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3
Bedrooms
2
Bathrooms
87 m²
Surface area
€
€4368
Price per m²
Apartment
Property type
+19 photos
Analysis
Price
€380.000
Own investment (30%)
€114.000
30% down payment of purchase price
Buyer costs
€38.000
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
-€709,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€72,50
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€493,94
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€93,25
Municipal taxes for Selwo
Tax
(19%)
-€302,20
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
€164,03
High season
€220
Mid season
€160,58
Low season
€130
Price determining factors
- Proximity to beaches, amenities, and transport links.
- Quality of communal facilities like pool and gardens.
- Property features such as private garden and terrace.
- Condition of the property and modern amenities.
- Market demand for holiday rentals and investment properties.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
13.56%
5 Year Return
67.80%
10 Year Return
135.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern features enhances value.
- Local market trends in 2027: Expected growth due to tourism and expatriate demand.
- Property type: Apartments in high-demand holiday and investment areas tend to appreciate.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone supports property appreciation.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transport and amenities support property values.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade flooring or add smart home features.
- Enhance outdoor spaces with landscaping.
- Improve energy efficiency with solar panels or insulation.
- Add additional storage or parking options.
Description
Discover this charming ground floor apartment in Selwo, Spain, a perfect investment opportunity or holiday home on the Costa del Sol. Featuring 3 spacious bedrooms and 2 modern bathrooms, this property offers 87 m² of comfortable living space complemented by a generous 40 m² terrace and a private 35 m² garden. Situated in a well-maintained urbanisation close to local schools and amenities, the apartment boasts south and southwest orientations that maximize natural sunlight throughout the day. Its good condition and contemporary features include marble flooring, fitted wardrobes, a fully equipped kitchen, and fiber optic connectivity. Climate control is enhanced with air conditioning, hot and cold A/C, and a cozy fireplace, ensuring comfort year-round. The property offers stunning views of the communal garden, swimming pool, and the vibrant urban surroundings. Additional features include a covered terrace, private terrace, lift access, gated security, entry phone, alarm system, and private parking. Located in Selwo, Spain, this apartment is ideal for those seeking a peaceful yet convenient lifestyle, with proximity to transport links and recreational facilities. The communal amenities include a beautiful pool and lush gardens, making it perfect for relaxing or entertaining. Whether you're looking for a holiday retreat, an investment property, or a resale opportunity on the Costa del Sol, this Selwo apartment combines comfort, security, and scenic views in a prime location in Spain.
Location
Nightly rates in the area
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