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2
Bedrooms
2
Bathrooms
91 m²
Surface area
€
€4121
Price per m²
Apartment
Property type
+23 photos
Analysis
Price
€375.000
Own investment (30%)
€112.500
30% down payment of purchase price
Buyer costs
€37.500
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
-€700
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€75,83
{% 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
-€92,19
Municipal taxes for Riviera del Sol
Tax
(19%)
-€151,84
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, Marbella, and Malaga Airport.
- Sea views and large terrace appeal.
- Community amenities and local infrastructure.
- Potential for modernization and upgrades.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
6.90%
5 Year Return
34.50%
10 Year Return
69.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with potential for upgrades.
- Local market trends in 2027: Expected growth due to tourism and expatriate demand.
- Property type: High-demand luxury penthouse with sea views.
- Economic outlook in 2027: Positive, driven by tourism, real estate, and regional development.
- Demographic developments: Increasing expatriate and retiree populations.
- Infrastructure plans in 2027: Improvements in transport, amenities, and connectivity.
- Historical WOZ value trends: Steady increase reflecting property appreciation.
Possible improvements
- Modernize the kitchen and bathrooms.
- Upgrade interior finishes for a more luxurious feel.
- Enhance outdoor living spaces with furniture and landscaping.
- Install energy-efficient systems to reduce costs.
Description
Discover this stunning 2-bedroom, 2-bathroom penthouse in Riviera del Sol, Spain, offering an expansive 150m2 wrap-around terrace with breathtaking panoramic sea views. Located in the heart of the Costa del Sol, this luxurious Riviera del Sol penthouse provides the perfect blend of comfort and convenience, just a 15-minute drive from Marbella and 25 minutes from Malaga Airport. Accessible via a private lift from a spacious underground parking space, the property features an inviting entrance hall that leads into a bright lounge with a cozy fireplace and large patio doors opening onto the enormous terrace—ideal for outdoor living and entertaining. The well-sized kitchen, with a side window, is ready for a modern upgrade to a luxury finish, offering great potential for personalization. The master bedroom boasts fitted wardrobes, sea views, and direct access to the terrace, complemented by a spacious en-suite bathroom. The second double bedroom also enjoys sea views and terrace access, along with a family bathroom. Elegant marble floors throughout enhance the property’s appeal. Situated just minutes from local amenities including shops, restaurants, supermarkets, a golf course, and a health centre, this Riviera del Sol penthouse is perfectly positioned on the Costa del Sol coast. The vibrant beach town of La Cala de Mijas is only a 7-minute drive away. Community charges are approximately €70 per month, with annual IBI taxes around €582. Experience the epitome of seaside living in this exceptional Riviera del Sol property—your ideal Costa del Sol home awaits.
Location
Nightly rates in the area
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