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Apartment in Miraflores, 3 bedrooms, 105 m² €575.000

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3
Bedrooms
2
Bathrooms
105 m²
Surface area
€5476
Price per m²
Apartment
Property type
Apartment in Miraflores, 3 bedrooms, 105 m² - Hoofdafbeelding
Apartment in Miraflores, 3 bedrooms, 105 m² - Afbeelding 1
Apartment in Miraflores, 3 bedrooms, 105 m² - Afbeelding 2
Apartment in Miraflores, 3 bedrooms, 105 m² - Afbeelding 3
+12 photos

Analysis

Price
€575.000
Own investment (30%)
€172.500
Buyer costs
€57.500
Estimated nightly rate
€108,59
Expected occupancy rate
67%
Gross rental p/m
€0000
Mortgage costs
-€1.073,33
Maintenance costs
-€87,50
Cleaning costs
-€333,33
Platform fees
-€331,95
Municipal taxes
-€138,94
Tax (19%)
-€47,10
Cashflow p.m.
Earned back in

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Nightly 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

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