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3
Bedrooms
2
Bathrooms
112 m²
Surface area
€
€4911
Price per m²
Apartment
Property type
+26 photos
Analysis
Price
€550.000
Own investment (30%)
€165.000
30% down payment of purchase price
Buyer costs
€55.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€105,96
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage costs
-€1.026,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€93,33
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
-€294,90
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€133,41
Municipal taxes for El Paraiso
Tax
(19%)
-€16,03
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
€105,96
High season
€139
Mid season
€102,42
Low season
€81
Price determining factors
- Proximity to beaches and golf courses.
- High demand for holiday rentals and second homes.
- Limited new developments in the immediate area.
- Strong tourism industry supporting rental income.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €185,60 | Villa El Loto Blanco | 19.3 km |
| €150,33 | Villa Lindal - upper part of Ciudad Quesada. | 11.1 km |
| €231,40 | Fidalsa 5 Stars Sea Views | 13.1 km |
| €222,67 | Villa "Alma" with pool heating | 17.9 km |
| €196,40 | La Manzana - Villa with Private Pool | 12.8 km |
| €246,60 | Exclusive New build Villa with jacuzzi and pool | 7.7 km |
| €116,43 | Sunny stay at Casa Corten with Private pool. | 10.1 km |
| €121 | Very nice beachfront house. | 13.1 km |
| €119,20 | Villa-Capricho Playa - ParqueMar. VT-480073-A | 6.4 km |
| €98,40 | Nature Views Luxury Villa - 3BR en Pool | 3.5 km |
Return & Value appreciation
Annual return
0.37%
5 Year Return
1.85%
10 Year Return
3.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and furnished, likely to retain or increase value.
- Local market trends in 2027: Expected growth in popular resort areas like El Paraiso due to tourism and expatriate demand.
- Property type: Apartments in resort-style developments tend to appreciate steadily, especially with outdoor amenities.
- Economic outlook in 2027: Positive economic growth in Spain and Europe could boost property values.
- Demographic developments: Increasing expatriate and retiree populations seeking holiday and permanent homes.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and connectivity in El Paraiso.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms to modern standards.
- Enhance outdoor living spaces with new furniture or landscaping.
- Upgrade appliances and fixtures for energy efficiency.
- Add smart home features for convenience and security.
Description
Discover this stunning three-bedroom, two-bathroom apartment in El Paraiso, Spain, offering an exceptional blend of privacy, comfort, and spacious outdoor living. Situated on an elevated ground-floor position, this property provides a perfect retreat within a prestigious resort-style development. The fully furnished apartment spans 111.52 m², including an open-plan kitchen and living area flooded with natural light, creating a warm and welcoming atmosphere. The highlight is its impressive outdoor space, featuring a 27.12 m² terrace, a private 9.57 m² garden, and a 13.65 m² patio—ideal for sunbathing, outdoor dining, or relaxing in tranquil surroundings.
Location
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