Back

Apartment in Riviera del Sol, 2 bedrooms, 62 m² €315.000

2 views

You can view 1 more properties. Log in for unlimited access.

2
Bedrooms
1
Bathrooms
62 m²
Surface area
€
€5081
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 2 bedrooms, 62 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 2 bedrooms, 62 m² - Afbeelding 1
Apartment in Riviera del Sol, 2 bedrooms, 62 m² - Afbeelding 2
Apartment in Riviera del Sol, 2 bedrooms, 62 m² - Afbeelding 3
+19 photos

Analysis

Price
€315.000
Own investment (30%)
€94.500
Buyer costs
€31.500
Estimated nightly rate
€103,04
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€588
Maintenance costs
-€51,67
Cleaning costs
-€291,67
Platform fees
-€319,68
Municipal taxes
-€79,44
Tax (19%)
-€152,14
Cashflow p.m.
Earned back in
00months

Interested?

Log in now to contact the seller directly

Log in

Nightly Rates

Estimated nightly rate
€103,04
High season
€138
Mid season
€100,42
Low season
€82

Price determining factors

  • Proximity to Marbella and Málaga, enhancing desirability.
  • High demand for holiday rentals, supporting rental income and property value.
  • Modern amenities and recent upgrades increase attractiveness.
  • Tourist license adds value for investment purposes.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

8.24%

5 Year Return

41.20%

10 Year Return

82.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports value retention and growth.
  • Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand.
  • Property type: Apartment in a popular holiday destination, likely to appreciate with tourism trends.
  • Economic outlook in 2027: Moderate economic growth in Spain, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations, boosting demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Costa del Sol.
  • Historical WOZ value trends: Consistent increase in property values in the region over the past decade.

Possible improvements

  • Adding a small balcony or extending the terrace for outdoor space.
  • Upgrading kitchen appliances or finishes for higher appeal.
  • Installing smart home technology to modernize the property.
  • Enhancing energy efficiency with solar panels or additional insulation.

Description

Discover this beautifully renovated and fully furnished 2-bedroom apartment in the sought-after Riviera del Sol area of Mijas, Spain. Located just 20 minutes from Marbella and Málaga Airport, and approximately 30 minutes from Málaga city center, this Costa del Sol property offers the perfect blend of comfort and convenience. Spanning 50 m², the modern interior features a spacious living area, a fully equipped kitchen with microwave, washer-dryer, and refrigerator, along with a private terrace ideal for relaxing or entertaining. Recent upgrades include new electrical wiring, a new boiler, and air conditioning units in every room to ensure year-round comfort. Set within a tranquil, well-maintained residential complex, this Riviera del Sol apartment boasts access to a communal swimming pool and includes its own private electricity meter, with water costs covered in the community fees. The property benefits from a valid tourist license, making it an excellent investment opportunity for short-term holiday rentals, especially given the high demand in the Riviera del Sol area of Spain. Whether you're seeking a stylish second home, a permanent residence, or a lucrative rental property, this turnkey apartment in Riviera del Sol offers exceptional value on the Costa del Sol. Its prime location, modern amenities, and strong rental potential make it a standout choice for buyers looking to enjoy the best of Spain’s Mediterranean lifestyle.

Location

Questions? Chat with us!