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4
Bedrooms
2
Bathrooms
229 m²
Surface area
€
€1742
Price per m²
Apartment
Property type
+18 photos
Analysis
Price
€399.000
Own investment (30%)
€119.700
30% down payment of purchase price
Buyer costs
€39.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€157,29
Expected occupancy rate
46%
Gross rental p/m
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€0000
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Mortgage costs
-€744,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€190,83
{% 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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€330,11
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€97,29
Municipal taxes for Sotogrande Alto
Tax
(19%)
-€87,92
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
€157,29
High season
€260
Mid season
€154,17
Low season
€69
Price determining factors
- Proximity to amenities such as supermarkets, schools, and recreational areas.
- Desirability of Sotogrande Alto as a luxury residential area.
- Accessibility and transportation links.
- Local property market dynamics and supply-demand balance.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
3.76%
5 Year Return
18.80%
10 Year Return
37.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property appears to be in good condition but may benefit from updates to modernize and enhance appeal.
- Local market trends in 2027: The Sotogrande area is expected to maintain its high-end appeal, with steady demand for luxury properties.
- Property type: Apartments in prestigious areas tend to appreciate steadily due to limited supply and high demand.
- Economic outlook in 2027: Spain's economy is projected to grow moderately, supporting real estate appreciation.
- Demographic developments: An influx of affluent buyers and expatriates could increase demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities could boost property values.
- Historical WOZ value trends: Historically, WOZ values in Sotogrande have shown stable growth, reflecting consistent demand.
Possible improvements
- Renovate and modernize the kitchen and bathrooms.
- Enhance outdoor spaces, such as the terrace and garden areas.
- Upgrade fixtures and fittings to contemporary standards.
- Improve energy efficiency with new windows, insulation, or solar panels.
Description
Discover this spacious two-story apartment in the prestigious Sotogrande Alto, Spain, offering an ideal blend of comfort and convenience. Situated in the desirable Urbanization the Encinar de Sotogrande, this property features a large corner garage with ample storage on the ground floor. Access to the main living areas is through an external staircase leading to a welcoming entrance porch. The first floor boasts a bright, open-plan living room with a cozy fireplace, a modern kitchen with a separate laundry area, and a covered terrace overlooking lush gardens and fruit trees — perfect for relaxing or entertaining.
Upstairs, the master suite includes an en suite bathroom, dressing room, and direct access to a private terrace. The additional three bedrooms share four well-appointed bathrooms, providing ample space for family and guests. The urbanization offers beautifully maintained green common areas and guest parking, enhancing the property's appeal.
Located near the Encinar hotel and Marisol shopping center, this Sotogrande Alto apartment provides easy access to supermarkets, pharmacies, educational centers, banks, and a variety of restaurants and cafes. This prime location ensures a practical and comfortable lifestyle in one of Spain’s most sought-after residential areas. Whether you're seeking a permanent home or a luxurious investment in Sotogrande Alto, this property combines elegance, functionality, and unbeatable location.
Location
Nightly rates in the area
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