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3
Bedrooms
3
Bathrooms
103 m²
Surface area
€
€4369
Price per m²
Apartment
Property type
+30 photos
Analysis
Price
€450.000
Own investment (30%)
€135.000
30% down payment of purchase price
Buyer costs
€45.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€170,39
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€840
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€85,83
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€505,31
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€108,12
Municipal taxes for Riviera del Sol
Tax
(19%)
-€284,27
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
€170,39
High season
€216
Mid season
€165,67
Low season
€131
Price determining factors
- Strong local demand for coastal properties, attractive lifestyle appeal, proximity to beaches and amenities.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €260,80 | Andalusian Villa with views, Pool, Garden & BBQ | 9.9 km |
| €185 | Villa La Guirnalda private pool/wifi/barbecue | 19.4 km |
| €164,40 | 3 Bed Accommodation with Pool | 6.2 km |
| €314 | Livita, Space, Above the beach, Cala de mijas | 4.2 km |
| €195,20 | Hacienda el Alamo | 14.1 km |
| €166,20 | Seaview house: Rooftop pool,gameroom, parking|REMS | 21.4 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 13.3 km |
| €217 | Fabulous Villa,private pool, stunning views,Malaga | 23.9 km |
| €210 | Beach House | 4.4 km |
| €84 | Paradise, sun and beach. Charming terrace. | 4.2 km |
Return & Value appreciation
Annual return
10.77%
5 Year Return
53.85%
10 Year Return
107.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent upgrades, enhancing value.
Possible improvements
- Adding modern smart home features.
- Upgrading kitchen appliances and finishes.
- Enhancing outdoor spaces with landscaping or additional furnishings.
- Implementing energy-efficient systems to reduce costs.
Description
Discover this stunning modern 3-bedroom apartment in Riviera del Sol, Spain, offering spectacular sea and mountain views within the prestigious Miraflores Mijas Costa urbanisation. Perfect as a family home or an investment opportunity, this property combines comfort, style, and prime location. Just 1.1 miles from Playa El Bombo - Cabo Rocoso and 1.2 miles from Playa de Calahonda - Rocas del Mar, residents enjoy easy access to beautiful beaches, shopping, dining, and local attractions. The urbanisation features a tennis club with multiple courts, lush gardens, and children’s playgrounds, making it ideal for families. This spacious apartment includes two modern bathrooms, a fully equipped kitchen, and a large living room with satellite TV. Step out onto the balcony furnished for outdoor relaxation and marvel at the panoramic sea and mountain vistas. Recent upgrades include new furniture, balcony furnishings, and flat-screen TVs in every room. The property benefits from air conditioning throughout, 24-hour security, an outdoor pool, and a dedicated children’s pool and playground. Located just a 17-minute walk to La Cala - La Butibamba Beach, six miles from La Cala Golf, and 13 miles from Plaza de España, this Riviera del Sol apartment offers an exceptional blend of leisure, convenience, and investment potential in Spain’s Costa del Sol region. Don't miss this opportunity to own a beautifully furnished apartment in one of Spain’s most sought-after coastal areas.
Location
Nightly rates in the area
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