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Apartment in Riviera del Sol, 2 bedrooms, 84 m² €355.000

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2
Bedrooms
2
Bathrooms
84 m²
Surface area
€
€4226
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
+11 photos

Analysis

Price
€355.000
Own investment (30%)
€106.500
Buyer costs
€35.500
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€662,67
Maintenance costs
-€70
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€87,94
Tax (19%)
-€160,85
Cashflow p.m.
Earned back in

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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 golf courses and beaches increases desirability.
  • High-quality amenities within the complex attract premium prices.
  • Scenic views and landscaped gardens add to property appeal.

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

7.73%

5 Year Return

38.65%

10 Year Return

77.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and modern interiors enhance value.
  • Local market trends in 2027: Growing demand for coastal and golf properties in Costa del Sol.
  • Property type: Apartments in resort areas tend to appreciate due to lifestyle appeal.
  • Economic outlook in 2027: Stable economic growth in Spain supports property appreciation.
  • Demographic developments: Increasing number of retirees and expatriates in Spain boost demand.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities can increase property value.
  • Historical WOZ value trends: Consistent appreciation in property taxes indicates rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Enhance outdoor landscaping and garden features.
  • Modernize bathrooms for a more luxurious feel.
  • Add smart home technology for convenience.

Description

Experience the ultimate in golf course living with this stunning 2-bedroom, 2-bathroom ground-floor apartment in the prestigious Milenio complex, located in Riviera del Sol, Spain. Perfectly positioned front line to the golf course, this property offers a harmonious blend of comfort, elegance, and resort-style amenities, making it an ideal choice for both permanent residence and holiday retreats in Riviera del Sol. Inside, enjoy a bright, spacious open-plan living and dining area that seamlessly extends to a large private landscaped garden—an ideal space for outdoor entertaining and relaxation while soaking in picturesque golf course views. The apartment features two well-designed bedrooms, including a luxurious master suite with an en-suite bathroom, complemented by a modern second bathroom. The fully equipped kitchen provides convenience and functionality for everyday living. Residents of the Milenio complex benefit from an array of amenities, including a seasonal swimming pool with a snack bar, a well-equipped gym, lush gardens, and a secure, friendly environment. Situated in Riviera del Sol, this golf-side apartment offers unparalleled access to premier golf courses, beautiful beaches, and vibrant local amenities, making it a highly desirable property in Spain’s Costa del Sol region. Don’t miss the chance to own this exceptional Riviera del Sol golf apartment—an ideal investment for golf enthusiasts and lovers of coastal Spain.

Location

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