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2
Bedrooms
2
Bathrooms
81 m²
Surface area
€
€3951
Price per m²
Apartment
Property type
+19 photos
Analysis
Price
€320.000
Own investment (30%)
€96.000
30% down payment of purchase price
Buyer costs
€32.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€112,44
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€597,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€67,50
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
-€348,84
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€80,50
Municipal taxes for Riviera del Sol
Tax
(19%)
-€178,56
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
€112,44
High season
€150
Mid season
€109,42
Low season
€89
Price determining factors
- Proximity to beaches, amenities, and golf courses.
- Views of golf course and lake.
- Renovated condition and modern features.
- Community amenities like pool and private parking.
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
7.14%
5 Year Return
35.70%
10 Year Return
71.40%
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 to remain strong due to high demand in Costa del Sol.
- Property type: Apartments in desirable locations tend to appreciate steadily.
- Economic outlook in 2027: Positive, with tourism and real estate sectors expected to grow.
- Demographic developments: Increasing expatriate and retiree populations boosting demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property values.
- Historical WOZ value trends: Consistent growth in property taxes indicating rising property values.
Possible improvements
- Adding smart home features for modern appeal.
- Upgrading kitchen appliances and fixtures.
- Enhancing outdoor space with landscaping or furniture.
- Installing energy-efficient windows or solar panels.
Description
Discover this beautiful renovated 2-bedroom, 2-bathroom apartment in the sought-after Riviera del Sol, Spain, offering an exceptional frontline golf location with panoramic views of the golf course and nearby lake. This stunning Riviera del Sol property boasts a bright, spacious living-dining area filled with natural light, seamlessly extending to a generous terrace perfect for relaxing or entertaining. An enclosed glass curtain section provides an all-year-round versatile living space, allowing you to enjoy the peaceful surroundings and stunning vistas regardless of the season. The modern, fully equipped kitchen features contemporary design and functionality, while both bedrooms are generously proportioned, including a master suite with an en-suite bathroom. Situated within a well-maintained community in Riviera del Sol, the apartment benefits from lift access, a communal swimming pool, private parking, and a secure storage room—ensuring comfort and convenience. Located just a five-minute drive from the beaches, restaurants, shops, and all essential amenities of Riviera del Sol, this property is ideal as a permanent residence, holiday retreat, or investment opportunity on the Costa del Sol. Enjoy tranquility, breathtaking views, and easy access to everything that makes Riviera del Sol a desirable destination in Spain.
Location
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Nightly rates in the area
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