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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€4000
Price per m²
Apartment
Property type
+19 photos
Analysis
Price
€480.000
Own investment (30%)
€144.000
30% down payment of purchase price
Buyer costs
€48.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€164,03
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€896
This is the monthly interest you pay for the mortgage
(3.2% interest)
Maintenance costs
-€100
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
-€493,94
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€114,50
Municipal taxes for Selwo
Tax
(19%)
-€257,47
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.
Nightly Rates
Estimated nightly rate
€164,03
High season
€220
Mid season
€160,58
Low season
€130
Price determining factors
- Location in Selwo Hills: Desirable area with scenic views.
- Amenities: Access to swimming pool and paddle court enhances value.
- Property size and terrace: Spacious with large terrace for outdoor living.
- Condition of property: Modern and well-maintained, appealing to buyers and renters.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 21.6 km |
| €185 | Entire House with Terrace in Marbella | 14.6 km |
| €382,40 | Three bed house with pool 50 metres from the beach | 10.1 km |
| €175 | Chic 3BR Townhouse on the Beach + Pool + Parking | 4.3 km |
| €140,40 | TOWNHOUSE Old Town Marbella Large Rooftop Terr! A | 18.4 km |
| €281,20 | Ocean Front Villa w/Private Pool | 4.3 km |
| €421 | Calm Villa · Private Infinity Pool | 15.0 km |
| €159,80 | Lucia's home, beach and mountains. | 16.9 km |
| €294,40 | Villa with pool near the beach for families | 3.7 km |
| €195,20 | Justine's Houses - Casa Carmen | 21.1 km |
Return & Value appreciation
Annual return
6.86%
5 Year Return
34.30%
10 Year Return
68.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern interiors, good overall condition.
- Local market trends in 2027: Expected growth driven by tourism and regional development.
- Property type: Popular apartment type in a desirable location.
- Economic outlook in 2027: Positive, with steady economic growth in Spain.
- Demographic developments: Increasing demand from expatriates and retirees.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities.
- Historical WOZ value trends: Consistent increase, indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade fixtures and fittings to increase luxury feel.
- Enhance outdoor space with landscaping or additional features.
- Add smart home technology for modern convenience.
Description
Discover this stunning top-floor 3-bedroom apartment in Selwo Hills, Spain, offering a perfect blend of modern comfort and breathtaking open views. This well-appointed property features a spacious 55m2 terrace, ideal for enjoying sunny days and private evenings with scenic vistas. Situated in a secure urbanization, residents have access to a large, meticulously maintained swimming pool and a paddle court, making it perfect for leisure and recreation.
Location
Similar properties in Selwo
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