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2
Bedrooms
2
Bathrooms
109 m²
Surface area
€
€3624
Price per m²
Apartment
Property type
+18 photos
Analysis
Price
€395.000
Own investment (30%)
€118.500
30% down payment of purchase price
Buyer costs
€39.500
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
-€737,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€90,83
{% 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
-€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
-€96,44
Municipal taxes for Bel Air
Tax
(19%)
-€197,54
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
- Property condition: Modern, move-in ready condition enhances value.
- Local market trends in 2027: Rising property prices due to increased demand.
- Property type: Apartments in desirable complexes tend to maintain or increase value.
- Economic outlook in 2027: Economic stability supports property price growth.
- Demographic developments: Growing expatriate community and retirees increase demand.
- Infrastructure plans in 2027: Better connectivity and amenities support higher property prices.
- Historical WOZ value trends: Past appreciation trends suggest continued growth.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 15.1 km |
| €186,80 | Unique place with roof terrace in Old town | 15.0 km |
| €124,86 | Sunny hillside casita in Guaro | 27.7 km |
| €118 | Villacana Villa-holiday by the beach | 1.7 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 1.3 km |
| €125,60 | Modern Townhouse, roof terrace in Estepona OldTown | 9.9 km |
| €139 | Casa Relajante - big summer garden | 11.7 km |
| €286,80 | Beachfront BohoChic II Pool+DirectBeach+Parking | 13.5 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 7.4 km |
| €108,40 | Marbella Townhouse near Top Golf Courses | 8.8 km |
Return & Value appreciation
Annual return
8.53%
5 Year Return
42.65%
10 Year Return
85.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, which can attract higher rental yields and resale value.
- Local market trends in 2027: Growing demand for holiday and permanent residences on Costa del Sol, driven by tourism and expatriate influx.
- Property type: Apartments in gated communities are popular for security and amenities, supporting value appreciation.
- Economic outlook in 2027: Expected steady growth in Spain's economy, boosting real estate investments.
- Demographic developments: Increasing expatriate and retiree populations seeking properties in sunny, coastal areas.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and leisure facilities enhance property appeal.
- Historical WOZ value trends: Consistent appreciation in property values in Bel Air and Costa del Sol area, indicating a positive trend.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade outdoor terraces with stylish furniture or landscaping.
- Improve storage solutions to maximize space.
- Install energy-efficient appliances and solar panels.
- Enhance security features for added safety.
Description
Discover this bright and spacious apartment in the highly desirable Las Jacarandas complex, situated in the sought-after area of Bel Air on the Costa del Sol, Spain. Perfect for those seeking a comfortable and relaxed lifestyle, this corner unit on the first floor is flooded with natural light and offers stunning green views, with scenic glimpses of the mountains and the distant sea. The residence features two generous double bedrooms, a versatile third bedroom converted from a former terrace, a fully equipped kitchen, and a large living and dining area. Enjoy outdoor living on two terraces—an open, sun-drenched space and a cozy enclosed east-facing terrace—ideal for entertaining or relaxing. The property includes a practical storage room and a private, secure garage in the building’s basement. Located within a gated community, residents benefit from two large swimming pools, beautifully maintained gardens, and proximity to shops, restaurants, and the beaches of Costalita. The vibrant area of Bel Air offers a range of activities, including tennis, paddle tennis, yoga, golf, and swimming, with the renowned Bel-Air Tennis and Racquet Club nearby. Marbella and Estepona are just a 10-minute drive, making this an excellent opportunity for property buyers interested in the Costa del Sol’s prime location. This Bel Air apartment combines comfort, convenience, and beautiful surroundings, making it an ideal investment or permanent residence on Spain’s Costa del Sol.
Location
Nightly rates in the area
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