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Apartment in Riviera del Sol, 3 bedrooms, 182 m² €510.000

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3
Bedrooms
3
Bathrooms
182 m²
Surface area
€
€2802
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 3 bedrooms, 182 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 3 bedrooms, 182 m² - Afbeelding 1
Apartment in Riviera del Sol, 3 bedrooms, 182 m² - Afbeelding 2
Apartment in Riviera del Sol, 3 bedrooms, 182 m² - Afbeelding 3
+32 photos

Analysis

Price
€510.000
Own investment (30%)
€153.000
Buyer costs
€51.000
Estimated nightly rate
€170,39
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€952
Maintenance costs
-€151,67
Cleaning costs
-€333,33
Platform fees
-€505,31
Municipal taxes
-€120,88
Tax (19%)
-€248,06
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€170,39
High season
€217
Mid season
€165,42
Low season
€131

Price determining factors

  • Sea, golf, and garden views enhance desirability.
  • Proximity to Marbella and beaches increases value.
  • Luxury features and fully furnished status attract higher prices.
  • Potential for rental income from holidaymakers.
  • Strong local demand for high-end properties.

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

8.29%

5 Year Return

41.45%

10 Year Return

82.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, fully furnished, modern amenities increase appeal and value.
  • Local market trends in 2027: Expected growth in high-demand coastal areas like Costa del Sol due to tourism and expatriate influx.
  • Property type: Apartments in luxury urbanizations tend to appreciate steadily, especially with sea views.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe, boosting real estate investments.
  • Demographic developments: Increasing number of retirees and expatriates seeking holiday or permanent homes in Spain.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities in Mijas Costa and surrounding areas.
  • Historical WOZ value trends: Consistent appreciation in property values in Riviera del Sol and similar coastal regions.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Add smart home technology for modern convenience.
  • Improve outdoor furniture and decor for enhanced appeal.
  • Renovate bathrooms to contemporary standards.
  • Enhance energy efficiency with solar panels or better insulation.

Description

Discover this stunning spacious apartment for sale in Riviera del Sol, Spain, offering breathtaking sea, golf, and garden views. Located in the prestigious Golf Garden Miraflores urbanisation in Mijas Costa, this property is perfectly positioned just 10 km from Marbella and minutes from beautiful beaches on the Costa del Sol. Spanning 182 sqm with an expansive 80 sqm of terraces, this first-floor apartment boasts panoramic vistas of the sea, golf course, and lush communal gardens. The property features three generous bedrooms, including a master with en-suite hydromassage bathroom and private terrace, complemented by three modern bathrooms. The fully fitted 15 sqm kitchen, equipped for comfort and style, is ideal for entertaining. Sold fully furnished with high-quality furniture, the apartment includes air conditioning, a fireplace, and LCD TV, ready for immediate enjoyment. Additional highlights include a private storage room, underground parking with direct building access, and access to well-maintained communal gardens and swimming pool. The outdoor terraces, equipped with dining furniture, are perfect for enjoying the Mediterranean climate. This exceptional Riviera del Sol property is suitable as a permanent home, holiday retreat, or investment opportunity. Its prime location, luxurious features, and stunning views make it a top choice in the Costa del Sol real estate market.

Location

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