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Apartment in Manilva, 2 bedrooms, 120 m² €358.000

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2
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€2983
Price per m²
Apartment
Property type
Apartment in Manilva, 2 bedrooms, 120 m² - Hoofdafbeelding
Apartment in Manilva, 2 bedrooms, 120 m² - Afbeelding 1
Apartment in Manilva, 2 bedrooms, 120 m² - Afbeelding 2
Apartment in Manilva, 2 bedrooms, 120 m² - Afbeelding 3
+23 photos

Analysis

Price
€358.000
Own investment (30%)
€107.400
Buyer costs
€35.800
Estimated nightly rate
€100,25
Expected occupancy rate
63%
Gross rental p/m
€0000
Mortgage costs
-€668,27
Maintenance costs
-€100
Cleaning costs
-€291,67
Platform fees
-€288,16
Municipal taxes
-€88,58
Tax (19%)
-€92,03
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€100,25
High season
€129
Mid season
€97,67
Low season
€78

Price determining factors

  • Proximity to beaches and golf courses: High desirability increases value.
  • Tourist license: Enables rental income, boosting investment appeal.
  • Renovation quality: Modern finishes and high-quality materials support higher valuation.
  • Amenities: Pool, paddle court, landscaped gardens add to property attractiveness.
  • Views: Panoramic sea and coastline views significantly enhance value.

Comparable accommodations

Rate Hotel / apartment Distance
€118 Villacana Villa-holiday by the beach 19.6 km
€139,40 Townhouse – 3 floors Close to the beach! 21.9 km
€125,60 Modern Townhouse, roof terrace in Estepona OldTown 11.1 km
€139 Casa Relajante - big summer garden 9.3 km
€286,80 Beachfront BohoChic II Pool+DirectBeach+Parking 7.4 km
€161,60 Luxury Oasis at Alcazaba Lagoon 5.0 km
€124,71 Casa Strandblick (Sea view villa) 3.0 km
€142,80 Casa de Luz 7.8 km
€112 Finca los Naranjos 14.5 km
€211,20 Beach house in Bahia Dorada with Jacuzzi 5.6 km

Return & Value appreciation

Annual return

4.38%

5 Year Return

21.90%

10 Year Return

43.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, renovated with high-quality materials, which supports steady appreciation.
  • Local market trends in 2027: Expected growth in coastal property demand due to tourism and lifestyle appeal.
  • Property type: Apartment in a sought-after coastal area, typically appreciating well in such markets.
  • Economic outlook in 2027: Positive, with tourism and real estate sectors likely to grow, boosting property values.
  • Demographic developments: Increasing demand from retirees, expatriates, and holidaymakers, supporting rental and resale markets.
  • Infrastructure plans in 2027: Improvements in transportation, amenities, and tourism infrastructure expected to enhance property appeal.
  • Historical WOZ value trends: Consistent growth in property values in Manilva and surrounding areas, indicating a healthy market.

Possible improvements

  • Adding a private jacuzzi or pool on the terrace.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor living space with additional furniture or shading.
  • Installing smart home technology for convenience and security.
  • Improving energy efficiency with solar panels or better insulation.

Description

Discover this stunning elevated sea view apartment in Manilva, Spain, featuring a coveted tourist license for flexible rental opportunities. Renovated with high-quality materials, this 121 m² residence offers panoramic vistas of the Mediterranean, Gibraltar, and the Moroccan coastline. The spacious living area seamlessly connects to a southwest-facing terrace, enhanced by frameless glass curtains that allow year-round enjoyment of the breathtaking scenery while ensuring privacy. The outdoor space includes a slightly elevated terrace, perfect for relaxing or entertaining, with unobstructed views and a discreet low wall. The modern Italian kitchen boasts elegant stone countertops, ample storage, and opens to a practical laundry area with custom cabinetry. The home comprises two comfortable bedrooms with built-in wardrobes and two bathrooms, including an en suite, all finished with elegant marble flooring. Situated within a tranquil, secure complex, residents enjoy amenities such as a large swimming pool, sun loungers, a paddle court, and lush landscaped gardens. The property includes an underground parking space and a spacious storage room, ideal for seasonal equipment or additional storage. Located just 1 km from the beach and close to prestigious golf courses like Valderrama, La Reserva, and more, this Manilva apartment is perfectly positioned for year-round living, a luxurious second home, or an investment property with active tourist rental potential. Enjoy proximity to the vibrant Sotogrande marina, Puerto de la Duquesa, and local shops and restaurants. Experience the ultimate coastal lifestyle in this move-in-ready, elegantly furnished apartment—an exceptional opportunity in Spain’s sought-after Manilva market.

Location

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