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2
Bedrooms
2
Bathrooms
101 m²
Surface area
€
€4455
Price per m²
Apartment
Property type
+19 photos
Analysis
Price
€450.000
Own investment (30%)
€135.000
30% down payment of purchase price
Buyer costs
€45.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€840
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€84,17
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€345,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€108,12
Municipal taxes for Riviera del Sol
Tax
(19%)
-€120,63
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
€111,42
High season
€149
Mid season
€108,50
Low season
€87
Price determining factors
- Strong local demand in Riviera del Sol and proximity to Marbella and Fuengirola.
- Limited supply of luxury penthouses in the area.
- Increasing popularity of Spanish coastal living among international buyers.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 1.9 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 12.2 km |
| €132,40 | Spectacular house on Carvajal Beach | 13.1 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 13.3 km |
| €166,80 | Chariming and creative house 50m from the beach | 8.9 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 18.6 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 15.9 km |
| €186,80 | Unique place with roof terrace in Old town | 16.1 km |
| €116 | Charming Sea Front Bungalow | 23.4 km |
| €124,86 | Sunny hillside casita in Guaro | 21.8 km |
Return & Value appreciation
Annual return
4.57%
5 Year Return
22.85%
10 Year Return
45.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained luxury penthouse with modern finishes and high-end amenities suggests good potential for value appreciation.
Possible improvements
- Renovate kitchen and bathrooms with modern fixtures.
- Upgrade smart home features for added convenience.
- Enhance outdoor spaces with landscaping or additional amenities.
Description
Discover this stunning south-facing luxury penthouse in Riviera del Sol, Spain, offering an expansive, light-filled living space perfect for comfortable living and entertaining. This large 2-bedroom, 2-bathroom penthouse is nestled within an exclusive, meticulously maintained complex, just minutes from Fuengirola and Marbella, with easy access to Malaga Airport. The property features a spacious open-plan lounge and dining area with floor-to-ceiling glass doors that open onto a generous wrap-around terrace, showcasing breathtaking views of golf courses, mountains, and lush community gardens. The fully fitted kitchen complements the bright, airy atmosphere, while the master bedroom boasts large mirrored wardrobes and direct terrace access. Modern finishes include marble flooring throughout, fully tiled marble bathrooms, air conditioning with heating and cooling, a video entry system, satellite TV, and a security alarm system. The upscale complex offers beautifully landscaped tropical gardens with a tranquil pond, a large swimming pool with a bar and prep area, a children's pool, a well-equipped gym, and a sauna. Additional features include underground parking and storage. Ideal for investors or those seeking a serene Spanish lifestyle, this Riviera del Sol penthouse is conveniently located just 25 minutes from Malaga Airport and close to vibrant towns like Fuengirola and Marbella. Please note, the complex does not permit pets or holiday rentals, ensuring a peaceful living environment. Experience the best of Spanish coastal living with this exceptional Riviera del Sol luxury penthouse.
Location
Nightly rates in the area
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