom, two-bathroom penthouse offers approximately 155 m² of luminous, contemporary space. Located behind the charming D-Alicia Café, the property is just a short stroll from secluded beaches, making it an ideal retreat for those seeking tranquility and style. This El Paraíso penthouse features a gallery-inspired interior with striking black-and-white contrasts, complemented by sleek wood flooring and expansive windows that flood the space with natural light. The state-of-the-art kitchen, finished in polished black granite, seamlessly integrates with an open-plan living and dining area—perfect for entertaining or relaxing in style. The master suite and guest bedrooms provide serene retreats, while the spa-like bathrooms—one with a deep soaking tub—offer ultimate comfort. Step outside to the Saltillo-tiled rooftop terrace, a sculptural outdoor space perfect for sunset cocktails, stargazing, and alfresco gatherings. Surrounded by renowned restaurants, wine bars, and boutique shops, this El Paraíso penthouse exemplifies modern Mediterranean elegance and coastal luxury. Ideal for discerning buyers seeking a unique blend of art, culture, and seaside living, this property in El Paraíso, Spain, presents an exceptional investment opportunity in the coveted New Golden Mile area of Costa del Sol.

Location

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