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Apartment in Miraflores, 2 bedrooms, 131 m² €399.000

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2
Bedrooms
2
Bathrooms
131 m²
Surface area
€
€3046
Price per m²
Apartment
Property type
Apartment in Miraflores, 2 bedrooms, 131 m² - Hoofdafbeelding
Apartment in Miraflores, 2 bedrooms, 131 m² - Afbeelding 1
Apartment in Miraflores, 2 bedrooms, 131 m² - Afbeelding 2
Apartment in Miraflores, 2 bedrooms, 131 m² - Afbeelding 3
+21 photos

Analysis

Price
€399.000
Own investment (30%)
€119.700
Buyer costs
€39.900
Estimated nightly rate
€85,57
Expected occupancy rate
67%
Gross rental p/m
€0000
Mortgage costs
-€744,80
Maintenance costs
-€109,17
Cleaning costs
-€291,67
Platform fees
-€261,58
Municipal taxes
-€97,29
Tax (19%)
-€45,47
Cashflow p.m.
Earned back in

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Nightly Rates

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

Price determining factors

  • Location on a corner with sea and golf views.
  • High-quality finishes and modern appliances.
  • Proximity to amenities, beaches, and transport links.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

1.94%

5 Year Return

9.70%

10 Year Return

19.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern finishes enhances value.
  • Local market trends in 2027: Expected growth due to tourism and expat interest.
  • Property type: High-end apartment in a desirable location attracts premium buyers.
  • Economic outlook in 2027: Stable with potential growth in Spain's tourism and real estate sectors.
  • Demographic developments: Increasing demand from retirees and holidaymakers.
  • Infrastructure plans in 2027: Improvements in transportation and amenities boost attractiveness.
  • Historical WOZ value trends: Consistent appreciation indicating a healthy market.

Possible improvements

  • Adding a smart home system for enhanced convenience.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor space with landscaping or additional features.
  • Installing energy-efficient systems to reduce utility costs.

Description

Discover this exceptional high-end two-bedroom apartment in Miraflores, Spain, offering spacious living in a highly sought-after community. Perfectly positioned on a corner of Miraflores, this property boasts stunning sea views and overlooks the renowned Miraflores Golf Course. The large, sunlit terrace provides an ideal space for relaxation, accessible from the lounge and second bedroom, with picturesque views of the golf course and sea. Inside, the apartment features high-quality finishes including cream marble flooring, UPVC double glazing, marble bathrooms, window blinds, and modern hot and cold air conditioning. The open-plan living area includes a luxurious independent kitchen with granite countertops, a welcoming entrance hallway with fitted wardrobes, a spacious lounge, and a dining zone. The master suite offers ample fitted robes and an en-suite bathroom with a walk-in shower, while the guest bedroom includes fitted robes and easy access to a guest shower room with a bath. The well-maintained complex offers mature gardens, a swimming pool, and a communal solarium, providing a tranquil environment close to amenities. Located just 3 minutes walk from bars, restaurants, supermarkets, and a bus stop only 100 meters away, this Miraflores apartment combines convenience with luxury. Additional features include a large underground parking space and an oversized storage room. Immaculately presented with superb finishes, this property in Miraflores, Spain, is an ideal investment or holiday home with breathtaking sea and golf views. Don’t miss the opportunity to own this exceptional Miraflores apartment—schedule a viewing today!

Location

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