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Apartment in Riviera del Sol, 4 bedrooms, 99 m² €650.000

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4
Bedrooms
2
Bathrooms
99 m²
Surface area
€
€6566
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 4 bedrooms, 99 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 4 bedrooms, 99 m² - Afbeelding 1
Apartment in Riviera del Sol, 4 bedrooms, 99 m² - Afbeelding 2
Apartment in Riviera del Sol, 4 bedrooms, 99 m² - Afbeelding 3
+20 photos

Analysis

Price
€650.000
Own investment (30%)
€195.000
Buyer costs
€65.000
Estimated nightly rate
€225,49
Expected occupancy rate
50%
Gross rental p/m
€0000
Mortgage costs
-€1.213,33
Maintenance costs
-€82,50
Cleaning costs
-€375
Platform fees
-€514,40
Municipal taxes
-€150,62
Tax (19%)
-€207,76
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€225,49
High season
€327
Mid season
€226,75
Low season
€161

Price determining factors

  • Proximity to the sea and scenic views: Enhances desirability.
  • Community amenities: Pool, gardens, security add value.
  • Location within Riviera del Sol: Close to amenities, transport, and entertainment.
  • Property size and layout: Spacious with a large terrace, attractive for buyers and renters.

Comparable accommodations

Rate Hotel / apartment Distance
€241,40 Casa Tranquila (Quiet House) La Cala de Mijas 2.8 km
€247 Ayma Ocean View 4.8 km
€212,60 Modern house with panoramic ocean views in Alya 2.3 km
€210,60 Lovely townhouse with private pool 11.5 km
€427,60 Heated pool / Premium Spanish villa / Sea views 11.7 km
€477,43 Impressive VILLA Dazura in Valtocado. MIJAS 12.2 km
€249,80 Stylish Villa París - Heated Pool 14.4 km
€291 Spacious 4-Bedroom Townhouse 3 min from the Beach 16.8 km
€377,40 Villa Lola with pool, private oasis 24.6 km
€296 Calahonda, Villa La Palma 1.6 km

Return & Value appreciation

Annual return

4.09%

5 Year Return

20.45%

10 Year Return

40.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, which supports value appreciation.
  • Local market trends in 2027: Expected growth in demand for coastal properties on Costa del Sol due to tourism and expatriate influx.
  • Property type: Penthouse apartments tend to appreciate faster due to exclusivity and views.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe, boosting real estate investments.
  • Demographic developments: Increasing number of retirees and expatriates seeking coastal living.
  • Infrastructure plans in 2027: Ongoing improvements in transport, healthcare, and leisure facilities in Riviera del Sol.
  • Historical WOZ value trends: Consistent increase in property values in the region over the past decade.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade flooring and fixtures to increase luxury perception.
  • Enhance outdoor space with landscaping or outdoor furniture.
  • Install energy-efficient systems to reduce utility costs.

Description

Discover this stunning penthouse in Riviera del Sol, Spain, offering an exceptional opportunity to own a spacious coastal property on the Costa del Sol. This beautifully maintained 4-bedroom, 2-bathroom penthouse provides 99 square meters of elegant living space complemented by a generous 23-square-meter terrace, perfect for enjoying the Mediterranean climate. Located close to the sea and town, this Riviera del Sol penthouse combines convenience with luxury, featuring south-west and north-west orientations to maximize natural light and scenic views. The property boasts a fully fitted kitchen, built-in wardrobes, and double glazing for comfort and energy efficiency. Situated within a secure gated community, residents have access to communal gardens and a communal swimming pool, ideal for relaxation and leisure. While parking is available on the street, the prime location ensures easy access to transport links, shopping, and entertainment options. Whether you’re seeking a permanent residence or a holiday retreat, this Riviera del Sol penthouse in Spain offers an excellent investment opportunity in the highly desirable Costa del Sol region. Don't miss the chance to own a piece of paradise on Spain’s famous coast, combining modern amenities with breathtaking sea and garden views.

Location

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