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3
Bedrooms
3
Bathrooms
78 m²
Surface area
€
€3718
Price per m²
House
Property type
+19 photos
Analysis
Price
€290.000
Own investment (30%)
€87.000
30% down payment of purchase price
Buyer costs
€29.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€133,30
Expected occupancy rate
54%
Gross rental p/m
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€0000
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Mortgage costs
-€541,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€65
{% 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
-€328,42
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€74,12
Municipal taxes for Santiago De La Ribera
Tax
(19%)
-€160,98
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
€133,30
High season
€166
Mid season
€130,33
Low season
€93
Price determining factors
- Proximity to beaches and natural parks: High desirability.
- Amenities: Pools, private gardens, rooftop solarium add value.
- Location: Santiago de la Ribera's popularity as a holiday and retirement destination.
- Property condition: Modern features and furnishings.
- Economic factors: Stable local economy, tourism growth.
- Local developments: New infrastructure projects and community facilities.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
9.47%
5 Year Return
47.35%
10 Year Return
94.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Modern, well-maintained interiors with recent renovations enhance value.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in tourist-friendly areas like Santiago de la Ribera.
- Property type: Apartments in a desirable complex with amenities increase rental and resale appeal.
- Economic outlook in 2027: Stable economic growth in Spain and Europe supports property appreciation.
- Demographic developments: Increasing interest from expatriates and retirees boosts demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities support property value.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Add smart home technology for enhanced convenience.
- Improve outdoor spaces with landscaping or additional features.
- Renovate bathrooms for modern appeal.
- Enhance energy efficiency with solar panels or insulation.
Description
Experience the best of coastal living with these stylish Santiago de la Ribera apartments in Spain. Located just 770 metres from the pristine Mar Menor, these fully furnished 3-bedroom homes offer an ideal blend of comfort, elegance, and investment potential. Each apartment features private gardens, spacious terraces, and a rooftop solarium, perfect for outdoor relaxation. The complex includes two swimming pools—one heated—lush landscaped gardens, and secure gated access, making it an attractive choice for holiday rentals or permanent residence. Modern touches such as built-in wardrobes, LED lighting, electric bedroom blinds, and a video intercom enhance everyday living, while private parking and an elevator provide added convenience. The sustainable aerothermal system ensures efficient hot water, aligning with eco-friendly living. Situated in Santiago de la Ribera, renowned for its stunning Mediterranean beaches, vibrant promenades, and nearby natural parks, this location offers an exceptional lifestyle with excellent amenities, golf courses, sports facilities, and easy access to Alicante-Elche International Airport. Whether seeking a holiday home, a rental investment, or a serene retreat in Spain, these Santiago de la Ribera apartments present a unique opportunity to enjoy Mediterranean coastal living while capitalizing on high rental demand.
Location
Nightly rates in the area
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