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2
Bedrooms
2
Bathrooms
137 m²
Surface area
€
€4139
Price per m²
Apartment
Property type
+42 photos
Analysis
Price
€567.000
Own investment (30%)
€170.100
30% down payment of purchase price
Buyer costs
€56.700
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€1.058,40
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€114,17
{% 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
-€398,58
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€132,99
Municipal taxes for Bel Air
Tax
(19%)
-€125,67
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
€126,61
High season
€167
Mid season
€123,92
Low season
€103
Price determining factors
- High demand for coastal luxury properties.
- Limited supply of similar high-end apartments in Bel Air.
- Proximity to beaches, amenities, and transportation hubs.
- Energy-efficient features and modern furnishings appeal to buyers.
- Short-term rental license increases investment appeal.
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
2.83%
5 Year Return
14.15%
10 Year Return
28.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern features enhance value.
- Local market trends in 2027: Expected growth due to tourism and expatriate demand.
- Property type: Luxury apartment in a sought-after coastal area.
- Economic outlook in 2027: Positive, with stable growth in Spain and Europe.
- Demographic developments: Increasing expatriate population and retirees seeking coastal living.
- Infrastructure plans in 2027: Improvements in transportation and amenities in Bel Air and surrounding areas.
- Historical WOZ value trends: Consistent appreciation reflecting property market stability.
Possible improvements
- Upgrade kitchen appliances and finishes for higher appeal.
- Add smart home features to modernize the property.
- Enhance outdoor spaces with additional landscaping or outdoor furniture.
- Implement energy-saving upgrades to further improve energy efficiency.
Description
Discover this exquisite ground-floor apartment in Bel Air, Spain, nestled within the prestigious Los Miradores del Sol Phase I on the New Golden Mile. This luxury property offers 92 m² of sophisticated interior living space complemented by 84 m² of private terraces and lush gardens, perfect for enjoying the Mediterranean climate. Located just a short stroll from the beach, boutiques, and fine dining, this Bel Air apartment embodies the essence of coastal elegance. Bright and open, the living and dining area seamlessly extend to the west-facing terrace and garden, ideal for outdoor entertaining. Floor-to-ceiling windows flood the space with natural light and showcase views of landscaped communal gardens and pools. Premium features include underfloor heating, central A/C, fiber internet, and stylish furnishings. The fully fitted kitchen boasts high-end appliances, a breakfast bar, and direct access to an east-facing terrace—perfect for morning coffees. The master suite opens to the garden, featuring built-in wardrobes and a luxurious en-suite with rain shower and dual vanities. A second bedroom offers garden views and access to a sleek family bathroom. The outdoor private area is divided into sunbathing, lounging, and dining zones, ideal for relaxing or hosting gatherings. The property also includes underground parking, a spacious storage room, and a short-term rental license, making it an excellent investment opportunity in Bel Air, Spain. This energy-efficient, turnkey home captures the sophisticated coastal lifestyle between Marbella and Estepona, making it a must-see for discerning buyers seeking a luxurious Bel Air property in Spain.
Location
Nightly rates in the area
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