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2
Bedrooms
2
Bathrooms
84 m²
Surface area
€
€2798
Price per m²
Apartment
Property type
+20 photos
Analysis
Price
€235.000
Own investment (30%)
€70.500
30% down payment of purchase price
Buyer costs
€23.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€88,09
Expected occupancy rate
58%
Gross rental p/m
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€0000
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Mortgage costs
-€438,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€70
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€233,11
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€62,44
Municipal taxes for Santiago De La Ribera
Tax
(19%)
-€87,05
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
€88,09
High season
€111
Mid season
€84,67
Low season
€62
Price determining factors
- Property condition: Modern and new construction enhances value.
- Local market trends in 2027: Positive demand trends in coastal Spain.
- Property type: Apartments are popular among investors and residents.
- Economic outlook in 2027: Economic stability and growth prospects.
- Demographic developments: Increasing tourism and local population.
- Infrastructure plans in 2027: Upgrades to transport, services, and amenities.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €140,40 | Entire Bungalow style villa in La Manga Club | 21.0 km |
| €43,40 | Cozy house in Los Nietos a short walk from the beach | 15.7 km |
| €170,20 | Relaxation on the Costa Calida | 4.7 km |
| €116 | Villa with private pool | 4.8 km |
| €146,20 | Villa with sea views | 17.0 km |
| €75,33 | with fantastic views of the orange orchard! | 20.6 km |
| €112 | Luxury and Modern Penthouse + Roof Terrace with Sea View | 18.9 km |
| €96,40 | Rooftop Sea Views · Quiet Gated Community · Pools | 14.9 km |
| €94,80 | Apartment with Roof Terrace and Heated Pool | 21.5 km |
| €86,80 | Mar & Relax | 15.8 km |
Return & Value appreciation
Annual return
6.32%
5 Year Return
31.60%
10 Year Return
63.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property appears modern and well-maintained, which supports value retention and appreciation.
- Local market trends in 2027: The coastal location and tourism appeal suggest steady demand and potential growth.
- Property type: Apartments in a new development tend to appreciate as the area develops.
- Economic outlook in 2027: Spain's economy has been recovering, which supports real estate growth.
- Demographic developments: Growing population and tourism in Santiago de la Ribera can boost property values.
- Infrastructure plans in 2027: Planned improvements in transport and amenities can increase desirability.
Possible improvements
- Adding smart home features for modern appeal.
- Upgrading kitchen appliances and fixtures.
- Enhancing outdoor spaces or terraces.
- Implementing energy-efficient systems to reduce utility costs.
- Decorative upgrades to increase aesthetic appeal.
Description
Discover exceptional new apartments for sale in Santiago de la Ribera, Spain, offering modern living spaces in a prime coastal location. These newly constructed apartments blend contemporary design with comfort, featuring spacious terraces, stylish open-plan kitchens, and bright, functional layouts. Each home boasts generous bedrooms with built-in wardrobes and seamless flow onto private terraces overlooking lush gardens and a sparkling community pool, perfect for relaxation or entertaining. Secure parking options include spacious outdoor lots, underground garages, and storage facilities, enhancing convenience for residents. Located in the heart of Santiago de la Ribera, these apartments provide easy access to sandy beaches, vibrant marinas, and a range of local amenities. Santiago de la Ribera, part of the Costa Cálida region in Spain, is renowned for its stunning Mediterranean coastline, lively atmosphere, and excellent transport links. Whether you're seeking a holiday retreat, a permanent residence, or an investment opportunity, these new apartments in Santiago de la Ribera deliver an ideal blend of coastal living, modern comforts, and cultural richness. Don’t miss the chance to own a piece of Spain’s sun-drenched Mediterranean paradise.
Location
Nightly rates in the area
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