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3
Bedrooms
2
Bathrooms
115 m²
Surface area
€
€4861
Price per m²
Apartment
Property type
+47 photos
Analysis
Price
€559.000
Own investment (30%)
€167.700
30% down payment of purchase price
Buyer costs
€55.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,15
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage costs
-€1.043,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€95,83
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
-€470,56
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€131,29
Municipal taxes for Riviera del Sol
Tax
(19%)
-€201,89
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
€161,15
High season
€204
Mid season
€156,42
Low season
€124
Price determining factors
- Proximity to beaches and scenic views: Enhances desirability and price.
- Modern renovations and amenities: Justifies premium pricing.
- Connectivity and accessibility: Close to Malaga, Fuengirola, and public transport increases value.
- Local development projects: New commercial centers or infrastructure can raise property prices.
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
4.62%
5 Year Return
23.10%
10 Year Return
46.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property appears renovated and modern, which can attract higher rental yields and appreciation.
- Local market trends in 2027: The Costa del Sol region has shown consistent growth due to tourism and expatriate demand.
- Property type: Penthouse apartments tend to appreciate faster due to exclusivity and views.
- Economic outlook in 2027: Spain's economy is expected to recover and grow, supporting real estate appreciation.
- Demographic developments: Increasing expatriate and retiree populations in the region boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property values.
- Historical WOZ value trends: Past trends indicate steady appreciation, especially in prime coastal locations.
Possible improvements
- Adding a hot tub or jacuzzi on the terrace.
- Upgrading kitchen appliances and finishes.
- Installing smart home technology.
- Enhancing outdoor living spaces with furniture or landscaping.
- Improving energy efficiency with solar panels or better insulation.
Description
Discover this stunning penthouse for sale in Riviera del Sol, Spain, an ideal coastal retreat on the Costa del Sol. Situated within a secure gated community, this modern apartment offers access to a communal pool and beautifully landscaped gardens, creating a serene environment perfect for relaxation and outdoor living. Located just 17 km from Málaga city center, this Riviera del Sol property provides excellent connectivity to shopping centers, supermarkets, sports facilities, schools, healthcare centers, and public transportation, including nearby bus stops, the Fuengirola train station, and Plaza Mayor. The spacious 115 m² penthouse features three bedrooms with built-in wardrobes, two bathrooms (including an en suite), a separate kitchen, and a generous living-dining area that opens onto a large 22 m² terrace. Large windows and glass doors frame panoramic 360º sea views, allowing you to enjoy the Mediterranean climate year-round from the comfort of your home. The residence is situated on a private wing of the building, offering exclusive tranquility and privacy. Perfect for both residential living and investment, this renovated, brand-new penthouse combines modern comfort with breathtaking coastal scenery. Its prime location in Riviera del Sol, with easy access to Marbella, Fuengirola, and nearby beaches such as Torre Nueva, makes it an exceptional opportunity for those seeking a peaceful yet well-connected home on the Costa del Sol. Don’t miss the chance to own this exceptional Riviera del Sol property—your perfect seaside retreat in Spain awaits.
Location
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