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3
Bedrooms
2
Bathrooms
135 m²
Surface area
€
€2778
Price per m²
Apartment
Property type
+29 photos
Analysis
Price
€375.000
Own investment (30%)
€112.500
30% down payment of purchase price
Buyer costs
€37.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€108,28
Expected occupancy rate
67%
Gross rental p/m
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€0000
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Mortgage costs
-€700
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€112,50
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€331
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€92,19
Municipal taxes for Miraflores
Tax
(19%)
-€121,15
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
€108,28
High season
€131
Mid season
€108,33
Low season
€100
Price determining factors
- Proximity to golf courses and amenities increases desirability.
- Views and outdoor spaces add premium value.
- Modern fittings and well-maintained condition support higher pricing.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
5.51%
5 Year Return
27.55%
10 Year Return
55.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern interior enhances appeal and value.
- Local market trends in 2027: Growing demand for holiday and retirement homes on Costa del Sol.
- Property type: Apartments in a desirable location tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain and Europe supports real estate appreciation.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property value.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Enhance outdoor terraces with furniture or landscaping.
- Add smart home features for modern convenience.
- Improve energy efficiency with solar panels or insulation.
Description
Discover this stunning corner apartment in Miraflores, Spain, offering a perfect blend of spacious living and outdoor comfort. Located just a 5-minute walk from the renowned Miraflores Golf Club House, this property is ideal for golf enthusiasts and those seeking a peaceful yet vibrant community on the Costa del Sol. The bright, well-lit interior features a generous living and dining area that seamlessly connects to multiple terraces—front, side, and rear—perfect for enjoying sunshine and outdoor entertaining. The fully fitted kitchen provides modern convenience, while the three spacious bedrooms include a master with an en-suite and direct access to the main front terrace, a second bedroom opening onto a rear terrace, and a third with a charming Juliet balcony. A full bathroom is conveniently situated between the latter two bedrooms. Additional highlights include underground parking, a 12 sqm private storage room, and a well-maintained complex that emphasizes natural light and comfort. Whether you're seeking a permanent residence, holiday retreat, or investment property, this large corner apartment in Miraflores, Spain, offers exceptional value. Experience the best of Costa del Sol living with easy access to golf, leisure, and the vibrant local community.
Location
Nightly rates in the area
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