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2
Bedrooms
2
Bathrooms
70 m²
Surface area
€
€6557
Price per m²
Apartment
Property type
+9 photos
Analysis
Price
€459.000
Own investment (30%)
€137.700
30% down payment of purchase price
Buyer costs
€45.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€85,57
Expected occupancy rate
67%
Gross rental p/m
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€0000
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Mortgage costs
-€856,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€58,33
{% 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
-€261,58
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€110,04
Municipal taxes for Miraflores
Tax
(19%)
-€31,43
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
€85,57
High season
€92
Mid season
€85,42
Low season
€79
Price determining factors
- Proximity to the sea and scenic views: Premium feature that enhances value.
- Complex amenities: Pool, gardens, parking, and accessibility add to desirability.
- Location: Miraflores on Costa del Sol, a sought-after area for both residents and investors.
- Property condition: Excellent move-in condition, reducing immediate renovation costs.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | El Rincón de San Miguel in the heart of Zaragoza | 2.0 km |
| €120 | Home Gateway - Nice apartment & Free parking | 3.8 km |
| €99 | Historic Gem | Countryside Comfort 15min from city | 5.1 km |
| €84,60 | Relax 20 minutes from Zaragoza | 21.2 km |
Return & Value appreciation
Annual return
1.17%
5 Year Return
5.85%
10 Year Return
11.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, likely to attract higher ROI.
- Local market trends in 2027: Expected growth due to increasing tourism and demand for coastal properties.
- Property type: Front-line apartment in a desirable location, typically appreciating faster.
- Economic outlook in 2027: Positive, with growth in tourism and real estate sectors.
- Demographic developments: Increasing interest from retirees and expatriates seeking coastal living.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities, boosting property values.
- Historical WOZ value trends: Consistent increase reflecting rising property values and local development.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Add smart home features for increased convenience.
- Enhance outdoor spaces with landscaping or a terrace upgrade.
- Improve energy efficiency with solar panels or better insulation.
Description
Discover this stunning front-line 2-bedroom apartment in Miraflores, Spain, offering an exceptional opportunity to enjoy the Mediterranean lifestyle. Located in the highly desirable Rocas del Mar complex, this bright 70 m² first-floor property features breathtaking sea views, modern amenities, and direct access to the picturesque promenade between Miraflores and Riviera del Sol. Perfect for both holiday rentals and year-round living, this apartment provides a seamless blend of comfort and convenience. The spacious living area includes air conditioning, a fully fitted separate kitchen with an exterior window, and a built-in terrace with glass curtains to enjoy the stunning coastal scenery. The two bedrooms have fitted wardrobes, with one ensuite bathroom, and the property is in excellent move-in condition. Residents benefit from a communal swimming pool, lush gardens, and an enclosed parking space within the complex. The complex is accessible for people with reduced mobility and features an on-site bar, making it ideal for outdoor leisure and socializing. Situated in the sought-after Miraflores area on the Costa del Sol, this beachfront property offers unrivaled views of the sea, pool, and tennis courts, all within a quiet and secure environment. With its prime location, premium amenities, and spectacular surroundings, this Miraflores apartment is an exceptional investment opportunity in Spain. Contact us today to schedule a visit and secure your slice of coastal paradise.
Location
Nightly rates in the area
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