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3
Bedrooms
2
Bathrooms
146 m²
Surface area
€
€3253
Price per m²
Apartment
Property type
+12 photos
Analysis
Price
€475.000
Own investment (30%)
€142.500
30% down payment of purchase price
Buyer costs
€47.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,14
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage costs
-€886,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€121,67
{% 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
-€470,53
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€113,44
Municipal taxes for Riviera del Sol
Tax
(19%)
-€230,13
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
€161,14
High season
€204
Mid season
€156,42
Low season
€124
Price determining factors
- Economic outlook in 2027: Stable with potential growth in Spain's tourism and real estate sectors.
- Demographic developments: Increasing expatriate and retiree population seeking properties in Costa del Sol.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and connectivity enhancing property appeal.
- Historical WOZ value trends: Consistent appreciation reflecting local market stability.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €260,80 | Andalusian Villa with views, Pool, Garden & BBQ | 9.9 km |
| €185 | Villa La Guirnalda private pool/wifi/barbecue | 19.4 km |
| €164,40 | 3 Bed Accommodation with Pool | 6.2 km |
| €314 | Livita, Space, Above the beach, Cala de mijas | 4.2 km |
| €195,20 | Hacienda el Alamo | 14.1 km |
| €166,20 | Seaview house: Rooftop pool,gameroom, parking|REMS | 21.4 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 13.3 km |
| €217 | Fabulous Villa,private pool, stunning views,Malaga | 23.9 km |
| €210 | Beach House | 4.4 km |
| €84 | Paradise, sun and beach. Charming terrace. | 4.2 km |
Return & Value appreciation
Annual return
6.20%
5 Year Return
31.00%
10 Year Return
62.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, likely to attract tenants and buyers.
- Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand.
- Property type: Ground floor apartment with outdoor terraces, desirable for families and holidaymakers.
Possible improvements
- Renovate bathrooms and kitchen for modern appeal.
- Enhance outdoor spaces with landscaping or furniture.
- Upgrade fixtures and fittings to increase luxury appeal.
Description
Discover this spacious 3-bedroom ground floor apartment in Riviera del Sol, Spain, perfect for families, holidaymakers, or investors seeking a prime property in the Costa del Sol. The bright, generously proportioned rooms include three double bedrooms with fitted wardrobes and access to private terraces, ideal for outdoor relaxation. The master suite features its own en-suite bathroom and front terrace, while the other bedrooms have private terraces that can be enclosed for added usability. A large, fully fitted kitchen offers modern convenience, complemented by an expansive lounge and dining area with double terrace doors leading to both the front and side terraces—perfect for entertaining or enjoying outdoor living in Riviera del Sol. The property benefits from dedicated parking and a spacious storeroom, enhancing its practicality. Located in the sought-after Riviera del Sol area of Spain, this apartment offers easy access to beaches, golf courses, and local amenities, making it a versatile choice for holiday rentals or permanent residence. With its attractive layout, ample outdoor space, and prime location, this Riviera del Sol apartment is an excellent investment opportunity in Spain’s thriving real estate market.
Location
Nightly rates in the area
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