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Playa De Los Boliches

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Real estate insights for Playa De Los Boliches

AspectSummary
Gross YieldTypically ranges from 4% to 8% depending on location.
Rental DemandHigh demand due to proximity to beach and amenities.
Average Rent PriceAverage rent is around €800 to €1,200 for a 2-bedroom apartment.
Vacancy RatesLow vacancy rates, around 5% to 7%.
Tenant Turnover RateModerate turnover, approximately 20% annually.
Operating ExpensesOperating costs typically range from 20% to 30% of rental income.
Regulation and Rent ControlLimited rent control; primarily market-driven.
Furnishing/Unfurnishing RateHigh percentage of furnished rentals (70% furnished).
Short-Term vs. Long-Term Rental MixGrowing short-term rental market, but long-term rentals remain common.
Local Economic IndicatorsTourism plays a crucial role; positive economic indicators.
Rental Price TrendsStable growth in rental prices over the last few years.
Lease TermsTypical lease terms are 11 to 12 months.
Deposit RequirementsUsually 1 to 2 months' rent as a deposit.
Utilities and Other CostsUtilities typically cost around €100 to €150 per month.
Safety and SecurityRelatively safe area with low crime rates.

Playa De Los Boliches FAQ

  • Are rental prices in Playa De Los Boliches higher during peak tourist seasons?

    Rental prices in Playa de Los Boliches typically see a significant increase during peak tourist seasons, which generally span from late spring to early autumn. For instance, June through September is considered peak, coinciding with school holidays and favorable weather, drawing both domestic and international visitors. In July and August, rental prices can rise by as much as 30 to 50 percent compared to off-peak months like November or January. Properties near the beach or with amenities like pools often command even higher premiums, with many charging upwards of €150 per night during the peak season. Additionally, short-term rentals on platforms like Airbnb can exhibit inflated prices, reflecting high demand; a two-bedroom apartment that might list for €70 in October can soar to €200 or more in August.

  • What is the average rental price for a one-bedroom apartment in Playa De Los Boliches?

    The average rental price for a one-bedroom apartment in Playa De Los Boliches typically ranges from €700 to €1,000 per month. Prices can vary based on proximity to the beach and amenities. For instance, a modern apartment near the promenade may fetch around €950, while a slightly older unit a few blocks back may be listed for around €750. Additionally, apartments with features like a sea view or access to a swimming pool could command higher rents, often exceeding €1,000. The rental market is also influenced by seasonal demand, with prices peaking during the summer months when tourism is at its height.

  • How do rental prices in Playa De Los Boliches compare to nearby areas?

    Rental prices in Playa de Los Boliches typically range from €800 to €1,500 per month for one- to two-bedroom apartments, which is slightly more affordable compared to neighboring Fuengirola, where prices can hover around €1,000 to €1,800 for similar properties. This makes Playa de Los Boliches an attractive option for those looking for a balance between proximity to amenities and cost. In contrast, the more upscale area of Benalmádena can see prices starting from €1,200 for a one-bedroom apartment, reflecting its reputation for luxury and tourist attractions. Additionally, areas like Torreblanca offer more economical options, with rental prices sometimes dipping below €700, appealing to budget-conscious renters while being a short distance from the beach. Overall, Playa de Los Boliches maintains a competitive rental market in relation to both higher-end and more budget-friendly neighboring areas.

  • What factors can affect the rental prices in Playa De Los Boliches?

    Several factors can significantly influence rental prices in Playa De Los Boliches. One key factor is the proximity to the beach; properties located within walking distance of the shoreline tend to command higher rents, particularly during peak tourist season. The overall condition and amenities of the property also play a crucial role; modern apartments with features such as swimming pools, gyms, and ocean views are priced at a premium compared to older or less equipped units. Seasonal demand fluctuations can impact prices dramatically, with summer months seeing a spike due to an influx of tourists, leading to higher rental rates compared to off-peak seasons. Additionally, local economic conditions, such as job opportunities and the overall cost of living in the area, can affect long-term rental prices, as more stable economic conditions typically attract a larger tenant base willing to pay more. Finally, local regulations and housing policies may also play a role; areas with stricter rental controls or fewer available properties can result in higher prices as competition increases among potential renters.

  • Is it common to find utilities included in the rental price in Playa De Los Boliches?

    In Playa De Los Boliches, it is relatively common for rental agreements to include utilities, although this can vary significantly depending on the type of property and landlord. Many landlords opt to advertise a rent price that encompasses water and electricity, especially for short-term rentals, as it simplifies the process for tourists. However, for long-term leases, it is more typical to see utilities billed separately, allowing tenants to manage their own consumption and costs. For example, a studio apartment might list a rental price that covers community fees and water, while electricity and internet are additional charges. In contrast, larger family homes may include all utilities in the rental price, especially if they are fully furnished and geared towards expats or foreign residents. It's essential for prospective renters to clarify what is included in the rental agreement before signing, as misconceptions about utility coverage can lead to unexpected expenses.

  • What is the price range for long-term vs short-term rentals in Playa De Los Boliches?

    In Playa De Los Boliches, the price range for long-term versus short-term rentals can vary significantly. Short-term rentals, often catering to tourists, typically range from €60 to €150 per night depending on the size and proximity to the beach. For instance, a small studio apartment might cost around €70 per night, while a larger two-bedroom unit could go up to €120 or more. In contrast, long-term rentals, which usually require a commitment of six months or longer, have more stable pricing generally between €700 and €1,200 per month. A one-bedroom apartment can be found around €750, while three-bedroom properties may exceed €1,000 monthly. Additional costs, such as utility bills and community fees, can also influence the overall rental price for both types.

  • Do rental prices in Playa De Los Boliches vary based on proximity to the beach?

    Rental prices in Playa de Los Boliches do vary significantly based on proximity to the beach. Properties located within a short walking distance to the coastline typically command higher prices, given the desired views and access to beach amenities. For instance, a one-bedroom apartment just a few blocks from the beach might rent for around €1,000 per month, while a similar apartment situated further inland could be available for approximately €800. Additionally, beachfront villas or penthouses can reach upwards of €2,500, reflecting the premium associated with direct beach access. Factors such as the size of the property, its condition, and nearby services also influence rental prices, but the closeness to the beach remains a key determinant in the overall cost.