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2
Bedrooms
1
Bathrooms
90 m²
Surface area
€
€3833
Price per m²
Apartment
Property type
+13 photos
Analysis
Price
€345.000
Own investment (30%)
€103.500
30% down payment of purchase price
Buyer costs
€34.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€103,04
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€644
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
-€319,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€85,81
Municipal taxes for Riviera del Sol
Tax
(19%)
-€135,86
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
€103,04
High season
€138
Mid season
€100,42
Low season
€82
Price determining factors
- Proximity to beaches, amenities, and transportation.
- Quality of renovation and interior condition.
- Views from the property, especially sea views.
- Local demand for holiday rentals and permanent residence.
- Economic stability and growth in the Costa del Sol region.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
6.72%
5 Year Return
33.60%
10 Year Return
67.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Recently renovated, which enhances value and appeal.
- Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand.
- Property type: Apartments in desirable coastal locations tend to appreciate well.
- Economic outlook in 2027: Positive, with tourism and real estate sectors contributing to growth.
- Demographic developments: Increasing expatriate and retiree populations boosting demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities support property values.
- Historical WOZ value trends: Consistent increase over recent years, indicating rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Enhance outdoor space with landscaping or furniture.
- Add modern amenities like smart home features.
- Improve energy efficiency with better insulation or solar panels.
- Renovate bathroom for a more luxurious feel.
Description
Discover this beautifully renovated apartment in the desirable Riviera del Sol, a prime location in Spain's Costa del Sol. Perfect for both holiday rentals and year-round living, this Riviera del Sol apartment features two spacious bedrooms and a modern bathroom. The open-concept kitchen seamlessly connects to the bright living and dining area, creating a welcoming space ideal for relaxing or entertaining. Step outside onto a generous terrace boasting stunning sea views, perfect for enjoying the Mediterranean climate. A private balcony off the master bedroom adds extra outdoor space. Residents also have access to well-maintained communal gardens and a refreshing swimming pool, enhancing the property's appeal.
Strategically situated in Riviera del Sol, this property is just meters from popular bars, restaurants, supermarkets, and the pristine beaches of Spain’s Costa del Sol. Its prime location offers easy access to local amenities and the vibrant coastal lifestyle. Whether you're seeking a profitable investment in vacation rentals or a comfortable home in Spain, this Riviera del Sol apartment provides exceptional value.
Experience the best of Riviera del Sol living with this recently renovated apartment in Spain. Don't miss this opportunity to own a property in one of the most sought-after locations along Spain’s Mediterranean coast.
Location
Nightly rates in the area
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