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Apartment in Las Chapas, 2 bedrooms, 111 m² €660.000

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2
Bedrooms
2
Bathrooms
111 m²
Surface area
€5946
Price per m²
Apartment
Property type
Apartment in Las Chapas, 2 bedrooms, 111 m² - Hoofdafbeelding
Apartment in Las Chapas, 2 bedrooms, 111 m² - Afbeelding 1
Apartment in Las Chapas, 2 bedrooms, 111 m² - Afbeelding 2
Apartment in Las Chapas, 2 bedrooms, 111 m² - Afbeelding 3
+26 photos

Analysis

Price
€660.000
Own investment (30%)
€198.000
Buyer costs
€66.000
Estimated nightly rate
€132,15
Expected occupancy rate
76%
Gross rental p/m
€0000
Mortgage costs
-€1.232
Maintenance costs
-€92,50
Cleaning costs
-€291,67
Platform fees
-€458,23
Municipal taxes
-€152,75
Tax (19%)
-€157,27
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€132,15
High season
€164
Mid season
€130,92
Low season
€111

Price determining factors

  • Proximity to beach and amenities: Highly desirable location boosts value.
  • Property features: Modern interiors, private garden, communal pool, and parking add value.
  • Market demand: High demand for beachfront properties in Las Chapas.
  • Economic factors: Stable Eurozone economy, low interest rates, and investment inflows.
  • Local developments: New infrastructure projects and tourism initiatives enhance attractiveness.

Comparable accommodations

Rate Hotel / apartment Distance
€203 Casa Flores - Panoramic views, pool, tennis, BBQ 23.9 km
€132,40 Spectacular house on Carvajal Beach 22.1 km
€125,20 Picturesque Casita Mijas Pueblo 22.5 km
€134,80 Cubo's Finca La Graciosa (Cubo's Farm) 19.4 km
€116 Charming Sea Front Bungalow 12.6 km
€206,40 Watch Waves Roll in from the Balcony 13.2 km
€91,40 Casa Paquita. Private patio and pool 15.6 km
€98,40 Good views of the beach with private parking 10.6 km
€211,80 House on walking distance beach Pedregalejo Malaga 6.3 km
€186,20 Perfect combination of rural and modern 21.0 km

Return & Value appreciation

Annual return

3.05%

5 Year Return

15.25%

10 Year Return

30.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern finishes, recent renovations enhance value.
  • Local market trends in 2027: Growing demand for seaside properties in Costa del Sol.
  • Property type: Ground floor apartment with outdoor space is attractive for both residents and investors.
  • Economic outlook in 2027: Positive economic growth in Spain and the Eurozone supports real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree population seeking coastal living.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and tourism infrastructure.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Add smart home technology for increased convenience.
  • Improve outdoor landscaping and garden design.
  • Renovate bathrooms for a more modern look.
  • Enhance energy efficiency with solar panels or better insulation.

Description

Discover this stunning ground floor apartment in Las Chapas, Costa del Sol, offering a perfect blend of comfort and seaside living in Spain. Boasting 2 spacious bedrooms and 2 modern bathrooms, this property spans 111 m² of stylishly finished interiors, complemented by a 10 m² terrace and a private 40 m² garden ideal for outdoor relaxation. Located in a prime beachside setting, this Las Chapas apartment provides easy access to the beach, golf courses, and local amenities, making it an excellent choice for those seeking a relaxed coastal lifestyle in Spain. The apartment features an open-plan fully fitted kitchen, marble flooring, double glazing, and fiber optic internet, ensuring both luxury and practicality. With excellent condition and contemporary touches, it offers features such as air conditioning with hot and cold climate control, a covered terrace, lift access, and private parking in a gated community with underground and garage options. The property also includes a communal pool with a children's section, perfect for family living. Designed with accessibility in mind, the apartment has access for people with reduced mobility and includes a storage room and utility area. Its south-facing orientation guarantees plenty of natural sunlight, while the garden views provide a serene environment. Partly furnished and ready to move in, this beachfront resale property in Las Chapas is ideal for investors or buyers looking for a luxurious, beachfront residence in Spain. Don't miss the opportunity to own this exceptional Las Chapas apartment, where seaside living meets modern convenience.

Location

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