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2
Bedrooms
2
Bathrooms
91 m²
Surface area
€
€4066
Price per m²
Apartment
Property type
+23 photos
Analysis
Price
€369.995
Own investment (30%)
€110.998,50
30% down payment of purchase price
Buyer costs
€36.999,50
Buyer costs: 10% of purchase price
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€690,66
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€75,83
{% trans '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
-€345,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€92,19
Municipal taxes for Riviera del Sol
Tax
(19%)
-€153,62
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
€111,42
High season
€149
Mid season
€108,50
Low season
€87
Price determining factors
- Proximity to beaches, Marbella, and Malaga Airport.
- Luxury features such as panoramic sea views and spacious terrace.
- Community amenities including pool and parking.
- Potential for modern upgrades and personalization.
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
7.08%
5 Year Return
35.40%
10 Year Return
70.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with potential for upgrades to increase value.
- Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand.
- Property type: High-demand luxury penthouse with sea views, appealing to upscale buyers.
- Economic outlook in 2027: Positive, with stable growth in Spain and the Costa del Sol region.
- Demographic developments: Increasing expatriate population and retirees seeking coastal living.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and tourism infrastructure.
- Historical WOZ value trends: Consistent appreciation reflecting regional growth.
Possible improvements
- Upgrade the kitchen with modern appliances and finishes.
- Enhance the interior decor to appeal to luxury buyers.
- Add smart home features for modern convenience.
- Improve outdoor furniture and landscaping on the terrace.
Description
Discover this stunning 2-bedroom, 2-bathroom penthouse in Riviera del Sol, Spain, offering an expansive 150m2 wrap-around terrace with breathtaking panoramic sea views. Located in the heart of the Costa del Sol, this luxurious Riviera del Sol penthouse provides the perfect blend of comfort and convenience, just a 15-minute drive from Marbella and 25 minutes from Malaga Airport. Accessible via a private lift from a spacious underground parking space, the property features an inviting entrance hall that leads into a bright lounge with a cozy fireplace and large patio doors opening onto the enormous terrace—ideal for outdoor living and entertaining. The well-sized kitchen, with a side window, is ready for a modern upgrade to a luxury finish, offering great potential for personalization. The master bedroom boasts fitted wardrobes, sea views, and direct access to the terrace, complemented by a spacious en-suite bathroom. The second double bedroom also enjoys sea views and terrace access, along with a family bathroom. Elegant marble floors throughout enhance the property’s appeal. Situated just minutes from local amenities including shops, restaurants, supermarkets, a golf course, and a health centre, this Riviera del Sol penthouse is perfectly positioned on the Costa del Sol coast. The vibrant beach town of La Cala de Mijas is only a 7-minute drive away. Community charges are approximately €70 per month, with annual IBI taxes around €582. Experience the epitome of seaside living in this exceptional Riviera del Sol property—your ideal Costa del Sol home awaits.
Location
Nightly rates in the area
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