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Apartment in Miraflores, 2 bedrooms, 81 m² €380.000

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2
Bedrooms
1
Bathrooms
81 m²
Surface area
€
€4691
Price per m²
Apartment
Property type
Apartment in Miraflores, 2 bedrooms, 81 m² - Hoofdafbeelding
Apartment in Miraflores, 2 bedrooms, 81 m² - Afbeelding 1
Apartment in Miraflores, 2 bedrooms, 81 m² - Afbeelding 2
Apartment in Miraflores, 2 bedrooms, 81 m² - Afbeelding 3
+19 photos

Analysis

Price
€380.000
Own investment (30%)
€114.000
Buyer costs
€38.000
Estimated nightly rate
€83,74
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€709,33
Maintenance costs
-€67,50
Cleaning costs
-€291,67
Platform fees
-€259,80
Municipal taxes
-€93,25
Tax (19%)
-€58,99
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€83,74
High season
€89
Mid season
€83,67
Low season
€77

Price determining factors

  • Proximity to beaches and local amenities: Enhances desirability and value.
  • Design and interior quality: Modern, elegant Mediterranean style adds appeal.
  • Limited units in complex: Creates exclusivity and potential for value appreciation.
  • South-facing orientation: Ensures abundant sunlight, increasing attractiveness.
  • Parking availability: Adds convenience, boosting property value.

Comparable accommodations

Rate Hotel / apartment Distance
€133,60 El Rincón de San Miguel in the heart of Zaragoza 2.0 km
€110,80 Origin Sacramento-PARKING included 2.6 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

1.99%

5 Year Return

9.95%

10 Year Return

19.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently refurbished, likely to attract higher value appreciation.
  • Local market trends in 2027: Expected growth due to increasing tourism and demand for seaside properties.
  • Property type: Apartment in a boutique complex, appealing for both residents and investors.
  • Economic outlook in 2027: Positive, with steady economic growth in Spain and the Spanish Riviera.
  • Demographic developments: Growing interest from international buyers and retirees seeking seaside living.
  • Infrastructure plans in 2027: Planned enhancements to local transportation and amenities could boost property values.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Enhance outdoor space with landscaping or additional furniture.
  • Install energy-efficient windows or solar panels.
  • Modernize bathroom fixtures for increased luxury appeal.
  • Add smart home features for convenience and modernity.

Description

Discover this beautifully refurbished apartment in Miraflores, Spain, perfectly situated just a short walk from the stunning beaches of Riviera. This charming property offers a tranquil retreat in a boutique complex with limited units, nestled on a quiet street yet close to vibrant shops, restaurants, and sports facilities. Designed by a professional interior team, the apartment seamlessly blends elegant Mediterranean architectural features with modern comforts, creating a sophisticated and inviting living space. Featuring two spacious bedrooms and a large bathroom, the residence includes a lovely terrace overlooking lush gardens and a communal swimming pool, with partial sea views that enhance its relaxing appeal. Ideal for both personal living and investment, the complex permits short-term rentals, making this Miraflores apartment an excellent opportunity for rental income. Additional amenities include a designated parking space right outside and a desirable south-facing orientation, ensuring abundant sunlight throughout the day. Enjoy the perfect blend of comfort, style, and location in this exceptional Miraflores, Spain property, close to beaches and local amenities, making it an ideal choice for those seeking a seaside home or an investment in the Spanish Riviera.

Location

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