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3
Bedrooms
2
Bathrooms
93 m²
Surface area
€
€3538
Price per m²
Apartment
Property type
+38 photos
Analysis
Price
€329.000
Own investment (30%)
€98.700
30% down payment of purchase price
Buyer costs
€32.900
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
-€614,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€77,50
{% 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
-€82,41
Municipal taxes for Riviera del Sol
Tax
(19%)
-€296,52
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.
- Scenic views and outdoor space add value.
- Accessibility despite no lift is mitigated by proximity to street level.
- Potential for renovation or upgrades to increase value.
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
15.37%
5 Year Return
76.85%
10 Year Return
153.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern decor, which can attract tenants or buyers.
- Local market trends in 2027: Expected steady growth due to increasing popularity of Costa del Sol as a holiday and retirement destination.
- Property type: Apartment in a desirable location with scenic views, appealing to a broad market.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, supporting property appreciation.
- Demographic developments: Growing expatriate and retiree population seeking properties in Costa del Sol.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities, enhancing property value.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Adding modern kitchen and bathroom fixtures.
- Installing a lift or stairlift for easier access.
- Upgrading flooring and finishes for a more contemporary look.
- Enhancing outdoor space with landscaping or furniture.
Description
Discover this stunning 3-bedroom, 2-bathroom apartment for sale in Riviera del Sol, Spain, an ideal investment for those seeking a peaceful Costa del Sol retreat. This spacious property features a generous south and west-facing covered terrace with breathtaking open green views overlooking the Miraflores golf course and lush gardens. Perfectly situated in a tranquil yet convenient location, this Riviera del Sol apartment is just a short drive from the charming beach village of La Cala de Mijas and the vibrant amenities of Riviera del Sol. Although the building lacks a lift, the apartment is easily accessible, located only 8 steps from street level, with an entrance from the back street between the second and third floors. Situated only 700 meters from Miraflores Golf Club and 800 meters from supermarkets and restaurants, this property offers exceptional convenience. The stunning Playa El Bombo in La Cala village is just 1.5 km away, with popular beach clubs like Max Beach and El Oceano within a 5-minute drive. Whether you're looking for a permanent residence or a holiday paradise on the Costa del Sol, this Riviera del Sol apartment provides a perfect blend of comfort, location, and scenic beauty. Don’t miss the opportunity to own this exceptional property in Riviera del Sol, Spain—your gateway to the best of Costa del Sol living.
Location
Nightly rates in the area
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