new build

rental investment

APARTMENT IN PARAISO PUEBLO

About real estate

An apartment located in a charming Andalusian-style residential complex. The property was purchased by a couple from Warsaw, who spend half the year on the Costa del Sol (from November to April). During the remaining months, the apartment is rented out on both a short- and long-term basis. What, in our view, indicated strong investment potential? Why did we recommend this property to our clients? Location – between Marbella and Estepona, one of the most desirable and prestigious areas on the Costa del Sol. • Setting – positioned on a hill, offering beautiful open views. • Proximity to renowned international schools (Atalaya, Laude, Atlas) – making it an ideal residential choice for families with children. • Close to outstanding golf courses (El Paraíso Golf Club, Atalaya Golf Club) – perfect for golf enthusiasts. • Near tennis courts and the Bel-Air padel club – an excellent option for those passionate about padel or tennis. • Unique concept – a gated community designed to resemble a traditional Andalusian village. • Amenities – beautifully designed swimming pools, a playground, gym, sauna, co-working space, and an on-site restaurant.

Location:

Benahavis

Area:

113 m2

Number of bedrooms:

3

Residential complex:

gated community/ 206 apartaments

Monthly community fee:

241 €

Tourist license:

yes

Average long-term rental price:

3.500 €/ month

Average short-term rental price:

1.800 €/ tydzień

Net purchase price in 2023:

438.000 €

Market value of the property in 2026:

645.000 €

PURCHASE PARAMETERS

PRICE AND BASIC COSTS

Price (net):

438.000 €

04.2023

VAT 10%:

43.800 €

09.2023

PAYMENT SCHEDULE

Reservation fee:

6000 €

04.2023

First payment: 30% of the net price + 30% of the VAT amount:

131.400 € + 13.140 € = 144.540 €

05.2023

Final payment upon signing the notarial deed: 70% of the net price + 70% of the VAT amount (minus the reservation fee):

306.600 € + 30.660 € (- 6.000 €) = 331.260 €

09.2023

MORTGAGE

Financing: 70% of the net value:

306.600 €

09.2023

OTHER COSTS

Notary:

2.500 €

Lawyer:

4.380 €

AJD tax – Actos Jurídicos Documentados (stamp duty / tax on legal documents):

3800 euro

HOW MUCH IS NEEDED TO COMPLETE THIS TRANSACTION

SUMMARY

Property price:

438.000 €

Down payment:

131.400 €

VAT (IVA):

43.800 €

Transaction costs:

10.680 €

Total own funds required:

185.880 €

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