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Apartment in Los Pacos, 2 bedrooms, 70 m² €298.000

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2
Bedrooms
2
Bathrooms
70 m²
Surface area
€
€4257
Price per m²
Apartment
Property type
Apartment in Los Pacos, 2 bedrooms, 70 m² - Hoofdafbeelding
Apartment in Los Pacos, 2 bedrooms, 70 m² - Afbeelding 1
Apartment in Los Pacos, 2 bedrooms, 70 m² - Afbeelding 2
Apartment in Los Pacos, 2 bedrooms, 70 m² - Afbeelding 3
+4 photos

Analysis

Price
€298.000
Own investment (30%)
€89.400
Buyer costs
€29.800
Estimated nightly rate
€118,27
Expected occupancy rate
71%
Gross rental p/m
€0000
Mortgage costs
-€556,27
Maintenance costs
-€58,33
Cleaning costs
-€291,67
Platform fees
-€383,12
Municipal taxes
-€75,82
Tax (19%)
-€225,90
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€118,27
High season
€169
Mid season
€115,17
Low season
€92

Price determining factors

  • Proximity to beaches, shops, and amenities increases desirability.
  • Quality of amenities like pools, gyms, and communal areas enhances value.
  • Location within Los Pacos and access to Malaga and Marbella are advantageous.
  • Property condition and modern features support higher pricing.

Comparable accommodations

Rate Hotel / apartment Distance
€88 La Villa Nueva in Mijas Pueblo 4.3 km
€84,20 Charming house with rooftop terrace | REMS 11.9 km
€100,40 Cabin among olive trees 21.7 km
€124,86 Sunny hillside casita in Guaro 22.5 km
€182,60 House with two floors in the center of Malaga. 23.7 km
€147,40 Nice flat. Big.Modern.Old Town.Elegant.Calm. 24.6 km
€107,80 La Pereta: Immaculate quiet house, free parking. 25.1 km
€158,80 Unique views & terrace. Plz Merced 25.3 km
€89,40 Casa Hernán Cortés 25.6 km
€99,80 Spacious Independent House ·Central Area – ARQ 25.9 km

Return & Value appreciation

Annual return

12.93%

5 Year Return

64.65%

10 Year Return

129.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartment with amenities enhances value.
  • Local market trends in 2027: Growing demand for coastal properties on Costa del Sol.
  • Property type: Apartments in a desirable complex attract investors and residents.
  • Economic outlook in 2027: Positive economic growth in Spain supports property appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transport and amenities increase attractiveness.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Add smart home features for convenience and security.
  • Upgrade flooring and fixtures to premium materials.
  • Enhance outdoor spaces or terraces with landscaping.
  • Improve energy efficiency with solar panels or insulation.

Risk level

Medium (75% certainty)

Description

Discover your ideal home in Los Pacos, Spain, with this modern residential complex offering contemporary living spaces in the heart of Fuengirola. These new apartments feature two bedrooms and two bathrooms, ranging from 79m2 to 85m2, designed for comfort and style. Enjoy spacious open-plan living and dining areas complemented by fully equipped kitchens, perfect for entertaining guests. Each unit includes private terraces, double-glazed windows, and climate control with warm and cold air conditioning. Residents can indulge in premium amenities such as a large communal swimming pool, fully equipped gym, relaxing sauna, and a cozy chill-out zone, all within a secure gated community. Located just steps from shops, schools, and the stunning Fuengirola beaches, this property in Los Pacos offers the perfect blend of leisure and convenience. Situated on Spain’s Costa del Sol, Los Pacos provides easy access to world-class golf courses, vibrant city life, and breathtaking coastal landscapes. With Málaga just 20 km away and Marbella a short drive, this location is ideal for investors, holidaymakers, or those seeking a permanent residence. Experience the best of Spanish coastal living in this exclusive Los Pacos property and enjoy the endless sunshine, beautiful beaches, and dynamic lifestyle that make Spain’s Costa del Sol a premier destination.

Location

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