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Apartment in Riviera del Sol, 3 bedrooms, 146 m² €475.000

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3
Bedrooms
2
Bathrooms
146 m²
Surface area
€3253
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 3 bedrooms, 146 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 3 bedrooms, 146 m² - Afbeelding 1
Apartment in Riviera del Sol, 3 bedrooms, 146 m² - Afbeelding 2
Apartment in Riviera del Sol, 3 bedrooms, 146 m² - Afbeelding 3
+12 photos

Analysis

Price
€475.000
Own investment (30%)
€142.500
Buyer costs
€47.500
Estimated nightly rate
€161,14
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€886,67
Maintenance costs
-€121,67
Cleaning costs
-€333,33
Platform fees
-€470,53
Municipal taxes
-€113,44
Tax (19%)
-€230,13
Cashflow p.m.
Earned back in

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Nightly 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

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