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2
Bedrooms
2
Bathrooms
89 m²
Surface area
€
€3539
Price per m²
Apartment
Property type
+25 photos
Analysis
Price
€315.000
Own investment (30%)
€94.500
30% down payment of purchase price
Buyer costs
€31.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€588
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€74,17
{% 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
-€79,44
Municipal taxes for Riviera del Sol
Tax
(19%)
-€175,86
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 beaches and amenities: The location offers high desirability.
- Views and outdoor space: Panoramic sea and mountain views significantly enhance value.
- Community amenities: Pools, tennis courts, and green areas add to the property's attractiveness.
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
9.52%
5 Year Return
47.60%
10 Year Return
95.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property is well-maintained but could benefit from modern updates to increase appeal.
- Local market trends in 2027: The Costa del Sol region is expected to continue its popularity among international buyers, supporting appreciation.
- Property type: As a penthouse with panoramic views, it has high desirability and potential for value increase.
- Economic outlook in 2027: Spain's economy is projected to stabilize and grow modestly, supporting real estate investments.
- Demographic developments: Increasing expatriate and retiree populations in the area will sustain demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities will enhance property values.
- Historical WOZ value trends: Past trends indicate steady appreciation in the region, with potential for accelerated growth due to tourism and foreign investment.
Possible improvements
- Renovate the interior to modern standards, including kitchen and bathroom upgrades.
- Enhance outdoor spaces with landscaping or additional features.
- Install energy-efficient windows and appliances to improve sustainability and appeal.
Description
Experience breathtaking sea and mountain views from this luxurious triplex penthouse in Riviera del Sol, Spain. Perfectly positioned in a tranquil residential community, this spacious and luminous penthouse offers a unique opportunity to enjoy the stunning vistas of Gibraltar, Morocco, and the Mediterranean coastline. Comprising two bedrooms across three levels, the property provides a perfect blend of privacy and comfort. The main floor features a cozy living room opening onto a sun-drenched terrace—ideal for soaking up the Mediterranean climate—along with a functional kitchen. The top floor boasts a private terrace, perfect for relaxing while watching spectacular sunrises and sunsets. Additional versatile spaces allow customization to suit your lifestyle, making this Riviera del Sol penthouse a true blank canvas for personalization. Though some updates may enhance its charm, the property already holds immense potential as a permanent residence or holiday retreat. The well-maintained community includes three swimming pools, a tennis court, and lush green areas, offering residents an exceptional environment for relaxation and recreation. Situated in the sought-after Riviera del Sol, Spain, this property combines peaceful residential living with excellent connectivity to local amenities, making it an ideal choice for buyers seeking a luxurious home with panoramic views in Spain. Discover your perfect getaway or permanent residence in Riviera del Sol, the jewel of Spain’s Costa del Sol.
Location
Nightly rates in the area
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