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Apartment in Riviera del Sol, 2 bedrooms, 101 m² €450.000

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2
Bedrooms
2
Bathrooms
101 m²
Surface area
€
€4455
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 2 bedrooms, 101 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 2 bedrooms, 101 m² - Afbeelding 1
Apartment in Riviera del Sol, 2 bedrooms, 101 m² - Afbeelding 2
Apartment in Riviera del Sol, 2 bedrooms, 101 m² - Afbeelding 3
+19 photos

Analysis

Price
€450.000
Own investment (30%)
€135.000
Buyer costs
€45.000
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€840
Maintenance costs
-€84,17
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€108,12
Tax (19%)
-€120,63
Cashflow p.m.
Earned back in

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Nightly 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

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