You can view 2 more properties. Log in for unlimited access.
3
Bedrooms
2
Bathrooms
105 m²
Surface area
€
€5476
Price per m²
Apartment
Property type
+12 photos
Analysis
Price
€575.000
Own investment (30%)
€172.500
30% down payment of purchase price
Buyer costs
€57.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€108,59
Expected occupancy rate
67%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€1.073,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€87,50
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
-€138,94
Municipal taxes for Miraflores
Tax
(19%)
-€47,10
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.
Interested?
Log in now to contact the seller directly
Log inNightly Rates
Estimated nightly rate
€108,59
High season
€131
Mid season
€108,67
Low season
€100
Price determining factors
- Proximity to beaches, golf courses, and urban amenities.
- High-quality interior finishes and furnishings.
- South-facing orientation providing natural sunlight and sea views.
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 |
Return & Value appreciation
Annual return
1.05%
5 Year Return
5.25%
10 Year Return
10.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern fixtures and fittings, enhancing appeal and value.
- Local market trends in 2027: Expected growth driven by tourism and expatriate demand in Costa del Sol.
- Property type: Apartments in desirable coastal locations tend to appreciate steadily due to high demand.
- Economic outlook in 2027: Positive economic growth in Spain and Europe, supporting real estate appreciation.
- Demographic developments: Increasing expatriate population and retirees seeking coastal properties.
- Infrastructure plans in 2027: Ongoing improvements in transport, healthcare, and amenities in Miraflores and Costa del Sol.
- Historical WOZ value trends: Consistent increase in property values and local taxes, indicating rising demand.
Possible improvements
- Renovate bathrooms and kitchen for modern appeal.
- Upgrade air conditioning and heating systems.
- Enhance outdoor space with landscaping or additional features.
- Install smart home technology for added convenience.
Description
Discover this stunning middle-floor apartment in Miraflores, Spain, offering an exceptional coastal living experience on the Costa del Sol. Perfect for both investors and those seeking a luxurious residence, this spacious 3-bedroom, 2-bathroom apartment boasts 105 m² of well-designed interior space complemented by a generous 30 m² terrace with panoramic sea and garden views. Located in a highly desirable urbanisation close to golf courses and the Mediterranean Sea, this property combines convenience with elegance. The south-facing orientation ensures abundant natural sunlight throughout the day, enhancing the bright and airy atmosphere. In excellent condition, the apartment features marble flooring, fitted wardrobes, a fully equipped kitchen, and air conditioning for maximum comfort. The property also includes secure underground parking, a gated complex with communal gardens, a swimming pool, and lift access. Its prime location near transport links makes it ideal for easy commuting and exploring the vibrant Miraflores area. Whether you are looking for a holiday home, a permanent residence, or a lucrative investment, this fully furnished Miraflores apartment on the Costa del Sol offers exceptional value. Don’t miss the opportunity to own a piece of Spain’s beautiful coastline with spectacular sea views, making it an ideal choice for those seeking property in Miraflores, Spain.
Location
Similar properties in Miraflores
Nightly rates in the area
Questions? Chat with us!