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2
Bedrooms
2
Bathrooms
81 m²
Surface area
€
€4309
Price per m²
Apartment
Property type
+16 photos
Analysis
Price
€349.000
Own investment (30%)
€104.700
30% down payment of purchase price
Buyer costs
€34.900
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
-€651,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€67,50
{% 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
-€86,66
Municipal taxes for Riviera del Sol
Tax
(19%)
-€163,70
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
- Proximity to beaches and amenities: High demand for properties close to the coast and local attractions.
- Property condition: Modern renovations enhance value.
- Views and outdoor space: Panoramic sea views and large terrace are highly desirable.
- Economic factors: Stable economic growth in Spain, favorable mortgage rates.
- Local developments: Planned infrastructure and tourism developments support property values.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
8.00%
5 Year Return
40.00%
10 Year Return
80.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value appreciation.
- Local market trends in 2027: Expected growth in the Costa del Sol region due to tourism and expatriate demand.
- Property type: Penthouse apartments tend to appreciate faster due to exclusivity and views.
- Economic outlook in 2027: Positive, with steady growth in Spain's economy and tourism sector.
- Demographic developments: Increasing expatriate and retiree populations seeking properties in sunny, coastal areas.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Riviera del Sol.
- Historical WOZ value trends: Consistent increase reflecting regional growth and property demand.
Possible improvements
- Adding modern smart home features.
- Upgrading kitchen and bathroom fixtures.
- Enhancing outdoor living spaces with additional amenities.
- Implementing energy-efficient systems to reduce utility costs.
Description
Discover this exquisite penthouse apartment in Riviera del Sol, Spain, offering a perfect blend of luxury and convenience in a sought-after gated community. Located just a five-minute walk from the stunning beaches and lively seafront promenade, this property places you right in the heart of the lower Riviera, renowned for its vibrant lifestyle and scenic beauty. The vibrant neighborhood boasts a wide array of shops, acclaimed restaurants, and the picturesque Diana Park, ensuring all your daily needs are met within easy reach.
This Riviera del Sol penthouse features two spacious bedrooms and two modern bathrooms, ideal for comfortable living or a luxurious holiday retreat. The highlight is the expansive terrace with panoramic views of the sparkling Mediterranean Sea and the picturesque Riviera landscape, perfect for relaxing or entertaining guests. Fully renovated to the highest standards, this modern home combines contemporary design with functional elegance.
Residents enjoy access to premium amenities, including a swimming pool and meticulously maintained gardens, enhancing the quality of life in this premium Spanish location. Whether seeking a permanent residence or an investment opportunity, this Riviera del Sol property in Spain offers a rare chance to own a modern, sea-view home in one of the most desirable areas of the Costa del Sol. Don’t miss the opportunity to experience the best of Riviera del Sol living in this exceptional Spanish property.
Location
Nightly rates in the area
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