Apartment building near the beach on the New Golden Mile, Marbella, Spain

550,000 €
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  • Yield
    5.2 %
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Details
Property parameters
  • Total apartments: 5
  • 2-floor building
Financial performance
  • Annual income: 28,600 €
Tenants
  • Occupancy: 100 %
Transaction costs
  • Broker: 5.0 %

The building of five apartments near the beach on the New Golden Mile.

Description

All five apartments have 2 bedrooms, a living room, a fully eqipped kitchen and a bathroom.

The area of apartments is from 65 to 75 m².

There is a communal swimming pool and garden.

Financial performance

The absolute annual income is 28,600 €.

The current yield is 5,2%.

Tenants

All apartments are rented for a long term and can be purchased with or without tenants.

Transaction costs

Brokerage fee is 5%.

Location

The New Golden Mile — the coastal zone between Estepona and San Pedro Alcantara is a concentration of exclusive residential complexes. This stretch of coast stretching along the coast to the east of Estepona has a fantastic view of the sea, the mountain of Gibraltar and the mountain range of northern Morocco.

The New Golden Mile has also become the location of the luxurious five-star hotels such as Kempinski, Las Dunas and SPA complexes.

In addition to luxury resort hotels, a small shopping center, a stylish beach restaurant Tikitano and typical coastal bars you can also visit the archaeological park.

  • Property on the map
    Location right down to the building, street or city

Statistics in Estepona

Price per m², €
2,216
Real estate Price, €
Apartment in the city centre, m² 2,216.0
Apartment in a bedroom community, m² 1,850.0
Transport Price, €
Public transport, 1 ride 2.0
Monthly travel card 20.0
Taxi, 1 km 1.05
Petrol, 1 l 1.28
Food Price, €
Water, 1.5 l 0.58
Milk, 1 l 0.71
White bread, 500 g 1.0
Eggs, a dozen 1.5
Chicken fillet, 1 kg 5.4
Education Price, €
Kindergarten, per month 300.0
International school, per year 7,666.67

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment consultant in Estepona
+44 17 4822 0039
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