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3
Bedrooms
2
Bathrooms
114 m²
Surface area
€
€4605
Price per m²
Apartment
Property type
+36 photos
Analysis
Price
€525.000
Own investment (30%)
€157.500
30% down payment of purchase price
Buyer costs
€52.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€141,45
Expected occupancy rate
51%
Gross rental p/m
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€0000
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Mortgage costs
-€980
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€95
{% trans '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
-€329,14
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€124,06
Municipal taxes for Río Real
Tax
(19%)
-€63,21
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.
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Log inNightly Rates
Estimated nightly rate
€141,45
High season
€207
Mid season
€143,75
Low season
€117
Price determining factors
- Proximity to beaches, golf courses, and amenities: Enhances desirability.
- Renovation status: Full renovation can significantly boost value.
- Community amenities: Pool, landscaped gardens, underground parking add value.
- Location within Río Real: Prime corner position offers privacy and natural light.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €94,80 | Cave House - Cueva de Manuela 1 | 27.1 km |
| €51,80 | Amazing cavehouse "La Ermita" | 27.0 km |
| €235,20 | Spectacular 4-floor Town House with Views | 5.9 km |
| €342,40 | Villa Omdal - Pool - Epic Views - Sierra Nevada | 11.0 km |
| €126,20 | Casa Mona- Andalucian mountain village getaway | 11.4 km |
| €114,20 | Casa Bollo Nature and rest in Güejar Sierra | 11.8 km |
| €62,80 | La Casa de la Bombilla verde, an original cottage | 12.3 km |
| €315 | The dream of an Andalusian country house | 12.6 km |
| €80 | Casa La Mecila | 17.3 km |
| €296,80 | Gorgeous house with private natural pool & garden | 17.4 km |
Return & Value appreciation
Annual return
1.54%
5 Year Return
7.70%
10 Year Return
15.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Renovation potential can significantly increase value.
- Local market trends in 2027: Expected growth in Marbella's real estate market due to tourism and expatriate demand.
- Property type: Ground-floor apartments are popular for accessibility and outdoor space.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, supporting property appreciation.
- Demographic developments: Increasing expatriate and retiree populations seeking properties in Marbella.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhancing property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Complete renovation to modern standards.
- Upgrade kitchen and bathrooms.
- Improve outdoor space with landscaping or additional features.
- Enhance energy efficiency with new windows, insulation, or solar panels.
Description
Discover this charming corner ground-floor apartment in the prestigious Río Real area of Marbella, Spain. Perfectly positioned within a secure and well-maintained residential community, this Marbella property offers an exceptional opportunity for renovation enthusiasts. Its prime corner location ensures maximum privacy and abundant natural light, thanks to its triple orientation (South, East, and North). Spanning 114 m², the interior features a practical layout with three bedrooms, two bathrooms, and a spacious living area opening onto a 22 m² terrace. The outdoor space extends into a private garden of approximately 70 m², ideal for enjoying the Mediterranean climate year-round. This Marbella apartment in Río Real is an excellent investment for those seeking a full renovation project to tailor a bespoke home in one of Marbella’s most desirable neighborhoods. The property benefits from a First Occupancy Licence (LPO) and access to premium communal amenities, including a swimming pool surrounded by landscaped gardens and underground parking. Located just minutes from Marbella’s renowned beaches, golf courses, and vibrant amenities, this ground-floor apartment in Río Real offers a unique blend of comfort, privacy, and potential in Spain’s Costa del Sol region.
Location
Nightly rates in the area
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