Almenara Homes in Malaga

Name: Sales in Almenara Homes started!
Start: 2021-01-22T12:05:11.423142+00:00
End: 2023-12-31T23:59:59+0000
Location: Almenara Homes

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Project info

Object ID: 10577

Finished at	December 2021
Price, m²	From 2340$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 86.00 m²
Floors	7
Apartments	115
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

201,240$

Net profit

9,376$

Payback period

17.1 years

Avg property value increase per year

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About the project

ADVANCED WORK.

The Almenara Homes residential complex is located in a privileged enclave in the center of the city of Estepona. It has a total of 115 homes, with a typology of 2, 3 and 4 bedrooms distributed in 2 blocks. The height of the building is low plus seven heights. Everything is completed with 132 parking spaces and 97 storage rooms located in the basement and ground floors, as well as a swimming pool with a solarium area on the roof of the building.

Just 800 m from the beach, a studied orientation and distribution of its homes allows maximum use of natural light and spaces. In addition, due to its location, it has all the necessary services at its fingertips: nurseries, schools, institutes, hospitals, supermarkets and sports complexes, so that living in the center of Estepona is a pleasure.

Homes with garage included in the price