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Apartment in Riviera del Sol, 2 bedrooms, 90 m² €339.000

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2
Bedrooms
2
Bathrooms
90 m²
Surface area
€
€3767
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 2 bedrooms, 90 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 2 bedrooms, 90 m² - Afbeelding 1
Apartment in Riviera del Sol, 2 bedrooms, 90 m² - Afbeelding 2
Apartment in Riviera del Sol, 2 bedrooms, 90 m² - Afbeelding 3
+12 photos

Analysis

Price
€339.000
Own investment (30%)
€101.700
Buyer costs
€33.900
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€632,80
Maintenance costs
-€75
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€84,54
Tax (19%)
-€166,22
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 and urban centers: High demand for coastal properties.
  • Community amenities: Lush gardens and pools add value.
  • Property size and layout: Spacious duplex with private garden and terraces.
  • Market demand for holiday rentals: High, supporting investment potential.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

8.36%

5 Year Return

41.80%

10 Year Return

83.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern duplex enhances value.
  • Local market trends in 2027: Growing popularity of Costa del Sol as a holiday and retirement destination.
  • Property type: Duplex apartment tends to appreciate steadily due to its appeal for families and investors.
  • Economic outlook in 2027: Expected positive growth in Spain's economy, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations in the region.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities boost property values.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade fixtures and fittings to increase luxury perception.
  • Enhance outdoor spaces with landscaping or additional outdoor furniture.
  • Install energy-efficient appliances and solar panels to reduce utility costs.

Description

Discover this charming two-bedroom duplex apartment in the desirable Riviera del Sol, Spain, offering an ideal coastal lifestyle close to the beach in Mijas Costa. Perfectly situated just 30 minutes from Málaga airport and 40 minutes from Málaga City, with Marbella only 20 minutes away, this property provides unparalleled access to the vibrant Costa del Sol region. The spacious duplex features two en-suite bathrooms, with the master bedroom opening onto a generous terrace, perfect for relaxing or entertaining. The ground floor includes a welcoming entrance hall, a convenient guest toilet, a modern kitchen with a laundry area, and a large living room that seamlessly connects to a private terrace. Complementing the living space is a small private garden, ideal for outdoor enjoyment. Included in the sale is a secure private garage located near the urbanization, ensuring easy parking. The well-maintained community boasts lush gardens and two inviting swimming pools, making it an excellent choice for both permanent residence and holiday investment. This Riviera del Sol property combines comfort, convenience, and scenic beauty, making it a prime opportunity in the Spanish real estate market. Whether you're seeking a seaside retreat or a strategic investment in Spain, this duplex apartment offers exceptional value in the Riviera del Sol area.

Location

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