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Apartment in Riviera del Sol, 2 bedrooms, 98 m² €319.000

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2
Bedrooms
2
Bathrooms
98 m²
Surface area
€
€3255
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 2 bedrooms, 98 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 2 bedrooms, 98 m² - Afbeelding 1
Apartment in Riviera del Sol, 2 bedrooms, 98 m² - Afbeelding 2
Apartment in Riviera del Sol, 2 bedrooms, 98 m² - Afbeelding 3
+47 photos

Analysis

Price
€319.000
Own investment (30%)
€95.700
Buyer costs
€31.900
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€595,47
Maintenance costs
-€81,67
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€80,29
Tax (19%)
-€172,85
Cashflow p.m.
Earned back in

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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, golf courses, and amenities: High desirability increases property value.
  • Quality of local schools and healthcare: Enhances attractiveness for long-term residents.
  • Local development projects: New commercial centers or transportation links can boost property prices.
  • Tourism trends: High tourist influx supports rental income and property appreciation.

Comparable accommodations

Rate Hotel / apartment Distance
€133,60 An impressive beach house 1.9 km
€203 Casa Flores - Panoramic views, pool, tennis, BBQ 12.2 km
€132,40 Spectacular house on Carvajal Beach 13.1 km
€125,20 Picturesque Casita Mijas Pueblo 13.3 km
€166,80 Chariming and creative house 50m from the beach 8.9 km
€134,80 Cubo's Finca La Graciosa (Cubo's Farm) 18.6 km
€275,20 Casa Tetuan in old town Marbella, a manicured home 15.9 km
€186,80 Unique place with roof terrace in Old town 16.1 km
€116 Charming Sea Front Bungalow 23.4 km
€124,86 Sunny hillside casita in Guaro 21.8 km

Return & Value appreciation

Annual return

9.24%

5 Year Return

46.20%

10 Year Return

92.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained property enhances value appreciation.
  • Local market trends in 2027: Growing demand for holiday and retirement homes on Costa del Sol.
  • Property type: Apartments in resort communities tend to appreciate steadily due to amenities and location.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities support property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade flooring and fixtures to increase aesthetic value.
  • Improve outdoor spaces, such as balcony or terrace enhancements.
  • Add smart home features for convenience and modernity.
  • Enhance energy efficiency with new windows or insulation.

Description

Discover this stunning 2-bedroom, 2-bathroom apartment for sale in the sought-after Riviera del Sol area of Spain. Located in the exclusive Isla de Riviera urbanisation in Riviera del Sol, this well-appointed property combines comfort, convenience, and a vibrant lifestyle. Situated on the second floor, the apartment boasts a bright, airy ambiance with a spacious layout perfect for both permanent residence and holiday getaways. Features include a generous living-dining area, a fully equipped kitchen, two double bedrooms—highlighting a master with en-suite—and a private terrace ideal for enjoying the warm Mediterranean climate of Riviera del Sol, Spain. This property's key appeal lies in its access to an extensive range of resort-style amenities within the gated Isla de Riviera community. Residents can enjoy two outdoor swimming pools, a children’s paddling pool, a heated indoor pool, tennis and padel courts, a fully equipped gym, on-site restaurant and bar, lush tropical gardens, and secure gated access with private parking. Perfectly positioned just minutes from the beautiful beaches, golf courses, shopping, and dining options, this Riviera del Sol apartment offers an unbeatable location on the Costa del Sol. Whether you’re seeking a holiday retreat or a permanent home in Spain, this Riviera del Sol property combines exceptional amenities, strategic location, and a comfortable living space, making it an ideal choice for buyers looking for real estate in Riviera del Sol, Spain.

Location

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