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Apartment in Riviera del Sol, 2 bedrooms, 64 m² €330.000

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2
Bedrooms
1
Bathrooms
64 m²
Surface area
€5156
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 2 bedrooms, 64 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 2 bedrooms, 64 m² - Afbeelding 1
Apartment in Riviera del Sol, 2 bedrooms, 64 m² - Afbeelding 2
Apartment in Riviera del Sol, 2 bedrooms, 64 m² - Afbeelding 3
+20 photos

Analysis

Price
€330.000
Own investment (30%)
€99.000
Buyer costs
€33.000
Estimated nightly rate
€101,75
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€616
Maintenance costs
-€53,33
Cleaning costs
-€291,67
Platform fees
-€315,68
Municipal taxes
-€82,62
Tax (19%)
-€141,59
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€101,75
High season
€136
Mid season
€99,17
Low season
€81

Price determining factors

  • Proximity to beach and amenities increases desirability.
  • Well-maintained complex with amenities like pool attracts buyers.
  • Fully furnished and modernized features add value.
  • Tourist rental license enhances investment potential.

Comparable accommodations

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

5.49%

5 Year Return

27.45%

10 Year Return

54.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Recent updates and maintained exterior support value appreciation.
  • Local market trends in 2027: Growing demand for holiday rentals and coastal properties in Costa del Sol.
  • Property type: Apartments in well-established complexes tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain and increased tourism boost property values.
  • Demographic developments: Increasing number of retirees and expatriates seeking coastal living.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property appeal.
  • Historical WOZ value trends: Consistent growth in property taxes indicating rising property values.

Possible improvements

  • Adding a modernized kitchen or bathroom upgrade.
  • Installing energy-efficient windows or solar panels.
  • Enhancing outdoor space with landscaping or additional furniture.
  • Upgrading air conditioning or heating systems for better comfort.

Description

Discover this charming 2-bedroom apartment with stunning sea views in the sought-after Mercurio complex, Riviera del Sol, Spain. Perfectly positioned in a well-established community, this south-facing property offers bright, airy living spaces just a short stroll from the beach, local amenities, and recreational facilities. Spanning 74 m² including a spacious covered terrace, the apartment features two bedrooms, a modernized bathroom, and an open-plan kitchen ideal for relaxed living and entertaining. The bright living area opens directly onto the sunlit terrace, providing beautiful sea views and ample space for outdoor furniture. Built in 1983 and meticulously maintained, this Riviera del Sol apartment has undergone recent updates to the kitchen and bathroom, blending practicality with comfort. The unit comes fully furnished, equipped with air conditioning installed a year ago, and benefits from a fresh exterior paint job completed nine months ago. Additional amenities include a communal swimming pool, street parking, and a tourist rental license, making it an excellent investment property or holiday retreat. Situated in a central location, this property offers walking access to the beach, supermarkets, restaurants, and a nearby tennis and sports club—no car needed. The building is accessible via one flight of stairs, with no lift available. Whether seeking a relaxed beachside escape, a rental investment, or a hassle-free lock-up-and-leave home, this Riviera del Sol apartment presents an exceptional opportunity to enjoy the best of Costa del Sol living in Spain.

Location

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