You can view 2 more properties. Log in for unlimited access.
4
Bedrooms
2
Bathrooms
152 m²
Surface area
€
€2757
Price per m²
Apartment
Property type
+26 photos
Analysis
Price
€419.000
Own investment (30%)
€125.700
30% down payment of purchase price
Buyer costs
€41.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,45
Expected occupancy rate
53%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€782,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€126,67
{% 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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€305,77
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€101,54
Municipal taxes for El Faro
Tax
(19%)
-€66
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.
Interested?
Log in now to contact the seller directly
Log inNightly Rates
Estimated nightly rate
€126,45
High season
€137
Mid season
€126,92
Low season
€110
Price determining factors
- Proximity to beaches and amenities: High demand for properties near the coast.
- Property size and layout: Spacious apartments with multiple terraces are attractive.
- Community features: Swimming pool and private parking add value.
- Condition of the property: Well-maintained interiors and modern amenities.
- Economic factors: Stable local economy, low interest rates, and tourism growth.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €288,40 | Lo Molí de la Jòrdia | 13.0 km |
| €260,20 | Cal Premset rural tourism (Arnes) | 13.2 km |
| €221 | Antic Forn De Paüls | 13.2 km |
| €520,40 | Mas de Borras, a farmhouse in a unique setting. | 13.3 km |
| €251,20 | La Kolina Rural House | 13.4 km |
| €152,60 | Ca l'Era... Disconnect, enjoy and rest | 16.1 km |
| €116,40 | Casa Tai Rural Accommodation | 17.4 km |
| €157,60 | Ca Filomena in Tivenys | 17.5 km |
| €109 | Cal Muga | 17.6 km |
| €155 | Comet House | 17.9 km |
Return & Value appreciation
Annual return
2.01%
5 Year Return
10.05%
10 Year Return
20.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, recent renovations or upgrades can boost value.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in popular areas like El Faro.
- Property type: Apartments in desirable coastal locations tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain and Europe can support property appreciation.
- Demographic developments: Increasing number of retirees and expatriates seeking coastal living.
- Infrastructure plans in 2027: Improvements in transportation, amenities, and connectivity can enhance property value.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade terraces with outdoor furniture or landscaping.
- Add smart home features for convenience.
- Improve energy efficiency with new windows or insulation.
- Enhance outdoor spaces with lighting and decor.
Description
Discover this stunning coastal apartment in El Faro, Spain, offering an ideal blend of comfort and seaside living. Perfectly situated just a five-minute walk from the beach and local amenities, this well-maintained mid-floor property provides both convenience and a relaxed lifestyle. Located near La Cala de Mijas and Fuengirola, residents enjoy easy access to vibrant restaurants, shops, and services, making this El Faro property a prime choice for both residents and investors seeking a Spanish coastal home.
This spacious four-bedroom, two-bathroom apartment features an elegant layout designed for flexible living. Originally a three-bedroom unit, the west-facing terrace has been beautifully converted into a large fourth bedroom, ideal for families, guests, or a home office. The apartment boasts three generous terraces:
* A south-facing terrace perfect for soaking up the sun.
* A cooler, open north-facing terrace for relaxing during warmer days.
* A glazed west-facing terrace seamlessly integrated into the living space, offering versatile outdoor living.
Residents benefit from a well-kept community with a communal swimming pool, ideal for enjoying hot summer days. The property also includes a private parking space in the garage with an electric vehicle charging station, ensuring modern convenience and security.
This El Faro apartment is an excellent opportunity for a permanent residence, a holiday retreat, or a lucrative investment in one of Spain’s most sought-after coastal locations. Experience the best of Spanish seaside living with this exceptional property in El Faro, Spain.
Location
Nightly rates in the area
Questions? Chat with us!