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Apartment in Miraflores, 2 bedrooms, 103 m² €365.000

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2
Bedrooms
2
Bathrooms
103 m²
Surface area
€
€3544
Price per m²
Apartment
Property type
Apartment in Miraflores, 2 bedrooms, 103 m² - Hoofdafbeelding
Apartment in Miraflores, 2 bedrooms, 103 m² - Afbeelding 1
Apartment in Miraflores, 2 bedrooms, 103 m² - Afbeelding 2
Apartment in Miraflores, 2 bedrooms, 103 m² - Afbeelding 3
+17 photos

Analysis

Price
€365.000
Own investment (30%)
€109.500
Buyer costs
€36.500
Estimated nightly rate
€85,57
Expected occupancy rate
67%
Gross rental p/m
€0000
Mortgage costs
-€681,33
Maintenance costs
-€85,83
Cleaning costs
-€291,67
Platform fees
-€261,58
Municipal taxes
-€90,06
Tax (19%)
-€63,34
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€85,57
High season
€92
Mid season
€85,42
Low season
€79

Price determining factors

  • Property condition: Modern renovations and high-quality finishes.
  • Local market trends in 2027: Rising property prices driven by tourism and foreign investment.
  • Property type: Apartments tend to appreciate steadily in desirable locations.
  • Economic outlook in 2027: Favorable economic conditions support property value growth.
  • Demographic developments: Growing expatriate community increases demand.
  • Infrastructure plans in 2027: Enhancements in local infrastructure will likely boost property values.
  • Historical WOZ value trends: Steady increase in property taxes reflects market appreciation.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

2.96%

5 Year Return

14.80%

10 Year Return

29.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which enhances value and appeal.
  • Local market trends in 2027: Expected growth due to tourism and expatriate interest in Miraflores.
  • Property type: Apartment in a desirable community, generally appreciating in value.
  • Economic outlook in 2027: Positive, with stable growth in Spain and the Malaga region.
  • Demographic developments: Increasing expatriate and retiree populations, boosting demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities that support property values.
  • Historical WOZ value trends: Consistent appreciation over recent years, indicating a stable market.

Possible improvements

  • Adding a balcony or extending outdoor space.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing energy efficiency with solar panels or better insulation.
  • Modernizing bathrooms further with smart fixtures.
  • Improving interior decor to appeal to a broader market.

Description

Discover this stunning south-facing apartment in the highly desirable Miraflores development in Spain. This corner-unit property offers 2 spacious bedrooms and 2 modern bathrooms, both recently renovated to the highest standards with marble countertops, efficient water heater systems, and elegant towel rails. The generous lounge and dining area seamlessly connect to a semi-open plan, fully equipped kitchen that opens onto a private patio with beautiful sea views, perfect for relaxing or entertaining. Each bedroom features built-in wardrobes, providing ample storage space. Situated in the prestigious Miraflores community, known for its pristine presentation and excellent upkeep, this property provides access to superb amenities including a large communal pool, expansive leisure areas, and an onsite restaurant offering convenient dining options. Located less than 30 minutes from Malaga airport, with the stunning beaches of Miraflores just a short walk away, this apartment offers an unbeatable location for both holidaymakers and investors. Nearby attractions include excellent restaurants, lively bars, and a tennis club—all within walking distance. With keys in hand, we invite you to schedule a viewing at your convenience and experience the exceptional lifestyle this Miraflores apartment in Spain provides.

Location

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