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Apartment in Riviera del Sol, 2 bedrooms, 118 m² €430.000

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2
Bedrooms
2
Bathrooms
118 m²
Surface area
€
€3644
Price per m²
Apartment
Property type
Apartment in Riviera del Sol, 2 bedrooms, 118 m² - Hoofdafbeelding
Apartment in Riviera del Sol, 2 bedrooms, 118 m² - Afbeelding 1
Apartment in Riviera del Sol, 2 bedrooms, 118 m² - Afbeelding 2
Apartment in Riviera del Sol, 2 bedrooms, 118 m² - Afbeelding 3
+32 photos

Analysis

Price
€430.000
Own investment (30%)
€129.000
Buyer costs
€43.000
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€802,67
Maintenance costs
-€98,33
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€103,88
Tax (19%)
-€125,84
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€111,42
High season
€149
Mid season
€108,50
Low season
€87

Price determining factors

  • Proximity to beaches and amenities: Enhances desirability.
  • Community facilities: Pool, gym, tennis court add value.
  • Property size and layout: Spacious with outdoor terrace, attractive for rentals and resale.
  • Condition of property: Modern, move-in ready, appealing to buyers and renters.

Comparable accommodations

Rate Hotel / apartment Distance
€133,60 An impressive beach house 1.9 km
€203 Casa Flores - Panoramic views, pool, tennis, BBQ 12.2 km
€132,40 Spectacular house on Carvajal Beach 13.1 km
€125,20 Picturesque Casita Mijas Pueblo 13.3 km
€166,80 Chariming and creative house 50m from the beach 8.9 km
€134,80 Cubo's Finca La Graciosa (Cubo's Farm) 18.6 km
€275,20 Casa Tetuan in old town Marbella, a manicured home 15.9 km
€186,80 Unique place with roof terrace in Old town 16.1 km
€116 Charming Sea Front Bungalow 23.4 km
€124,86 Sunny hillside casita in Guaro 21.8 km

Return & Value appreciation

Annual return

4.99%

5 Year Return

24.95%

10 Year Return

49.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, likely to attract higher value appreciation.
  • Local market trends in 2027: Expected growth in Costa del Sol due to tourism and expatriate influx.
  • Property type: Apartment in a desirable community, typically appreciating steadily in such locations.
  • Economic outlook in 2027: Positive, with growth in tourism and real estate sectors.
  • Demographic developments: Increasing expatriate and retiree populations boosting demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and leisure facilities.
  • Historical WOZ value trends: Consistent increase reflecting rising property values in the region.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Renovate bathrooms for modern aesthetics.
  • Enhance outdoor living space with furniture or landscaping.
  • Add smart home features for convenience and security.

Description

Discover this exceptional 2-bedroom apartment in Riviera del Sol, Spain, offering 155m² of stylish living space perfect for both year-round residence and holiday getaways. This charming property features two spacious bedrooms and two bathrooms, including a luxurious en suite, providing comfort and privacy. The well-appointed, separate kitchen boasts generous storage and countertop space, ideal for culinary enthusiasts, while the open-concept lounge and dining area create a perfect setting for relaxing and entertaining. Step outside onto the large south-facing covered terrace with glass curtains, transforming into a versatile outdoor living area suitable for year-round enjoyment. Located in the desirable Riviera del Sol, this apartment grants access to top-tier community amenities such as beautifully maintained communal gardens, a sparkling swimming pool, a modern indoor gym, and a paddle tennis court. Residents can also indulge in the on-site bar, open from April to October, which hosts seasonal entertainment, enhancing the vibrant community lifestyle. Additional features include integrated air conditioning, an underground parking space, and a dedicated storage room. This Riviera del Sol apartment combines comfort, convenience, and leisure in one prime location in Spain, making it an ideal choice for investors or those seeking a relaxed coastal lifestyle in the Costa del Sol region.

Location

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