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4
Bedrooms
3
Bathrooms
140 m²
Surface area
€
€4571
Price per m²
Apartment
Property type
+22 photos
Analysis
Price
€640.000
Own investment (30%)
€192.000
30% down payment of purchase price
Buyer costs
€64.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€295,07
Expected occupancy rate
74%
Gross rental p/m
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€0000
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Mortgage costs
-€1.194,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€116,67
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
-€996,23
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€135,75
Municipal taxes for Aloha
Tax
(19%)
-€726,41
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.
Nightly Rates
Estimated nightly rate
€295,07
High season
€325
Mid season
€293,83
Low season
€258
Price determining factors
- Proximity to beaches, golf courses, and amenities increases desirability.
- High-quality renovations and modern fixtures boost market value.
- Secure urbanization and amenities like pools and gyms add premium value.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €345,20 | Center Madrid. Plaza Cascorro. | 0.7 km |
| €404 | Spectacular House 9Pax Bernabéu | 6.5 km |
| €243,20 | Newly renovated rustic house with 4 bedrooms | 6.6 km |
| €528,40 | Casa de los Sueños for families in Madrid | 7.1 km |
| €570,60 | Madrid Fair House. Ideal for watching Formula 1 | 9.9 km |
| €399,60 | Family Garden Chalet 15 minutes from downtown and Warner | 16.8 km |
| €285,40 | Cozy townhouse with a garden and pool | 17.7 km |
| €409,40 | Designer house, pool & barbecue | 20.7 km |
| €262,60 | River House | 22.7 km |
Return & Value appreciation
Annual return
14.52%
5 Year Return
72.60%
10 Year Return
145.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Recently renovated, which enhances value and appeal.
- Local market trends in 2027: Expected growth in Costa del Sol's real estate market due to tourism and expatriate influx.
- Property type: Apartments in high-demand holiday and investment areas tend to appreciate.
- Economic outlook in 2027: Positive, with continued tourism growth and infrastructure investments.
- Demographic developments: Increasing expatriate population and retirees seeking holiday homes.
- Infrastructure plans in 2027: Ongoing improvements in transport, amenities, and connectivity in Costa del Sol.
- Historical WOZ value trends: Consistent increase reflecting rising property values in the region.
Possible improvements
- Adding a private pool or hot tub.
- Upgrading kitchen appliances and fixtures for modern appeal.
- Enhancing outdoor spaces with landscaping or additional terraces.
- Installing smart home technology for convenience and security.
- Improving energy efficiency with solar panels or better insulation.
Description
Discover this stunning ground floor apartment in Aloha, Spain, offering an exceptional opportunity for both holiday home enthusiasts and savvy investors. Situated in the prestigious Costa del Sol region, this recently renovated 4-bedroom, 3-bathroom property spans 140 m² of beautifully designed living space. Perfectly positioned close to golf courses, vibrant ports, pristine beaches, and top-rated schools, this Aloha apartment combines convenience with luxury. Enjoy the east-facing orientation that fills the home with natural light, complemented by marble flooring, double glazing, and modern fixtures. The fully fitted kitchen, private and covered terraces, and access to communal gardens create an ideal setting for relaxation and entertaining. The property boasts a range of amenities including a communal indoor pool, gym, 24-hour gated security, underground parking, satellite TV, and storage room—making it a perfect holiday retreat or investment opportunity on the Costa del Sol. Located in a secure urbanization near excellent transport links, this apartment offers an ideal blend of comfort, security, and lifestyle. Whether seeking a permanent residence or a lucrative rental property, this Aloha apartment in Spain is a prime choice for those looking to invest in the vibrant Costa del Sol real estate market.
Location
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