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House in Las Chapas, 3 bedrooms, 200 m² €790.000

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3
Bedrooms
3
Bathrooms
200 m²
Surface area
€3950
Price per m²
House
Property type
House in Las Chapas, 3 bedrooms, 200 m² - Hoofdafbeelding
House in Las Chapas, 3 bedrooms, 200 m² - Afbeelding 1
House in Las Chapas, 3 bedrooms, 200 m² - Afbeelding 2
House in Las Chapas, 3 bedrooms, 200 m² - Afbeelding 3
+32 photos

Analysis

Price
€790.000
Own investment (30%)
€237.000
Buyer costs
€79.000
Estimated nightly rate
€197,62
Expected occupancy rate
74%
Gross rental p/m
€0000
Mortgage costs
-€1.474,67
Maintenance costs
-€166,67
Cleaning costs
-€333,33
Platform fees
-€667,22
Municipal taxes
-€163,02
Tax (19%)
-€312,21
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€197,62
High season
€242
Mid season
€195,58
Low season
€163

Price determining factors

  • Proximity to beaches and Marbella, increasing desirability.
  • Potential for expansion and customization, adding value.
  • High demand for coastal properties in Spain.
  • Limited supply of similar properties in prime locations.

Comparable accommodations

Rate Hotel / apartment Distance
€260,80 Andalusian Villa with views, Pool, Garden & BBQ 25.2 km
€185 Villa La Guirnalda private pool/wifi/barbecue 19.5 km
€166,20 Seaview house: Rooftop pool,gameroom, parking|REMS 14.6 km
€92,80 House Technology Park, luxury for you! 11.1 km
€211,20 Luxury attached Villa La Biznaga 2.1 km
€226,80 Bright Classic House Near La Malagueta | REMS 3.5 km
€217 Fabulous Villa,private pool, stunning views,Malaga 11.3 km
€236,60 Casa Bryn Gwyn Beautiful Holiday Villa 27.7 km
€147 WintowinRentals House with Private Pool in Rincón 15.2 km
€142,71 Las Brisas-A private slice of Andalusian Paradise. 21.4 km

Return & Value appreciation

Annual return

5.05%

5 Year Return

25.25%

10 Year Return

50.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with recent updates, which supports value retention and growth.
  • Local market trends in 2027: Expected continued demand for coastal properties in Marbella area, driven by tourism and expatriate interest.
  • Property type: Townhouse in a desirable coastal location, which generally appreciates well in such markets.
  • Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, likely boosting property values.
  • Demographic developments: Increasing expatriate and retiree population seeking seaside homes, supporting demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities, enhancing property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Add an additional bedroom on the roof terrace to increase living space.
  • Upgrade kitchen and bathrooms for modern appeal.
  • Improve outdoor spaces or garden areas.
  • Install energy-efficient systems to reduce utility costs.

Description

Discover this spacious town house in Las Chapas, Spain, ideally located just 150 meters from the stunning dunes beaches of Costabella. Perfect for beach lovers and those seeking a serene coastal lifestyle, this property offers convenient access to local shops and is only a 10-minute drive from Marbella Town. The home features a private garage capable of accommodating three cars, providing ample parking and security. An exciting opportunity exists to expand the living space by adding an additional bedroom on the roof terrace, enhancing the property's value and functionality. Situated in the desirable Las Chapas area of Spain, this town house combines comfort, convenience, and potential for customization, making it an excellent investment for those seeking a seaside retreat or a permanent residence in Spain. Whether you are looking to enjoy the vibrant Marbella lifestyle or relax on nearby beaches, this property in Las Chapas offers the perfect balance of both.

Location

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