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5
Bedrooms
4
Bathrooms
241 m²
Surface area
€
€3112
Price per m²
Apartment
Property type
+35 photos
Analysis
Price
€750.000
Own investment (30%)
€225.000
30% down payment of purchase price
Buyer costs
€75.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€228,81
Expected occupancy rate
59%
Gross rental p/m
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€0000
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Mortgage costs
-€1.400
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€200,83
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
-€615,93
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€171,88
Municipal taxes for El Paraiso
Tax
(19%)
-€255,08
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
€228,81
High season
€356
Mid season
€223,92
Low season
€109
Price determining factors
- Growing demand for luxury properties in El Paraiso, Spain.
- Limited supply of similar high-end dual-apartment units in the area.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €278 | Modern villa with great location | 11.6 km |
| €317,86 | Private pool, Villa Tangstad in Doña Pepa. | 9.1 km |
| €287,60 | Detached villa - private pool | 18.6 km |
| €428 | Large Private Luxury Villa 5 bedroom Tropical | 5.2 km |
| €460,40 | Mida Torrevieja | 2.4 km |
| €411 | Luxury new-build villa | 2.4 km |
| €249,40 | Modern luxury spacious family villa, private pool | 4.4 km |
| €284,17 | Stunning Modern Villa in Beautiful Punta Prima | 2.9 km |
| €325,33 | Nice villa with a private pool | 4.6 km |
| €268,60 | Beach & Golf seafront house Campoamor Alicante | 8.4 km |
Return & Value appreciation
Annual return
4.35%
5 Year Return
21.75%
10 Year Return
43.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, move-in ready apartments enhance value and appeal.
Possible improvements
- Upgrade kitchen appliances and fixtures to modern standards.
- Enhance outdoor living spaces, such as terraces or gardens.
- Implement energy-efficient systems to reduce utility costs.
Description
Discover a rare real estate opportunity in the sought-after El Paraiso area of Spain with this exceptional dual-apartment offering. Perfect for investors or families seeking spacious living in El Paraiso, Spain, this property features two beautifully maintained apartments at an unbeatable price. The primary apartment boasts 3 bedrooms, 2 bathrooms, a cozy fireplace lounge, and a generous terrace overlooking stunning sea views, totaling 141 m² of elegant living space. Just one level below, the second apartment offers a contemporary open-plan layout with 2 bedrooms and 2 bathrooms, covering 116 m². Both units are move-in ready, requiring no additional investment, and include two parking spaces in the secure underground garage. Located within a gated community in El Paraiso, Spain, residents enjoy 24-hour security, a heated indoor pool, seven outdoor swimming pools, a fully equipped gym, sauna, children’s playground, coworking area, and an on-site restaurant. This unique property provides versatile living options or an excellent investment opportunity in the vibrant El Paraiso real estate market in Spain. Priced at €750,000, this exclusive offer is available until December 15. Don’t miss your chance to own a piece of paradise in El Paraiso, Spain—where luxury, comfort, and scenic beauty come together.
Location
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