Serene Atalaya in Malaga

Name: Sales in Serene Atalaya started!
Start: 2021-01-13T08:08:29.633151+00:00
End: 2023-12-31T23:59:59+0000
Location: Serene Atalaya

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Project info

Object ID: 10438

Finished at	September 2021
Price, m²	From 3333$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 124.00 m²
Floors	2
Apartments	33
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

413,292$

Net profit

9,376$

Payback period

35.2 years

Avg property value increase per year

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About the project

"33 semi-detached villas with 2 or 3 bedrooms with option of solarium and basement. The houses enjoy a sunny orientation west, in addition, its arrangement along a gentle slope allows you to take full advantage of magnificent views. Its location, next to the Atalaya Golf & Country Club, close to shopping areas and with Puerto Banús within walking distance, is ideal for families looking for an independent house with a garden without giving up being well connected to the best services on the Costa del Sol."

Developer

100 years of history 1918. Metrovacesa founded 1953. Construction of Spain Building 1955. Construction of Madrid Tower 2005. Internation…
Details about Metrovacesa