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2
Bedrooms
2
Bathrooms
94 m²
Surface area
€
€4521
Price per m²
Apartment
Property type
+13 photos
Analysis
Price
€425.000
Own investment (30%)
€127.500
30% down payment of purchase price
Buyer costs
€42.500
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
-€793,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€78,33
{% 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
-€102,81
Municipal taxes for Valle Romano
Tax
(19%)
-€188,07
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 and amenities: Close access to Cristo Beach Cove and local amenities increases desirability.
- Community facilities: Access to pools, gyms, and outdoor spaces adds value.
- Property condition: The new condition of the apartment supports higher valuation.
- Local development projects: Planned infrastructure and tourism developments will likely increase property prices.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
7.55%
5 Year Return
37.75%
10 Year Return
75.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property appears new and well-maintained, which supports value appreciation.
- Local market trends in 2027: The Costa del Sol region is expected to continue its popularity among tourists and expatriates, boosting property demand.
- Property type: Apartments in a desirable community tend to appreciate steadily, especially with amenities and location.
- Economic outlook in 2027: Spain's economy is projected to grow moderately, supporting real estate investments.
- Demographic developments: Increasing expatriate and retiree populations in Costa del Sol will likely sustain demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities will enhance property values.
- Historical WOZ value trends: Past trends indicate steady growth, reflecting a resilient market.
Possible improvements
- Adding a modern kitchen or appliances.
- Enhancing outdoor space with landscaping or furniture.
- Installing smart home technology.
- Upgrading fixtures and finishes for a more luxurious feel.
Description
Discover this stunning brand new garden apartment in Valle Romano, Spain—an ideal choice for investors and homebuyers seeking a modern, luxurious residence in the sought-after Costa del Sol region. This recently completed two-bedroom property offers a private garden and spacious terrace, perfect for outdoor living. The master bedroom features an en-suite shower room, while the second bedroom and guest bathroom provide additional comfort. An open-plan living, dining, and kitchen area, fully equipped with appliances, seamlessly integrates indoor and outdoor living spaces, leading onto a covered terrace overlooking the private garden. The apartment includes underground parking and a storage room for added convenience. Located within the vibrant Valle Romano community, residents enjoy access to excellent amenities such as a communal swimming pool, indoor gymnasium, outdoor exercise areas, and a children’s playground. Valle Romano is renowned for its world-class golf course, a stylish clubhouse with a restaurant, and local dining options including pizzerias and tapas bars. Just minutes from the pristine Cristo Beach Cove, residents can enjoy sunbathing, dining, and scenic walks along the promenade. The charming Spanish town of Estepona, with its traditional Old Town, lively port, and diverse culinary scene, is also nearby. This Valle Romano property in Spain presents an exceptional opportunity to own a modern, well-equipped apartment in a prime coastal location—perfect for enjoying the Mediterranean lifestyle and investing in Spain’s thriving real estate market.
Location
Nightly rates in the area
Questions? Chat with us!