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Apartment in Riviera del Sol, 3 bedrooms, 89 m² €340.000

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3
Bedrooms
2
Bathrooms
89 m²
Surface area
€
€3820
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 3 bedrooms, 89 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 3 bedrooms, 89 m² - Afbeelding 1
Apartment in Riviera del Sol, 3 bedrooms, 89 m² - Afbeelding 2
Apartment in Riviera del Sol, 3 bedrooms, 89 m² - Afbeelding 3
+28 photos

Analysis

Price
€340.000
Own investment (30%)
€102.000
Buyer costs
€34.000
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€634,67
Maintenance costs
-€74,17
Cleaning costs
-€333,33
Platform fees
-€470,82
Municipal taxes
-€84,75
Tax (19%)
-€292,80
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€161,24
High season
€203
Mid season
€156,75
Low season
€124

Price determining factors

  • Proximity to Marbella and Malaga increases desirability.
  • Amenities such as communal pool and gardens add value.
  • Furnishing and modern features attract buyers and renters.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

14.69%

5 Year Return

73.45%

10 Year Return

146.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and modern, which supports steady appreciation.
  • Local market trends in 2027: Expected growth due to increasing demand for Mediterranean properties.
  • Property type: Apartments tend to have stable appreciation, especially in desirable locations.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe, supporting real estate investments.
  • Demographic developments: Growing expatriate and retiree populations increasing demand.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities enhancing property value.
  • Historical WOZ value trends: Consistent upward trend indicating increasing property values.

Possible improvements

  • Renovate kitchen and bathrooms for a more modern look.
  • Upgrade air conditioning system for increased energy efficiency.
  • Add smart home features to appeal to tech-savvy buyers.
  • Improve outdoor space with landscaping or outdoor furniture.

Description

Experience the best of Riviera del Sol, Spain, with this stunning corner apartment that combines comfort, style, and convenience. Located just minutes from the vibrant Miraflores area, this 117 m² property offers a perfect retreat for those seeking a sophisticated lifestyle in Riviera del Sol. Featuring three spacious bedrooms with built-in wardrobes and two modern bathrooms, this home maximizes space and functionality. The fully equipped kitchen includes a practical laundry area, ideal for busy lifestyles. Step outside to the south-east facing terrace, perfect for enjoying sunny mornings and relaxing evenings amidst the beautiful Mediterranean climate of Riviera del Sol, Spain. Furnished and equipped with central air conditioning, this apartment ensures year-round comfort. Additional amenities include a private parking space and a storage room, providing extra convenience. Situated within a desirable residential complex, residents can indulge in the communal pool and lush gardens, perfect for outdoor leisure and social gatherings. Built in 2004 and well-maintained, this elevator-access home offers modern comfort in a prime Riviera del Sol location just 3 minutes by car from the highway linking to Marbella and Malaga. This property in Riviera del Sol, Spain, presents an excellent opportunity for investors and homeowners alike to enjoy the Mediterranean lifestyle. Don’t miss out on this exceptional real estate offering—schedule your viewing today and discover your dream home in Riviera del Sol, Spain.

Location

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