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Apartment in Riviera del Sol, 2 bedrooms, 82 m² €323.000

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2
Bedrooms
2
Bathrooms
82 m²
Surface area
€
€3939
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 2 bedrooms, 82 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 2 bedrooms, 82 m² - Afbeelding 1
Apartment in Riviera del Sol, 2 bedrooms, 82 m² - Afbeelding 2
Apartment in Riviera del Sol, 2 bedrooms, 82 m² - Afbeelding 3
+14 photos

Analysis

Price
€323.000
Own investment (30%)
€96.900
Buyer costs
€32.300
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€602,93
Maintenance costs
-€68,33
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€81,14
Tax (19%)
-€173,81
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€111,42
High season
€149
Mid season
€108,50
Low season
€87

Price determining factors

  • Proximity to beaches, golf courses, and urban amenities.
  • Community features such as landscaped gardens and secure parking.
  • Potential for rental income, especially in holiday seasons.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

9.18%

5 Year Return

45.90%

10 Year Return

91.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained interiors and functional layout support steady appreciation.
  • Local market trends in 2027: Growing demand for holiday and rental properties in Costa del Sol.
  • Property type: Apartments in popular holiday destinations tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain and the Eurozone supports property values.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transport and amenities enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade fixtures and fittings to increase luxury perception.
  • Enhance outdoor space or add features like a small garden or balcony.
  • Implement energy-efficient appliances and insulation to reduce utility costs.

Description

Discover this charming 2-bedroom apartment for sale in Riviera del Sol, Spain, offering the perfect blend of comfort, convenience, and investment potential. Located in the sought-after Hacienda Miraflores urbanization, this bright first-floor residence features a spacious 82.38 m² layout, complemented by a 12.98 m² covered terrace ideal for year-round outdoor living. The property includes an underground parking space of approximately 12 m², providing secure parking options. The functional interior comprises an entrance hall, a separate kitchen with a utility area, a generous living and dining area, two bedrooms, and two bathrooms, all designed for ease and comfort. Nestled within an Andalusian-style community with landscaped communal gardens and tranquil surroundings, this apartment is perfectly situated near golf courses, beaches, shops, and restaurants, with effortless access to Marbella and Málaga. Whether you're seeking a permanent residence, a holiday retreat, or a rental investment, this move-in ready property offers excellent rental potential and a peaceful lifestyle in Riviera del Sol, Spain. Take advantage of this fantastic opportunity to own a well-located apartment in the heart of Costa del Sol.

Location

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