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Apartment in Bel Air, 2 bedrooms, 91 m² €320.000

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2
Bedrooms
2
Bathrooms
91 m²
Surface area
€
€3516
Price per m²
Apartment
Property type
Apartment in Bel Air, 2 bedrooms, 91 m² - Hoofdafbeelding
Apartment in Bel Air, 2 bedrooms, 91 m² - Afbeelding 1
Apartment in Bel Air, 2 bedrooms, 91 m² - Afbeelding 2
Apartment in Bel Air, 2 bedrooms, 91 m² - Afbeelding 3
+9 photos

Analysis

Price
€320.000
Own investment (30%)
€96.000
Buyer costs
€32.000
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€597,33
Maintenance costs
-€75,83
Cleaning costs
-€291,67
Platform fees
-€398,11
Municipal taxes
-€80,50
Tax (19%)
-€230,02
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€126,46
High season
€167
Mid season
€123,92
Low season
€104

Price determining factors

  • Proximity to amenities, beaches, and golf courses.
  • High demand for holiday rentals and second homes.
  • Limited supply of similar properties in Bel Air.
  • Strong local tourism industry and international appeal.

Comparable accommodations

Rate Hotel / apartment Distance
€275,20 Casa Tetuan in old town Marbella, a manicured home 15.1 km
€186,80 Unique place with roof terrace in Old town 15.0 km
€124,86 Sunny hillside casita in Guaro 27.7 km
€118 Villacana Villa-holiday by the beach 1.7 km
€139,40 Townhouse – 3 floors Close to the beach! 1.3 km
€125,60 Modern Townhouse, roof terrace in Estepona OldTown 9.9 km
€139 Casa Relajante - big summer garden 11.7 km
€286,80 Beachfront BohoChic II Pool+DirectBeach+Parking 13.5 km
€131,40 House 5 minutes from the beach, Puerto Banús and 5 golf courses 7.4 km
€108,40 Marbella Townhouse near Top Golf Courses 8.8 km

Return & Value appreciation

Annual return

12.26%

5 Year Return

61.30%

10 Year Return

122.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with recent updates, which supports steady appreciation.
  • Local market trends in 2027: Growing demand for holiday and residential properties in Bel Air and surrounding areas.
  • Property type: Garden apartment in a sought-after location, appealing to families and holidaymakers.
  • Economic outlook in 2027: Expected moderate growth in Spain, boosting real estate investments.
  • Demographic developments: Increasing expatriate and retiree populations seeking properties in Spain.
  • Infrastructure plans in 2027: Ongoing improvements in local transportation, amenities, and connectivity.
  • Historical WOZ value trends: Consistent increase in property values and taxes in the region.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Renovate bathrooms for modern appeal.
  • Enhance outdoor space with landscaping or furniture.
  • Implement energy-efficient systems to reduce utility costs.

Description

Discover this beautifully maintained two-bedroom, two-bathroom garden apartment in Bel Air, Spain, offering a perfect blend of comfort and convenience. Located in a secure, gated community close to the charming village of Cancelada, this property is ideal for families, golf enthusiasts, or sun-seekers looking for a holiday retreat. The spacious interior features a large living and dining area with direct access to a private west-facing garden and terrace, perfect for relaxing and entertaining. The modern kitchen includes a separate utility room, while the master bedroom boasts an ensuite bathroom. An additional double bedroom and family bathroom provide ample space for residents and guests. This Bel Air apartment in Spain is equipped with air conditioning (hot and cold) throughout, ensuring year-round comfort. The community offers direct access to lush gardens, a children's playground, and a swimming pool, making it a family-friendly haven. Included with the property are an underground parking space and a storeroom for added convenience. Situated within walking distance of supermarkets, restaurants, shops, schools, and sporting facilities in Cancelada, this property combines accessibility with tranquility. Whether you’re seeking a permanent residence, a holiday home, or an investment opportunity in Bel Air, Spain, this apartment offers exceptional value in a sought-after location. Experience the vibrant lifestyle and beautiful surroundings of Bel Air, Spain, with this charming garden apartment.

Location

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