You have reached your limit. Log in for unlimited access.
3
Bedrooms
2
Bathrooms
147 m²
Surface area
€
€2687
Price per m²
Apartment
Property type
+47 photos
Analysis
Price
€395.000
Own investment (30%)
€118.500
30% down payment of purchase price
Buyer costs
€39.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€737,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€122,50
{% 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
-€470,82
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€96,44
Municipal taxes for Riviera del Sol
Tax
(19%)
-€261,89
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.
Interested?
Log in now to contact the seller directly
Log inNightly Rates
Estimated nightly rate
€161,24
High season
€203
Mid season
€156,75
Low season
€124
Price determining factors
- Proximity to beaches and amenities: Enhances desirability.
- Views of golf course and Mediterranean Sea: Adds premium value.
- Community facilities: Pools, landscaped gardens, and parking increase attractiveness.
- Property condition: Move-in ready condition supports higher valuation.
- Potential for rental income: Attractive for short-term rentals, increasing investment appeal.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
11.31%
5 Year Return
56.55%
10 Year Return
113.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and fully furnished, which supports steady appreciation.
- Local market trends in 2027: Expected to be positive due to ongoing demand for holiday and retirement homes in Spain.
- Property type: Luxury penthouse duplex, which generally appreciates faster than standard apartments.
- Economic outlook in 2027: Likely stable or improving, supporting property value growth.
- Demographic developments: Increasing interest from retirees and expatriates, boosting demand.
- Infrastructure plans in 2027: Improvements in transportation and amenities in Riviera del Sol could enhance property values.
- Historical WOZ value trends: Consistent growth in property taxes indicating rising property values.
Possible improvements
- Adding a modern smart home system.
- Upgrading kitchen appliances and fixtures.
- Enhancing outdoor terraces with furniture or landscaping.
- Implementing energy-efficient upgrades like solar panels.
- Renovating bathrooms for a more contemporary look.
Description
Experience luxurious living in this stunning penthouse duplex in Riviera del Sol, Spain, offering spectacular open views of the golf course and Mediterranean Sea. Located in a prime front-line golf community, this property boasts two spacious, sun-drenched terraces with southwest orientation, perfect for enjoying sunny afternoons and breathtaking sunsets. The bright, meticulously maintained apartment features a smart layout with a luxurious master suite on the upper floor, complete with a private terrace and panoramic views. The main level includes two additional double bedrooms sharing a stylish bathroom, ideal for family or guests. The fully equipped kitchen with a separate laundry area can be seamlessly transformed into an open-plan space to suit your lifestyle. Comfort is assured with air conditioning in the living-dining area and master bedroom. Sold fully furnished, this Riviera del Sol penthouse offers move-in readiness, complemented by a private underground parking space and additional outdoor parking for a second vehicle within a gated community. Residents enjoy access to two exquisite communal pools set in beautifully landscaped gardens, creating a serene retreat. Located just an 8-minute drive from the beach and renowned Max Beach Club, this property provides easy access to the scenic seafront promenade connecting to La Cala de Mijas and Cabopino. Whether seeking a holiday retreat, permanent residence, or a lucrative investment opportunity with excellent rental potential (short-term rentals permitted), this Riviera del Sol penthouse duplex in Spain is an exceptional choice for discerning buyers.
Location
Nightly rates in the area
Questions? Chat with us!