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Apartment in Las Chapas, 2 bedrooms, 96 m² €395.000

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2
Bedrooms
2
Bathrooms
96 m²
Surface area
€4115
Price per m²
Apartment
Property type
Apartment in Las Chapas, 2 bedrooms, 96 m² - Hoofdafbeelding
Apartment in Las Chapas, 2 bedrooms, 96 m² - Afbeelding 1
Apartment in Las Chapas, 2 bedrooms, 96 m² - Afbeelding 2
Apartment in Las Chapas, 2 bedrooms, 96 m² - Afbeelding 3
+12 photos

Analysis

Price
€395.000
Own investment (30%)
€118.500
Buyer costs
€39.500
Estimated nightly rate
€132,07
Expected occupancy rate
76%
Gross rental p/m
€0000
Mortgage costs
-€737,33
Maintenance costs
-€80
Cleaning costs
-€291,67
Platform fees
-€457,95
Municipal taxes
-€104,94
Tax (19%)
-€262,41
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€132,07
High season
€164
Mid season
€130,83
Low season
€111

Price determining factors

  • Proximity to the beach and amenities increases desirability.
  • High-quality security and amenities add value.
  • Gated complex with communal facilities enhances appeal.
  • Potential for renovation or upgrades to increase value.

Comparable accommodations

Rate Hotel / apartment Distance
€203 Casa Flores - Panoramic views, pool, tennis, BBQ 23.9 km
€132,40 Spectacular house on Carvajal Beach 22.1 km
€125,20 Picturesque Casita Mijas Pueblo 22.5 km
€134,80 Cubo's Finca La Graciosa (Cubo's Farm) 19.4 km
€116 Charming Sea Front Bungalow 12.6 km
€206,40 Watch Waves Roll in from the Balcony 13.2 km
€91,40 Casa Paquita. Private patio and pool 15.6 km
€98,40 Good views of the beach with private parking 10.6 km
€211,80 House on walking distance beach Pedregalejo Malaga 6.3 km
€186,20 Perfect combination of rural and modern 21.0 km

Return & Value appreciation

Annual return

8.50%

5 Year Return

42.50%

10 Year Return

85.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, likely to attract higher rental income and appreciation.
  • Local market trends in 2027: Expected growth due to increasing tourism and demand for beachfront properties.
  • Property type: Ground floor apartment with outdoor space, appealing for both residents and investors.
  • Economic outlook in 2027: Positive, with steady growth in Spain's economy and tourism sector.
  • Demographic developments: Growing expatriate and retiree populations seeking coastal living.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities enhancing property appeal.
  • Historical WOZ value trends: Consistent increase reflecting rising property values and local development.

Possible improvements

  • Upgrade kitchen and bathrooms for modern appeal.
  • Add smart home features for convenience and security.
  • Improve outdoor space with landscaping or additional features.
  • Renovate or update furniture to attract higher rental rates.

Description

Discover this charming ground floor apartment in Las Chapas, Costa del Sol, Spain, perfect for those seeking a beachfront lifestyle. This spacious 2-bedroom, 2-bathroom property offers 96 square meters of modern living space, complemented by a 14-square-meter private terrace and a low-maintenance garden of 25 square meters. Situated in a gated complex, the apartment provides excellent security features including an alarm system and safe, making it ideal for both holidays and permanent residence. Enjoy stunning pool views from the comfort of your home, with access to a communal swimming pool and lush landscaped gardens. The property boasts high-quality amenities such as air conditioning, satellite TV, WiFi, and a fully fitted kitchen, along with features like a covered terrace, lift access, fitted wardrobes, private terrace, utility room, and a built-in BBQ area—perfect for outdoor entertaining. Located in the desirable Las Chapas area of Spain, this beachfront apartment is close to the sea, marina, shops, schools, and local transport, offering unparalleled convenience and lifestyle. Parking is flexible with options including underground, garage, street, and private parking. Additional highlights include easy-to-maintain gardens, security gates, and an optional furniture package. Ideal for investors or buyers looking for a beachfront property in Costa del Sol, this Las Chapas apartment combines comfort, security, and prime location, making it a standout choice in Spain’s real estate market. Explore the opportunity to own a slice of paradise in this vibrant coastal area.

Location

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