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Apartment in Riviera del Sol, 2 bedrooms, 84 m² €315.000

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2
Bedrooms
2
Bathrooms
84 m²
Surface area
€
€3750
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 2 bedrooms, 84 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 2 bedrooms, 84 m² - Afbeelding 1
Apartment in Riviera del Sol, 2 bedrooms, 84 m² - Afbeelding 2
Apartment in Riviera del Sol, 2 bedrooms, 84 m² - Afbeelding 3
+29 photos

Analysis

Price
€315.000
Own investment (30%)
€94.500
Buyer costs
€31.500
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€588
Maintenance costs
-€70
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€79,44
Tax (19%)
-€176,65
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 amenities increases desirability.
  • Limited rental restrictions make it attractive for investors.
  • High-end finishes and private amenities add value.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

9.56%

5 Year Return

47.80%

10 Year Return

95.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with recent upgrades, supports value appreciation.
  • Local market trends in 2027: Expected growth due to increasing demand for coastal properties in Spain.
  • Property type: Luxury apartment, which tends to appreciate faster in desirable locations.
  • Economic outlook in 2027: Positive, with steady growth in Spain and Europe, boosting real estate investments.
  • Demographic developments: Growing expatriate and retiree populations seeking coastal living.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhancing property appeal.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Enhance outdoor space with landscaping or additional features.
  • Implement energy-efficient upgrades to reduce utility costs.

Description

Discover this stunning 2-bedroom luxury ground-floor apartment in Riviera del Sol, Spain, offering southwest facing views, a private pool, lush gardens, and scenic golf vistas. Located within a meticulously maintained complex near Miraflores golf club, this Riviera del Sol property combines elegance with comfort. The spacious living area features a bright lounge and dining space alongside a fully equipped open-plan kitchen, perfect for modern living. Two large double bedrooms boast mirrored fitted wardrobes and direct access to a generous 32m terrace, which overlooks beautifully landscaped communal gardens and provides a private outdoor retreat. The apartment’s high-end finish includes marble flooring throughout, fully tiled marble bathrooms, and recently upgraded air conditioning with heating and cooling. Modern amenities such as a video entry system, satellite TV, alarm, private parking, and storage enhance convenience and security. The complex’s amenities include tranquil gardens with pond features, a large swimming pool with a bar area, a gymnasium, and sauna, ideal for relaxation and recreation. Situated just a short drive from beaches, restaurants, and shops, and only 25 minutes from Malaga Airport, this Riviera del Sol property offers an ideal blend of tranquility and accessibility. Please note, pets and holiday rentals are not permitted within this sought-after community. Experience the best of coastal living in this exceptional Riviera del Sol apartment, perfect for investment or permanent residence in Spain.

Location

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