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3
Bedrooms
2
Bathrooms
189 m²
Surface area
€
€2090
Price per m²
Apartment
Property type
+28 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
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€0000
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Mortgage costs
-€737,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€157,50
{% 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%)
-€255,24
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
€161,24
High season
€203
Mid season
€156,75
Low season
€124
Price determining factors
- Proximity to beaches, golf courses, and amenities increases desirability.
- Modern finishes and private outdoor spaces add value.
- Community features like landscaped gardens and pool enhance attractiveness.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
11.02%
5 Year Return
55.10%
10 Year Return
110.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value retention and appreciation.
- Local market trends in 2027: Expected growth in demand for holiday and permanent residences in Costa del Sol due to tourism and expatriate influx.
- Property type: Duplex apartment in a desirable location with sea views, appealing to both investors and residents.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, likely boosting property values.
- Demographic developments: Increasing expatriate and retiree populations seeking coastal properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and local services enhancing property appeal.
- Historical WOZ value trends: Consistent appreciation in property taxes indicating rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures to modern standards.
- Enhance outdoor spaces with additional landscaping or outdoor furniture.
- Install smart home technology for added convenience.
- Improve energy efficiency with solar panels or better insulation.
Description
Discover this stunning ground floor duplex apartment for sale in Riviera del Sol, Spain, offering exceptional sea, pool, and garden views. This beautifully renovated, spacious property features two terraces, a private garden, and modern finishes throughout. Located in a tranquil corner of a well-maintained community, the apartment provides a perfect blend of comfort and convenience. The entry-level boasts a welcoming hallway, a large lounge and dining area, a fully equipped contemporary kitchen, and a versatile double bedroom currently used as an office. A stylish bathroom and a generous terrace with panoramic sea, garden, and pool vistas complete this level. Descending to the lower floor reveals another double bedroom, a master suite with an ensuite bathroom, and an additional terrace with breathtaking views. The private garden is a lush retreat with grass, fruit trees, and a laundry area, ideal for outdoor living. The property features elegant parquet flooring throughout, excluding bathrooms and kitchen, and includes a 6m² storage room. Situated within an impeccably maintained community, residents enjoy beautifully landscaped gardens, subtropical flora, expansive lawns, and a stunning swimming pool. Perfectly suited for permanent family living, holiday rentals, or investment, this Riviera del Sol property allows short-term rentals and is just a short drive from golf courses, tennis clubs, restaurants, shops, and beaches. With a built area of 188m² and community fees of €81 per month, this modern apartment offers an exceptional opportunity to own a premier residence in the Costa del Sol, Spain.
Location
Nightly rates in the area
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