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Apartment in Riviera del Sol, 2 bedrooms, 113 m² €469.000

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2
Bedrooms
3
Bathrooms
113 m²
Surface area
€
€4150
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 2 bedrooms, 113 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 2 bedrooms, 113 m² - Afbeelding 1
Apartment in Riviera del Sol, 2 bedrooms, 113 m² - Afbeelding 2
Apartment in Riviera del Sol, 2 bedrooms, 113 m² - Afbeelding 3
+43 photos

Analysis

Price
€469.000
Own investment (30%)
€140.700
Buyer costs
€46.900
Estimated nightly rate
€117,77
Expected occupancy rate
67%
Gross rental p/m
€0000
Mortgage costs
-€875,47
Maintenance costs
-€94,17
Cleaning costs
-€291,67
Platform fees
-€360,01
Municipal taxes
-€112,16
Tax (19%)
-€126,65
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€117,77
High season
€157
Mid season
€114,67
Low season
€91

Price determining factors

  • Proximity to beaches, golf courses, and amenities.
  • Tourist license enabling short-term rentals.
  • Sea views and outdoor spaces enhancing appeal.
  • Community amenities like pools, gym, and gardens.
  • Location within a secure, gated community.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

4.60%

5 Year Return

23.00%

10 Year Return

46.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern design, and recent renovations can boost ROI.
  • Local market trends in 2027: Growing tourism and demand for holiday rentals in Costa del Sol.
  • Property type: Duplex apartments are highly desirable for their space and privacy.
  • Economic outlook in 2027: Positive growth in Spain's economy, boosting real estate investments.
  • Demographic developments: Increasing number of retirees and expatriates seeking holiday homes.
  • Infrastructure plans in 2027: Continued improvements in transportation, amenities, and connectivity.
  • Historical WOZ value trends: Steady increase in property taxes indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Enhance outdoor spaces with landscaping or additional furniture.
  • Implement energy-efficient upgrades to reduce utility costs.
  • Add smart home features for modern convenience.
  • Renovate bathrooms for a more luxurious feel.

Description

Discover this stunning 2-bedroom duplex for sale in Riviera del Sol, Spain, offering breathtaking sea views and a coveted tourist license. Located within the prestigious Cala Lucía urbanization, this property boasts a well-designed layout with 2.5 bathrooms, multiple outdoor spaces including a private patio, terrace, and balcony—perfect for enjoying the Costa del Sol’s enviable climate. Situated in a secure, gated community, residents benefit from exceptional amenities such as two swimming pools (including one heated for winter), a modern gym, sauna, children’s play area, elevator, beautifully maintained gardens, and a community room ideal for private events. The property’s tourist license makes it an attractive investment opportunity for vacation rentals or a comfortable second home in Spain. Its prime location near golf courses and Max Beach, just 30 minutes from Malaga Airport, adds to its appeal. Whether seeking a permanent residence, investment, or holiday retreat, this well-maintained urbanization in Riviera del Sol offers the perfect blend of comfort, convenience, and investment potential in Spain’s renowned Costa del Sol region.

Location

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