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2
Bedrooms
2
Bathrooms
84 m²
Surface area
€
€4226
Price per m²
Apartment
Property type
+11 photos
Analysis
Price
€355.000
Own investment (30%)
€106.500
30% down payment of purchase price
Buyer costs
€35.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€662,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€70
{% 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
-€87,94
Municipal taxes for Riviera del Sol
Tax
(19%)
-€160,85
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 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
Nightly rates in the area
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