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Apartment in Riviera del Sol, 3 bedrooms, 96 m² €340.000

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3
Bedrooms
2
Bathrooms
96 m²
Surface area
€
€3542
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 3 bedrooms, 96 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 3 bedrooms, 96 m² - Afbeelding 1
Apartment in Riviera del Sol, 3 bedrooms, 96 m² - Afbeelding 2
Apartment in Riviera del Sol, 3 bedrooms, 96 m² - Afbeelding 3
+17 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
-€80
Cleaning costs
-€333,33
Platform fees
-€470,82
Municipal taxes
-€84,75
Tax (19%)
-€291,70
Cashflow p.m.
Earned back in

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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 beaches, golf courses, and amenities increases desirability.
  • High demand for holiday rentals and second homes in Riviera del Sol.
  • Limited supply of similar quality apartments in the area.
  • Potential for value increase with scheduled maintenance and upgrades.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

14.63%

5 Year Return

73.15%

10 Year Return

146.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports value retention and growth.
  • Local market trends in 2027: Expected continued demand for properties in Riviera del Sol due to its popularity and amenities.
  • Property type: Apartments in a desirable complex tend to appreciate steadily, especially with amenities like pools and parking.
  • Economic outlook in 2027: Spain's economy is projected to grow moderately, supporting real estate appreciation.
  • Demographic developments: Increasing demand from families and holidaymakers enhances property value.
  • Infrastructure plans in 2027: Ongoing improvements in transport and local amenities are likely to boost property values.
  • Historical WOZ value trends: Consistent increases in property taxes indicate rising property values.

Possible improvements

  • Adding modern appliances and smart home features.
  • Upgrading kitchen and bathroom fixtures.
  • Enhancing outdoor spaces or balconies.
  • Implementing energy-efficient solutions to reduce utility costs.

Description

Discover this beautifully renovated three-bedroom, two-bathroom apartment in Riviera del Sol, Spain, situated on the second floor of a well-established complex. Perfectly positioned within Riviera Golf Park, this modern residence offers bright, spacious living areas with stylish finishes, making it an ideal home or investment opportunity in Riviera del Sol. Although the building does not have a lift, residents enjoy the convenience of underground parking and access to a lovely communal swimming pool, perfect for relaxing and enjoying the Mediterranean climate of Riviera del Sol, Spain. The location is highly sought after, with excellent schools nearby, easy access to local amenities, transport links, and leisure facilities, making it an excellent choice for families or holidaymakers. Scheduled for repainting in 2026, the complex ensures ongoing maintenance and value. This turnkey property provides fantastic value whether you're seeking a permanent residence, holiday home, or rental investment in Riviera del Sol, Spain. Don't miss the chance to own a piece of the Costa del Sol’s thriving real estate market with this exceptional apartment in Riviera del Sol.

Location

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