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Apartment in Riviera del Sol, 2 bedrooms, 89 m² €369.000

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2
Bedrooms
2
Bathrooms
89 m²
Surface area
€
€4146
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 2 bedrooms, 89 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 2 bedrooms, 89 m² - Afbeelding 1
Apartment in Riviera del Sol, 2 bedrooms, 89 m² - Afbeelding 2
Apartment in Riviera del Sol, 2 bedrooms, 89 m² - Afbeelding 3
+32 photos

Analysis

Price
€369.000
Own investment (30%)
€110.700
Buyer costs
€36.900
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€688,80
Maintenance costs
-€74,17
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€90,91
Tax (19%)
-€154,53
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 golf courses, beaches, and amenities: Enhances desirability.
  • Views and outdoor space: Panoramic golf course views and terrace increase value.
  • Property condition: Move-in ready condition supports higher pricing.
  • Market demand for holiday and permanent residences: Sustains price levels.
  • Local development projects: New commercial and recreational developments could boost property value.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

7.14%

5 Year Return

35.70%

10 Year Return

71.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports steady appreciation.
  • Local market trends in 2027: Expected growth in Costa del Sol due to tourism and expatriate influx.
  • Property type: Apartments in high-demand areas tend to appreciate steadily.
  • Economic outlook in 2027: Positive, with Spain's economy projected to grow moderately, supporting real estate investments.
  • Demographic developments: Increasing expatriate and retiree populations seeking properties in Costa del Sol.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and tourism infrastructure.
  • Historical WOZ value trends: Consistent increase over recent years, indicating rising property values.

Possible improvements

  • Adding modern smart home features.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor living spaces with landscaping or a pergola.
  • Installing energy-efficient windows or solar panels.
  • Renovating bathrooms for a more luxurious feel.

Description

Discover this stunning property in Riviera del Sol, Spain, nestled in the exclusive Miraflores area. Surrounded by tranquil nature and breathtaking golf course views, this home offers a bright and spacious living environment perfect for enjoying the idyllic Costa del Sol lifestyle. The generous living room opens directly onto a beautiful terrace, providing uninterrupted panoramic views of the golf course—ideal for relaxation and outdoor entertaining. The fully renovated, independent kitchen includes a practical utility room, catering to modern living needs. Featuring two bedrooms and two bathrooms, the property is designed for comfort and functionality. The price includes a private garage space and a storage room, with additional communal parking available within a secure, gated complex. Residents benefit from beautifully landscaped gardens and a communal swimming pool, creating a peaceful and well-maintained environment. This move-in-ready home is in impeccable condition, requiring no renovations. Positioned in the sought-after Riviera del Sol area of Spain, this property is perfect for those seeking a permanent residence or holiday retreat near golf courses, beaches, and local amenities. Don’t miss this exceptional opportunity to own a piece of the Costa del Sol; contact us today to arrange a viewing or for more information about this Riviera del Sol property in Spain.

Location

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