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2
Bedrooms
2
Bathrooms
90 m²
Surface area
€
€3889
Price per m²
Apartment
Property type
+25 photos
Analysis
Price
€350.000
Own investment (30%)
€105.000
30% down payment of purchase price
Buyer costs
€35.000
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
-€653,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€75
{% 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
-€86,88
Municipal taxes for Riviera del Sol
Tax
(19%)
-€161,88
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
- Property condition: Modern renovations increase attractiveness.
- Local market trends in 2027: Rising demand for holiday and investment properties.
- Property type: Apartments in gated communities are highly sought after.
- Economic outlook in 2027: Strong economic growth supports property appreciation.
- Demographic developments: Growing expatriate community and retirees.
- Infrastructure plans in 2027: Planned upgrades to roads and public services.
- Historical WOZ value trends: Increasing property tax assessments reflect rising values.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
7.89%
5 Year Return
39.45%
10 Year Return
78.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and renovated, which enhances value retention and appreciation.
- Local market trends in 2027: Expected to be positive due to ongoing demand for coastal properties in Costa del Sol.
- Property type: Apartments in high-demand gated communities tend to appreciate steadily.
- Economic outlook in 2027: Favorable, with tourism and real estate sectors likely to grow.
- Demographic developments: Increasing demand from expatriates and retirees seeking quality coastal living.
- Infrastructure plans in 2027: Improvements in transportation and amenities could boost property values.
- Historical WOZ value trends: Consistent appreciation in property taxes indicating rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Add smart home features for modern convenience.
- Improve outdoor terraces with stylish furniture or landscaping.
- Enhance energy efficiency with solar panels or better insulation.
- Renovate bathrooms for a more luxurious feel.
Description
Discover this beautifully renovated two-bedroom apartment in Riviera del Sol, Spain, offering a perfect blend of modern elegance and comfort. Positioned frontline to Miraflores Golf Course within the prestigious Mijar Golf gated community, this exceptional property provides a serene and privileged setting with stunning views. The apartment features bright, stylish living spaces crafted with premium materials, including an open-plan kitchen and living area that seamlessly extend to spacious terraces. Both double bedrooms boast access to outdoor terraces, with the master bedroom complemented by an en-suite bathroom. Residents enjoy access to beautifully landscaped communal gardens, a sparkling swimming pool, a paddle tennis court, underground parking, and a private storeroom—ideal for a luxurious lifestyle or investment. Located just a short walk to the Miraflores Golf Clubhouse and only five minutes by car to the coast, this home offers convenient access to Fuengirola, Marbella, and Malaga Airport. Whether seeking a permanent residence, holiday retreat, or investment property, this Riviera del Sol apartment presents a rare opportunity to own a sophisticated home in one of Spain’s most sought-after locations. Experience the best of Spanish coastal living with this exceptional Riviera del Sol property, perfectly situated for enjoying the vibrant Costa del Sol lifestyle.
Location
Nightly rates in the area
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