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Apartment in Río Real, 3 bedrooms, 127 m² €495.000

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3
Bedrooms
2
Bathrooms
127 m²
Surface area
€
€3898
Price per m²
Apartment
Property type
Apartment in Río Real, 3 bedrooms, 127 m² - Hoofdafbeelding
Apartment in Río Real, 3 bedrooms, 127 m² - Afbeelding 1
Apartment in Río Real, 3 bedrooms, 127 m² - Afbeelding 2
Apartment in Río Real, 3 bedrooms, 127 m² - Afbeelding 3
+27 photos

Analysis

Price
€495.000
Own investment (30%)
€148.500
Buyer costs
€49.500
Estimated nightly rate
€139,65
Expected occupancy rate
52%
Gross rental p/m
€0000
Mortgage costs
-€924
Maintenance costs
-€105,83
Cleaning costs
-€333,33
Platform fees
-€331,32
Municipal taxes
-€117,69
Tax (19%)
-€75,36
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€139,65
High season
€207
Mid season
€141,92
Low season
€117

Price determining factors

  • Proximity to beaches, golf courses, and Marbella center.
  • Luxury amenities and modern renovations.
  • Community facilities like pools and private terraces.
  • High demand for vacation rentals and second homes.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

2.60%

5 Year Return

13.00%

10 Year Return

26.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and renovated, likely to attract higher ROI.
  • Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand.
  • Property type: Apartments in high-demand coastal area tend to appreciate well.
  • Economic outlook in 2027: Positive, with growth in tourism and real estate sectors.
  • Demographic developments: Increasing expatriate and retiree populations boosting demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhancing property values.
  • Historical WOZ value trends: Consistent increase reflecting rising property values.

Possible improvements

  • Adding a private jacuzzi or pool on the terrace.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor living space with landscaping.
  • Implementing smart home technology.

Description

Experience modern coastal living with this beautifully renovated apartment in Río Real, Spain. Perfectly positioned in the tranquil yet accessible neighborhood of Río Real, this property offers a luxurious lifestyle just minutes from Marbella’s vibrant city center, pristine beaches, and world-class golf courses. Boasting a spacious 88m² indoor area complemented by a 23m² covered terrace, this Río Real apartment combines comfort and style seamlessly. The contemporary design features a brand-new kitchen equipped with high-end appliances, elegant bathrooms with underfloor heating, and stylish furnishings throughout. Step outside to a private terrace with direct access to inviting swimming pools, ideal for relaxation and entertaining. The apartment also includes a dedicated parking space, a 4m² storage room, and modern amenities like efficient air conditioning, a washer, linens, and more for ultimate convenience. Located in the lush Urbanización Las Lomas del Río Real, residents enjoy proximity to top-rated schools, La Cañada shopping center, and the vibrant Marbella center, making this Río Real property an ideal choice for both lifestyle and investment. With community fees of 134 euros per month and annual IBI fees of 850 euros, this apartment offers exceptional value in one of Spain’s most sought-after locations. Discover the perfect blend of tranquility and connectivity in this prime Río Real apartment in Spain.

Location

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