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2
Bedrooms
2
Bathrooms
156 m²
Surface area
€
€4808
Price per m²
Apartment
Property type
+13 photos
Analysis
Price
€750.000
Own investment (30%)
€225.000
30% down payment of purchase price
Buyer costs
€75.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€136,73
Expected occupancy rate
63%
Gross rental p/m
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€0000
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Mortgage costs
-€1.400
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€130
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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€393,01
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€171,88
Municipal taxes for Monte Halcones
Tax
(19%)
-€44,37
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.
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Log inNightly Rates
Estimated nightly rate
€136,73
High season
€180
Mid season
€133,17
Low season
€108
Price determining factors
- Proximity to sea and amenities: Enhances desirability.
- Views and outdoor space: Spectacular sea and pool views increase value.
- Property condition: Modern finishes and renovation potential.
- Market demand: High demand for holiday and second homes in the area.
- Economic stability: Strong local economy supports property prices.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €166,80 | Chariming and creative house 50m from the beach | 17.7 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 10.8 km |
| €186,80 | Unique place with roof terrace in Old town | 10.6 km |
| €124,86 | Sunny hillside casita in Guaro | 21.2 km |
| €118 | Villacana Villa-holiday by the beach | 8.2 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 6.2 km |
| €125,60 | Modern Townhouse, roof terrace in Estepona OldTown | 15.9 km |
| €139 | Casa Relajante - big summer garden | 17.6 km |
| €286,80 | Beachfront BohoChic II Pool+DirectBeach+Parking | 19.4 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 3.6 km |
Return & Value appreciation
Annual return
0.76%
5 Year Return
3.80%
10 Year Return
7.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Renovation potential can significantly increase value.
- Local market trends in 2027: Expected growth in high-end coastal properties.
- Property type: Apartments in desirable communities tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain and Europe supports real estate appreciation.
- Demographic developments: Increasing demand from expatriates and retirees.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen appliances and finishes.
- Add smart home technology for modern appeal.
- Improve outdoor living space with landscaping or additional features.
- Enhance energy efficiency with solar panels or insulation.
- Renovate bathrooms with high-end fixtures.
Description
Discover this exceptional renovation opportunity in Monte Halcones, Spain, with this spacious 2-bedroom apartment in the prestigious Monte Halcones community. Perfectly positioned for stunning sea and pool views, this property offers the potential to transform into a luxurious 3-bedroom, 2-bathroom residence with modern, elegant finishes throughout. The planned refurbishment includes creating a bright, open-plan living area that seamlessly connects the living, dining, and kitchen spaces—ideal for entertaining or relaxing with family. The new, fully equipped kitchen will feature high-end appliances and stylish design, enhancing functionality and aesthetic appeal. Benefiting from an east-facing orientation, the apartment enjoys abundant morning sunlight and cool afternoon shade, ensuring optimal comfort in the warm Spanish climate. Step outside onto the generous 24m² terrace, accessible from both the living room and master suite, offering spectacular open sea and pool views—perfect for morning coffee or afternoon relaxation. Inside, the apartment will feature three well-sized bedrooms, including a master suite with impressive vistas, and two modern bathrooms fitted with quality fixtures. Located within the beautifully maintained Monte Halcones urbanization, residents can enjoy access to a recently renovated communal pool and tranquil surroundings, just a short walk from local shops, restaurants, and cafés. Whether seeking a permanent residence or a high-end holiday home in Spain, this renovated Monte Halcones apartment combines spacious living, spectacular views, and prime location in one of Benahavís's most desirable areas.
Location
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