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Apartment in Selwo, 3 bedrooms, 87 m² €380.000

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3
Bedrooms
2
Bathrooms
87 m²
Surface area
€
€4368
Price per m²
Apartment
Property type
Apartment in Selwo, 3 bedrooms, 87 m² - Hoofdafbeelding
Apartment in Selwo, 3 bedrooms, 87 m² - Afbeelding 1
Apartment in Selwo, 3 bedrooms, 87 m² - Afbeelding 2
Apartment in Selwo, 3 bedrooms, 87 m² - Afbeelding 3
+19 photos

Analysis

Price
€380.000
Own investment (30%)
€114.000
Buyer costs
€38.000
Estimated nightly rate
€164,03
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€709,33
Maintenance costs
-€72,50
Cleaning costs
-€333,33
Platform fees
-€493,94
Municipal taxes
-€93,25
Tax (19%)
-€302,20
Cashflow p.m.
Earned back in

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Nightly 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

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