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House in Miraflores, 3 bedrooms, 170 m² €599.000

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3
Bedrooms
2
Bathrooms
170 m²
Surface area
€
€3524
Price per m²
House
Property type
House in Miraflores, 3 bedrooms, 170 m² - Hoofdafbeelding
House in Miraflores, 3 bedrooms, 170 m² - Afbeelding 1
House in Miraflores, 3 bedrooms, 170 m² - Afbeelding 2
House in Miraflores, 3 bedrooms, 170 m² - Afbeelding 3
+43 photos

Analysis

View Report
Price
€599.000
Own investment (30%)
€179.700
Buyer costs
€59.900
Estimated nightly rate
€108,59
Expected occupancy rate
67%
Gross rental p/m
€0000
Mortgage costs
-€1.118,13
Maintenance costs
-€141,67
Cleaning costs
-€333,33
Platform fees
-€331,95
Municipal taxes
-€139,79
Tax (19%)
-€28,14
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€108,59
High season
€131
Mid season
€108,67
Low season
€100

Price determining factors

  • Proximity to the beach and amenities: High demand area.
  • Renovation quality: Modern, bright interiors appeal to buyers.
  • Outdoor spaces: Terrace and gardens add value.
  • Location: Miraflores on Costa del Sol is a premium area.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

Rate Hotel / apartment Distance
€198,60 Apartment in downtown Zaragoza 1.8 km
€91,40 Apartment near the Pilar 3.0 km
€143,80 Duplex penthouse a few minutes from the center 3.5 km
€177 Casa Carlos 5.4 km
€411 Villa Apuntaté 5.8 km
€142,80 Residencial Neo Txelmisa 15.2 km
€171,20 Family-friendly villa 15.8 km
€114,20 Ideal for disconnecting 16.4 km
€554,40 Chalet 3 bedrooms • Private pool • 1000 m² garden 17.7 km
€154,20 Casa Vega 18.5 km

Return & Value appreciation

Annual return

0.60%

5 Year Return

3.00%

10 Year Return

6.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Recently renovated, which enhances value and appeal.
  • Local market trends in 2027: Expected growth due to tourism and expatriate influx.
  • Property type: Townhouse in a desirable location attracts steady demand.
  • Economic outlook in 2027: Positive, with tourism and real estate sectors likely to grow.
  • Demographic developments: Increasing expatriate and retiree populations boosting demand.
  • Infrastructure plans in 2027: Improvements in transportation and amenities could increase property value.
  • Historical WOZ value trends: Generally upward, reflecting increasing property values.

Possible improvements

  • Adding a swimming pool or hot tub.
  • Upgrading kitchen and bathroom fixtures.
  • Enhancing outdoor living spaces with furniture or landscaping.
  • Installing energy-efficient windows or solar panels.

Description

Discover this stunning corner townhouse in the highly sought-after Miraflores urbanisation on Spain's Costa del Sol. Just a 2-3 minute walk from the beautiful beach, this property offers a perfect blend of comfort, style, and prime location. Recently renovated throughout, the townhouse boasts bright, spacious interiors with an open-plan kitchen flowing seamlessly into a generous dining and living area. Large glass doors lead to a sunny terrace and lush gardens, providing ideal outdoor spaces for relaxation or entertaining. The main living area features access to a private rear dining patio with built-in storage, enhancing outdoor living options.

Location

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