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2
Bedrooms
2
Bathrooms
119 m²
Surface area
€
€2933
Price per m²
Apartment
Property type
+26 photos
Analysis
Price
€349.000
Own investment (30%)
€104.700
30% down payment of purchase price
Buyer costs
€34.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€651,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€99,17
{% 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
-€398,11
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€86,66
Municipal taxes for Selwo
Tax
(19%)
-€214,13
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
€126,46
High season
€167
Mid season
€123,92
Low season
€104
Price determining factors
- Proximity to beaches, golf courses, and amenities.
- Quality of community facilities like pools and green areas.
- Modern refurbishment and stylish interiors.
- Potential for rental income from tourism and short-term rentals.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €143,80 | Bungalow 50 meters from the sea with three terraces. | 2.1 km |
| €208,80 | Casa MÍA - Villacana - on the beach with pool view | 3.4 km |
| €93,20 | Casa La Portada | 6.8 km |
| €139 | Casa Relajante - big summer garden | 8.5 km |
| €181,60 | Casa Victoria | 10.5 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 10.8 km |
| €171,80 | Luxury Oasis at Alcazaba Lagoon | 13.7 km |
| €298,60 | Superb Townhouse in Golden Mile | 14.0 km |
| €142,80 | Casa de Luz | 16.9 km |
| €153 | Charming, quiet Andalusian Townhouse | 17.9 km |
Return & Value appreciation
Annual return
10.46%
5 Year Return
52.30%
10 Year Return
104.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Recently renovated interiors increase appeal and value.
- Local market trends in 2027: Growing demand for properties in Estepona due to tourism and expatriate influx.
- Property type: Ground-floor apartments with private terraces are highly desirable.
- Economic outlook in 2027: Stable to positive, supporting real estate growth.
- Demographic developments: Increasing number of retirees and expatriates seeking holiday or permanent homes.
- Infrastructure plans in 2027: Improvements in transportation and amenities enhance property value.
- Historical WOZ value trends: Consistent appreciation in property taxes indicating rising property values.
Possible improvements
- Adding a modernized kitchen or bathroom upgrades.
- Installing smart home technology.
- Enhancing outdoor spaces with landscaping or outdoor furniture.
- Upgrading fixtures and fittings to premium quality.
Description
Discover this stunning renovated ground-floor apartment in the highly desirable Sunset Golf urbanization, located in Selwo, Spain. Perfectly positioned in Estepona's vibrant community, this modern property offers an excellent opportunity for both living and investment in Selwo, Spain. Boasting a bright, open-plan design, the apartment features two spacious bedrooms and two contemporary bathrooms, complemented by a stylish living area that seamlessly connects to a private terrace. The terrace provides an ideal space for outdoor dining and relaxing, while access to a private solarium enhances your outdoor living experience with additional sunbathing and entertainment options. Recently refurbished, the apartment showcases a sleek, modern finish throughout, including a fully equipped kitchen and updated interiors that create an inviting atmosphere. Residents benefit from a private underground parking space and access to gated community amenities, including a communal swimming pool and well-maintained green areas, ensuring security and tranquility year-round. Located just a short drive from Estepona's beautiful beaches, golf courses, top-rated schools, and vibrant restaurants, this Selwo apartment offers an unbeatable combination of convenience and lifestyle. Whether seeking a permanent residence or a profitable investment in Selwo, Spain, this property stands out as an exceptional choice. Contact us today to learn more or schedule a viewing of this prime Selwo apartment in Spain.
Location
Nightly rates in the area
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