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3
Bedrooms
2
Bathrooms
99 m²
Surface area
€
€6056
Price per m²
Apartment
Property type
+23 photos
Analysis
Price
€599.500
Own investment (30%)
€179.850
30% down payment of purchase price
Buyer costs
€59.950
Buyer costs: 10% of purchase price
Estimated nightly rate
€172,86
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage costs
-€1.119,07
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€82,50
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
-€504,75
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€139,89
Municipal taxes for Benahavís
Tax
(19%)
-€225,24
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
€172,86
High season
€214
Mid season
€168,33
Low season
€138
Price determining factors
- Proximity to beaches, golf courses, and luxury amenities.
- High demand for properties in Los Flamingos and Benahavís.
- Limited supply of similar high-end apartments in the area.
- Strong rental market attracting investors.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 17.2 km |
| €185 | Entire House with Terrace in Marbella | 10.4 km |
| €382,40 | Three bed house with pool 50 metres from the beach | 7.9 km |
| €175 | Chic 3BR Townhouse on the Beach + Pool + Parking | 6.9 km |
| €133,60 | Casa del Barco | Quiet 3BR Villa & Pool | 24.0 km |
| €140,40 | TOWNHOUSE Old Town Marbella Large Rooftop Terr! A | 14.1 km |
| €281,20 | Ocean Front Villa w/Private Pool | 6.9 km |
| €421 | Calm Villa · Private Infinity Pool | 21.9 km |
| €159,80 | Lucia's home, beach and mountains. | 22.1 km |
| €294,40 | Villa with pool near the beach for families | 10.8 km |
Return & Value appreciation
Annual return
4.81%
5 Year Return
24.05%
10 Year Return
48.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Recently renovated, modern fixtures and finishes increase appeal and value.
- Local market trends in 2027: Growing demand for luxury properties in Costa del Sol, driven by tourism and expatriate influx.
- Property type: Apartments in high-end resorts tend to appreciate well due to amenities and location.
- Economic outlook in 2027: Positive economic growth in Spain and Europe, supporting real estate investments.
- Demographic developments: Increasing number of affluent retirees and expatriates seeking luxury living.
- Infrastructure plans in 2027: Ongoing improvements in transportation, roads, and local amenities enhance accessibility and attractiveness.
- Historical WOZ value trends: Consistent increase in property values and taxes in the region, indicating appreciation potential.
Possible improvements
- Adding a private balcony or terrace for outdoor living.
- Upgrading kitchen appliances and fixtures.
- Enhancing outdoor spaces with landscaping or a small garden.
- Installing smart home technology for modern convenience.
Description
Discover this stunning 3-bedroom middle-floor apartment in Benahavís, Spain, offering panoramic sea views, golf course vistas, and luxurious living within Los Flamingos Resort. This recently renovated property features an open-concept living area with a modern kitchen, perfect for entertaining, and includes two contemporary bathrooms and air conditioning for comfort. The spacious bedrooms provide ample space and natural light, while the utility area, underground parking, and storage room add convenience. Located in the prestigious Los Flamingos Golf and Country Club, this apartment grants residents access to exclusive amenities such as three swimming pools, a paddle court, lush tropical gardens, and 24-hour security. Situated just five minutes from the charming village of Cancelada, residents enjoy nearby supermarkets, traditional Spanish restaurants, bars, and pharmacies. The vibrant Costa del Sol promenade is only a seven-minute drive away, where you can indulge in fresh seafood at seaside chiringuitos or experience luxury at Villa Padierna Beach Club. The renowned Los Flamingos area is famed for its world-class golf courses, including two championship courses and an executive course, along with the 5-star Villa Padierna Hotel and private beach club. This prime location in Benahavís, Spain, combines natural beauty with a sophisticated lifestyle, making it an ideal choice for buyers seeking a luxurious, sea-view property with excellent amenities and investment potential. Explore why Los Flamingos Resort continues to attract discerning homeowners and investors alike.
Location
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