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3
Bedrooms
2
Bathrooms
102 m²
Surface area
€
€6069
Price per m²
Apartment
Property type
+36 photos
Analysis
Price
€619.000
Own investment (30%)
€185.700
30% down payment of purchase price
Buyer costs
€61.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€108,59
Expected occupancy rate
67%
Gross rental p/m
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€0000
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Mortgage costs
-€1.155,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€85
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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€331,95
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€144,04
Municipal taxes for Miraflores
Tax
(19%)
-€31
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
€108,59
High season
€131
Mid season
€108,67
Low season
€100
Price determining factors
- Strong local demand for luxury apartments in Miraflores and Costa del Sol.
- Limited supply of high-end penthouses with sea views.
- Growing popularity of Costa del Sol as a tourist and expatriate destination.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €91,40 | Apartment near the Pilar | 3.0 km |
| €143,80 | Duplex penthouse a few minutes from the center | 3.5 km |
| €177 | Casa Carlos | 5.4 km |
| €411 | Villa Apuntaté | 5.8 km |
| €142,80 | Residencial Neo Txelmisa | 15.2 km |
| €171,20 | Family-friendly villa | 15.8 km |
| €114,20 | Ideal for disconnecting | 16.4 km |
| €554,40 | Chalet 3 bedrooms • Private pool • 1000 m² garden | 17.7 km |
| €154,20 | Casa Vega | 18.5 km |
| €198,60 | Apartment in downtown Zaragoza | 1.8 km |
Return & Value appreciation
Annual return
0.64%
5 Year Return
3.20%
10 Year Return
6.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, recently renovated, modern Scandinavian design enhances appeal and value.
Possible improvements
- Adding smart home technology for increased convenience and modern appeal.
- Upgrading kitchen appliances and fixtures.
- Enhancing outdoor living space with additional amenities or landscaping.
- Implementing energy-efficient features to reduce utility costs.
Description
Discover this stunning, newly renovated penthouse apartment in Miraflores, Spain, offering breathtaking views of the Mediterranean Sea and majestic mountains. Perched atop Miraflores, this property boasts a spacious 45-square-meter terrace where you can bask in the abundant sunshine of Costa del Sol, enjoy spectacular sunrise moments with your morning coffee, and marvel at the changing hues of the mountains and sea at sunset. The apartment’s Scandinavian-inspired design features clean, elegant lines from floor to ceiling, creating a welcoming and modern atmosphere ideal for those seeking a dream home in southern Spain. Inside, two luxurious bathrooms provide a perfect retreat for relaxation, while the contemporary kitchen seamlessly connects to the living area, offering picturesque views through expansive windows—perfect for cooking and entertaining. With three large bedrooms, including two overlooking the terrace, this property is ideal for families, guests, or rental opportunities on the Costa del Sol. Outside, residents enjoy access to lush communal gardens and multiple swimming pools, with stunning vistas of the pools from the terrace. A private parking space in the basement adds convenience. Whether you’re looking for a permanent residence or a lucrative vacation rental, this Miraflores apartment on the Costa del Sol offers exceptional value, combining modern comfort, spectacular views, and prime location in Spain’s famed Mediterranean region.
Location
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Nightly rates in the area
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