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6
Bedrooms
6
Bathrooms
500 m²
Surface area
€
€7800
Price per m²
House
Property type
+8 photos
Analysis
Price
€3.900.000
Own investment (30%)
€1.170.000
30% down payment of purchase price
Buyer costs
€390.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€2.022,66
Expected occupancy rate
46%
Gross rental p/m
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€0000
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Mortgage costs
-€7.280
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€416,67
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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€4.245,06
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€634,28
Municipal taxes for Benahavís
Tax
(19%)
-€2.916,38
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
€2.022,66
High season
€4.888
Mid season
€1.596
Low season
€0
Price determining factors
- Proximity to golf courses and sea views enhances desirability.
- Luxury amenities and modern design increase market value.
- Potential for customization allows for high-end finishes that can command premium prices.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €434,20 | Villa El Mirador | 13.3 km |
| €2.271 | Extraordinary Villa i Marbella | 11.4 km |
| €847,40 | Renovated villa next to the beach and Puerto Banús | 9.4 km |
| €786,40 | Boutique villa, 12-15 guests, near Puerto Banús | 7.2 km |
| €1.331 | Vacation Marbella w/Pool, Billard, Cine, BBQ, Golf | 3.6 km |
| €469 | 6 BDRM Golfside Luxury Villa w/ Pool & Jacuzzi | 6.6 km |
| €800 | ⚡ Beach side w/ heated pool, bbq, central heating | 7.1 km |
| €411 | Casa del León | 10.7 km |
| €314 | Villa nearby beach with sea views, private jacuzzi | 21.8 km |
| €589 | Villa Del Sol Manilva | 23.9 km |
Return & Value appreciation
Annual return
9.56%
5 Year Return
47.80%
10 Year Return
95.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property is currently under reconstruction, offering an opportunity to enhance value through modern design and quality materials.
- Local market trends in 2027: The Costa del Sol region is expected to continue its high demand for luxury properties, supporting appreciation.
- Property type: As a luxury villa, it appeals to high-net-worth individuals, which can sustain high value growth.
- Economic outlook in 2027: Spain's economy is projected to stabilize and grow, positively influencing real estate prices.
- Demographic developments: Increasing affluent expatriates and retirees in the region will likely sustain demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and services will enhance property appeal.
- Historical WOZ value trends: Past trends show steady appreciation in property values in Benahavís, indicating resilience and growth potential.
Possible improvements
- Adding high-end smart home technology.
- Enhancing outdoor living spaces with infinity pools or terraces.
- Upgrading interior finishes with premium materials.
- Incorporating sustainable and energy-efficient features.
Description
Discover an exclusive opportunity to develop a luxurious villa in the prestigious enclave of Benahavís, Spain. This unique refurbishment project in El Herrojo offers a blank canvas for discerning buyers and investors eager to craft their dream home amidst stunning sea views. Situated on a spacious 1,020 m² plot near La Quinta Golf, this property boasts exceptional potential for customization, blending timeless elegance with modern design. The existing villa has been largely demolished following the acquisition of all necessary legal permits, making way for a comprehensive reconstruction process anticipated to complete within 12 months. Once finished, the villa is expected to command a market value between €8 million and €9 million, aligning with the high-end property prices in the Benahavís region. Located in one of Spain’s most sought-after areas, this project presents a rare chance to create a bespoke luxury residence in Benahavís, Spain, with panoramic sea views and proximity to top golf courses, fine dining, and vibrant local amenities. Whether as an investment or a primary residence, this development embodies the epitome of upscale living in Spain’s Costa del Sol, offering excellent potential for capital appreciation and lifestyle excellence.
Location
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Nightly rates in the area
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