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2
Bedrooms
2
Bathrooms
93 m²
Surface area
€
€3898
Price per m²
Apartment
Property type
+12 photos
Analysis
Price
€362.500
Own investment (30%)
€108.750
30% down payment of purchase price
Buyer costs
€36.250
Buyer costs: 10% of purchase price
Estimated nightly rate
€132,03
Expected occupancy rate
76%
Gross rental p/m
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€0000
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Mortgage costs
-€676,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€77,50
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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€457,81
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€96,44
Municipal taxes for Los Almendros
Tax
(19%)
-€275,88
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
€132,03
High season
€163
Mid season
€130,83
Low season
€111
Price determining factors
- Location in Los Almendros
- Sea views and natural surroundings
- Community amenities such as pool and clubhouse
- Proximity to Monte Halcones shopping center
- Potential for property expansion
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 22.0 km |
| €132,40 | Spectacular house on Carvajal Beach | 21.2 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 20.7 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 16.7 km |
| €116 | Charming Sea Front Bungalow | 13.1 km |
| €206,40 | Watch Waves Roll in from the Balcony | 17.3 km |
| €91,40 | Casa Paquita. Private patio and pool | 19.7 km |
| €98,40 | Good views of the beach with private parking | 14.7 km |
| €211,80 | House on walking distance beach Pedregalejo Malaga | 10.4 km |
| €170,20 | Unique views & terrace. Plz Merced | 6.2 km |
Return & Value appreciation
Annual return
9.73%
5 Year Return
48.65%
10 Year Return
97.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition
- Local market trends in 2027
- Property type
- Economic outlook in 2027
- Demographic developments
- Infrastructure plans in 2027
- Historical WOZ value trends
Possible improvements
- Convert large kitchen into a third bedroom
- Upgrade kitchen appliances and fixtures
- Enhance outdoor terrace for better entertainment space
- Implement energy-efficient upgrades (solar panels, insulation)
- Modernize bathrooms and interior finishes
Description
Discover this charming 2-bedroom middle-floor apartment in the sought-after Las Terrazas community, located in the scenic Los Almendros area of Spain. Perfectly positioned on a south-facing elevation, this property offers abundant sunlight throughout the day and stunning panoramic views of the Mediterranean Sea. Whether you're seeking a holiday retreat or a permanent residence, this well-maintained apartment provides immediate move-in readiness, featuring a modern kitchen, spacious lounge, and two luxurious ensuite bathrooms. The master bedroom boasts captivating sea views, complemented by a lovely terrace ideal for relaxing or entertaining. Situated in a tranquil, forested neighborhood, the Los Almendros apartment benefits from a community pool, clubhouse, and communal parking, all within a short drive to Monte Halcones shopping center. The property’s 93m2 interior space includes potential for expansion, with a large kitchen that could be converted into a third bedroom and an open-plan layout. The residence holds a first occupation license, ensuring compliance with local regulations. Please note, the community restricts short-term rentals, making it an excellent choice for those seeking stability and peace. Located in Los Almendros, Spain, this apartment offers a prime opportunity for investors or homeowners looking for a property with stunning sea views, excellent amenities, and a desirable location in southern Spain. Don’t miss the chance to own a piece of paradise in Los Almendros.
Location
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