You reached your limit. Log in for unlimited access.
3
Bedrooms
2
Bathrooms
116 m²
Surface area
€
€3871
Price per m²
Apartment
Property type
+15 photos
Analysis
Price
€449.000
Own investment (30%)
€134.700
30% down
payment of purchase price
Buyer costs (10%)
€44.900
10% of purchase price
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage interest rate (%)
Monthly mortgage = interest on the loan + linear repayment per year. Changing the term updates the annual repayment automatically.
Mortgage term (years)
Repayment (per year)
€
Total mortgage costs
-€838,13
Maintenance costs
-€96,67
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
-€491,98
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€120,45
Municipal taxes for Selwo
Tax
(19%)
-€265,87
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.
* Indicative calculation based on a linear mortgage.
Nightly Rates
Estimated nightly rate
€163,38
High season
€221
Mid season
€159,92
Low season
€129
Price determining factors
- Proximity to the sea and mountain views: Highly desirable features that support higher prices.
- Renovation quality: Modern, updated interiors add value.
- Community amenities: Pool, gardens, and terraces increase attractiveness.
- Property size and layout: Spacious with private terraces, appealing to families and vacationers.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 21.6 km |
| €185 | Entire House with Terrace in Marbella | 14.6 km |
| €382,40 | Three bed house with pool 50 metres from the beach | 10.1 km |
| €175 | Chic 3BR Townhouse on the Beach + Pool + Parking | 4.3 km |
| €140,40 | TOWNHOUSE Old Town Marbella Large Rooftop Terr! A | 18.4 km |
| €281,20 | Ocean Front Villa w/Private Pool | 4.3 km |
| €421 | Calm Villa · Private Infinity Pool | 15.0 km |
| €159,80 | Lucia's home, beach and mountains. | 16.9 km |
| €294,40 | Villa with pool near the beach for families | 3.7 km |
| €195,20 | Justine's Houses - Casa Carmen | 21.1 km |
Return & Value appreciation
Annual return
7.57%
5 Year Return
37.85%
10 Year Return
75.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent renovations, which supports value appreciation.
- Local market trends in 2027: Expected growth in property demand due to increasing popularity of Selwo as a residential and holiday destination.
- Property type: Apartments in a desirable coastal area tend to appreciate steadily, especially with sea views.
- Economic outlook in 2027: Positive economic growth in Spain and the Mediterranean region could boost property values.
- Demographic developments: Growing expatriate and retiree populations increase demand for such properties.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities could enhance property appeal.
- Historical WOZ value trends: Consistent increases in property taxes indicate rising property values.
Possible improvements
- Upgrade kitchen appliances and finishes to modern standards.
- Enhance outdoor spaces with additional landscaping or furniture.
- Install energy-efficient systems to reduce utility costs.
- Add smart home features for modern convenience.
Description
Discover this charming apartment in Selwo, Spain, nestled in a tranquil residential community just minutes from the Mediterranean Sea. Perfect for those seeking a peaceful lifestyle with easy access to all amenities, this property combines natural light, excellent ventilation, and stunning views of the sea and mountains from its three private terraces. The spacious living-dining area opens onto a cozy, sheltered terrace, ideal for relaxing or entertaining. The recently renovated kitchen features its own terrace with open vistas of lush gardens and the communal pool, enhancing outdoor living.
Location
Similar properties in Selwo
Interested in this property?
Register your interest and we'll connect you directly with the seller. No obligations.
Sign up and register interestLog in to view this deal
Get instant access to the best real estate deals
New to SpotEstate? Log in with your Google account or create an account and get access to:
- More profitable deals
- Cashflow calculations
- Extensive ROI calculations & predictions
Nightly rates in the area
Questions? Chat with us!