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Apartment in Selwo, 2 bedrooms, 87 m² €499.000

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2
Bedrooms
2
Bathrooms
87 m²
Surface area
€5736
Price per m²
Apartment
Property type
Apartment in Selwo, 2 bedrooms, 87 m² - Hoofdafbeelding
Apartment in Selwo, 2 bedrooms, 87 m² - Afbeelding 1
Apartment in Selwo, 2 bedrooms, 87 m² - Afbeelding 2
Apartment in Selwo, 2 bedrooms, 87 m² - Afbeelding 3
+38 photos

Analysis

Price
€499.000
Own investment (30%)
€149.700
Buyer costs
€49.900
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€931,47
Maintenance costs
-€72,50
Cleaning costs
-€291,67
Platform fees
-€398,58
Municipal taxes
-€118,54
Tax (19%)
-€160,45
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€126,61
High season
€167
Mid season
€123,92
Low season
€103

Price determining factors

  • Location in Selwo and the New Golden Mile, known for high demand.
  • Proximity to beaches, golf courses, and natural parks.
  • Modern amenities and mountain views enhancing desirability.

Comparable accommodations

Rate Hotel / apartment Distance
€275,20 Casa Tetuan in old town Marbella, a manicured home 18.6 km
€186,80 Unique place with roof terrace in Old town 18.6 km
€118 Villacana Villa-holiday by the beach 3.3 km
€139,40 Townhouse – 3 floors Close to the beach! 4.9 km
€125,60 Modern Townhouse, roof terrace in Estepona OldTown 6.8 km
€139 Casa Relajante - big summer garden 8.5 km
€286,80 Beachfront BohoChic II Pool+DirectBeach+Parking 10.3 km
€131,40 House 5 minutes from the beach, Puerto Banús and 5 golf courses 10.8 km
€108,40 Marbella Townhouse near Top Golf Courses 11.8 km
€161,60 Luxury Oasis at Alcazaba Lagoon 13.7 km

Return & Value appreciation

Annual return

4.11%

5 Year Return

20.55%

10 Year Return

41.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, likely to attract long-term tenants or buyers.
  • Local market trends in 2027: Expected growth due to increasing demand for luxury properties in Selwo and the New Golden Mile.
  • Property type: Apartments in a desirable area tend to appreciate steadily, especially with amenities and views.
  • Economic outlook in 2027: Positive economic growth in Spain and the Costa del Sol region, supporting property appreciation.
  • Demographic developments: Growing expatriate and retiree populations seeking luxury living spaces.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and leisure facilities in the region.
  • Historical WOZ value trends: Consistent increase in property values and taxes in the area, indicating appreciation potential.

Possible improvements

  • Renovate kitchen and bathrooms for a more contemporary look.
  • Upgrade flooring and fixtures to increase appeal.
  • Add smart home features for modern convenience.
  • Enhance outdoor spaces or balcony to maximize views.

Description

Discover this stunning 2-bedroom, 2-bathroom apartment in Selwo, Spain, offering spectacular mountain views that create a peaceful and inspiring living environment. Located in the sought-after New Golden Mile, this property combines natural beauty with luxurious amenities, making it an ideal choice for those seeking a serene yet convenient lifestyle. Inside, you'll find a bright, spacious living room perfect for relaxing or entertaining, complemented by an open-concept kitchen with modern appliances and generous counter space for culinary enthusiasts.

Location

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