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Apartment in Málaga, 3 bedrooms, 66 m² €279.000 sold quickly

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3
Bedrooms
3
Bathrooms
66 m²
Surface area
€4227
Price per m²
Apartment
Property type
Apartment in Málaga, 3 bedrooms, 66 m² - Hoofdafbeelding
Apartment in Málaga, 3 bedrooms, 66 m² - Afbeelding 1
Apartment in Málaga, 3 bedrooms, 66 m² - Afbeelding 2
Apartment in Málaga, 3 bedrooms, 66 m² - Afbeelding 3
+18 photos

Analysis

View Report
Price
€279.000
Own investment (30%)
€83.700
Buyer costs (10%)
€27.900
Estimated nightly rate
€200,40
Expected occupancy rate
74%
Gross rental p/m
€0000
Mortgage costs
-€520,80
Maintenance costs
-€55
Cleaning costs
-€333,33
Platform fees
-€676,60
Municipal taxes
-€71,79
Tax (19%)
-€542,10
Earned back in

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Nightly Rates

Estimated nightly rate
€200,40
High season
€240
Mid season
€198,08
Low season
€161

Price determining factors

  • Proximity to beaches and amenities: High demand area.
  • Potential for renovation: Opportunity to increase value.
  • Market stability: The region's popularity ensures steady appreciation.
  • Economic growth: Spain's economic recovery supports property prices.

Comparable accommodations

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

Rate Hotel / apartment Distance
€260,80 Andalusian Villa with views, Pool, Garden & BBQ 26.3 km
€185 Villa La Guirnalda private pool/wifi/barbecue 21.0 km
€166,20 Seaview house: Rooftop pool,gameroom, parking|REMS 15.3 km
€92,80 House Technology Park, luxury for you! 12.7 km
€211,20 Luxury attached Villa La Biznaga 2.4 km
€226,80 Bright Classic House Near La Malagueta | REMS 1.9 km
€217 Fabulous Villa,private pool, stunning views,Malaga 12.6 km
€147 WintowinRentals House with Private Pool in Rincón 13.5 km
€142,71 Las Brisas-A private slice of Andalusian Paradise. 20.2 km
€287,20 La Casa Enamorada Málaga, where love becomes reality 5.7 km

Return & Value appreciation

Annual return

24.85%

5 Year Return

124.25%

10 Year Return

248.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The property requires renovation, which can increase its value after improvements.
  • Local market trends in 2027: The Costa del Sol region is expected to continue attracting both tourists and residents, supporting property appreciation.
  • Property type: Apartments in prime locations tend to appreciate steadily, especially near beaches and amenities.
  • Economic outlook in 2027: Spain's economy is projected to recover and grow, boosting real estate demand.
  • Demographic developments: An increasing number of expatriates and retirees are moving to Málaga, supporting demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities will enhance property appeal.
  • Historical WOZ value trends: Consistent growth in property values in Málaga indicates positive future appreciation.

Possible improvements

  • Renovate the interiors to modern standards.
  • Add outdoor space or balcony if feasible.
  • Upgrade kitchen and bathrooms for higher appeal.
  • Improve energy efficiency with new windows or insulation.
  • Enhance curb appeal with fresh paint and landscaping.

Description

Discover this charming 3-bedroom Málaga apartment in the highly sought-after Las Delicias district, just a 5-minute walk from the stunning beaches of Málaga, Spain. Perfect for renovation, this Málaga property offers bright, spacious interiors with excellent potential to customize your dream home or a lucrative investment in Spain's vibrant Costa del Sol. Featuring two exterior-facing bedrooms that flood the space with natural light and a third interior bedroom, this Málaga apartment provides a welcoming living area ideal for relaxation and entertaining. The fully equipped kitchen, air conditioning system, and partial furnishings enhance comfort and convenience. Situated in a well-maintained building with a recently renovated entrance hall and elevator, this Málaga property offers ease of access and added value. Its east-facing orientation ensures lovely morning sunlight, with urban and street views adding to its appeal. While it lacks outdoor space and parking, its prime location near shops, supermarkets, schools, and excellent bus connections makes it ideal for daily living or rental investment in Málaga. Living in Málaga means enjoying the lively culture, beautiful beaches, and excellent amenities of Spain's Costa del Sol. This Málaga apartment is a perfect opportunity for investors and homeowners seeking a property in one of Spain’s most desirable coastal cities, offering strong rental potential and future capital appreciation. Experience the unique lifestyle of Málaga, Spain, with this versatile and well-positioned property.

Location

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