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Apartment in Riviera del Sol, 2 bedrooms, 185 m² €474.000

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2
Bedrooms
2
Bathrooms
185 m²
Surface area
€2562
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 2 bedrooms, 185 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 2 bedrooms, 185 m² - Afbeelding 1
Apartment in Riviera del Sol, 2 bedrooms, 185 m² - Afbeelding 2
Apartment in Riviera del Sol, 2 bedrooms, 185 m² - Afbeelding 3
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Analysis

View Report
Price
€474.000
Own investment (30%)
€142.200
Buyer costs
€47.400
Estimated nightly rate
€112,44
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€884,80
Maintenance costs
-€154,17
Cleaning costs
-€291,67
Platform fees
-€348,84
Municipal taxes
-€125,12
Tax (19%)
-€99
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€112,44
High season
€150
Mid season
€109,42
Low season
€89

Price determining factors

  • Proximity to beaches, golf courses, and amenities.
  • Sea views and private terraces appeal to luxury buyers.
  • Community facilities like pools and gardens enhance desirability.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

Rate Hotel / apartment Distance
€133,60 An impressive beach house 1.9 km
€203 Casa Flores - Panoramic views, pool, tennis, BBQ 12.2 km
€132,40 Spectacular house on Carvajal Beach 13.1 km
€125,20 Picturesque Casita Mijas Pueblo 13.3 km
€166,80 Chariming and creative house 50m from the beach 8.9 km
€134,80 Cubo's Finca La Graciosa (Cubo's Farm) 18.6 km
€275,20 Casa Tetuan in old town Marbella, a manicured home 15.9 km
€186,80 Unique place with roof terrace in Old town 16.1 km
€116 Charming Sea Front Bungalow 23.4 km
€124,86 Sunny hillside casita in Guaro 21.8 km

Return & Value appreciation

Annual return

2.67%

5 Year Return

13.35%

10 Year Return

26.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern amenities enhance value.
  • Local market trends in 2027: Expected growth due to tourism and expatriate demand.
  • Property type: Luxury penthouse with sea views attracts high-end buyers.
  • Economic outlook in 2027: Positive, with steady growth in Spain and Costa del Sol.
  • Demographic developments: Increasing expatriate and retiree populations.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities.
  • Historical WOZ value trends: Consistent appreciation reflecting market stability.

Possible improvements

  • Upgrade kitchen appliances and finishes.
  • Add smart home technology for modern appeal.
  • Enhance outdoor spaces with landscaping or additional features.

Description

Discover this stunning south-facing penthouse in Riviera del Sol, Spain, offering breathtaking sea views and panoramic vistas. Perfectly situated within a sought-after gated community, this luxury property combines privacy, comfort, and excellent rental potential. The immaculate penthouse features a fully fitted kitchen, a separate laundry room, and a bright living area that opens onto spacious private terraces, ideal for enjoying sunny days and spectacular sunsets. Modern amenities include air conditioning (hot and cold), double glazing, and a comprehensive alarm system, ensuring year-round comfort and security. Included are two underground parking spaces and access to a communal swimming pool with a children's pool, along with beautifully maintained gardens, enhancing the resort-style living experience. Located just 5 to 10 minutes from golf courses, tennis clubs, and reputable schools, with excellent road access, this property is a prime opportunity for both permanent residence and high-yield rental investment in Riviera del Sol. Embrace the coastal lifestyle with this well-maintained, popular urbanisation that offers sea views, sunny terraces, and a vibrant community in the heart of Spain’s Costa del Sol.

Location

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