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2
Bedrooms
2
Bathrooms
94 m²
Surface area
€
€5798
Price per m²
Apartment
Property type
+26 photos
Analysis
Price
€545.000
Own investment (30%)
€163.500
30% down payment of purchase price
Buyer costs
€54.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€1.017,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€78,33
{% trans 'Estimated annual maintenance costs (10€/m²). This is the
rule of thumb for existing and older homes. For new construction,
this is usually lower.' %}
Cleaning costs
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€458,25
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€128,31
Municipal taxes for Marbella
Tax
(19%)
-€205,41
This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.
Earned back in
Time to earn back own investment + buyer costs.
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Log inNightly Rates
Estimated nightly rate
€154,52
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Proximity to beaches and city center: Highly desirable location increases value.
- Views: Unobstructed sea and mountain views add premium value.
- Building amenities: Elevator, underground parking, and well-maintained common areas.
- Property condition: Modern and move-in ready, reducing immediate renovation costs.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 17.8 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 22.7 km |
| €166,80 | Chariming and creative house 50m from the beach | 7.2 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 0.2 km |
| €186,80 | Unique place with roof terrace in Old town | 0.3 km |
| €124,86 | Sunny hillside casita in Guaro | 16.8 km |
| €118 | Villacana Villa-holiday by the beach | 16.1 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 13.8 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 7.6 km |
| €108,40 | Marbella Townhouse near Top Golf Courses | 7.5 km |
Return & Value appreciation
Annual return
4.82%
5 Year Return
24.10%
10 Year Return
48.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern finishes, which supports steady appreciation.
- Local market trends in 2027: Expected to remain strong due to high demand for seaside properties in Marbella.
- Property type: Apartment in a prime location, typically appreciating well in high-demand areas.
- Economic outlook in 2027: Positive, with Spain's economy expected to grow moderately, supporting real estate investments.
- Demographic developments: Increasing interest from international buyers and retirees, boosting demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Marbella, enhancing property values.
- Historical WOZ value trends: Consistent increase over recent years, indicating rising property values.
Possible improvements
- Renovate the kitchen with modern appliances and finishes.
- Upgrade bathrooms for increased luxury appeal.
- Add smart home features for modern convenience.
- Improve energy efficiency with new windows or insulation.
Description
Discover this exclusive apartment in Marbella, Spain, ideally situated in the prestigious Millennium Building in the vibrant city center. Perfectly positioned just a one-minute walk from the beach, this Marbella property offers unbeatable access to the sun, sea, and promenade, making it an ideal choice for seaside living or investment in Spain's renowned Costa del Sol. Located on the second line from Marbella's stunning beaches, this quiet yet central location ensures tranquility away from street noise while remaining close to all amenities. The apartment boasts two bright bedrooms and two modern bathrooms, including a master suite with an en-suite bathroom, providing comfort and privacy. The spacious living and dining area opens onto a sunny west-facing terrace, offering breathtaking unobstructed views of the city, the sparkling sea, and the surrounding mountains — a perfect setting for enjoying Marbella’s Mediterranean climate. A generous entrance hall leads to a fully equipped, functional kitchen in pristine condition, complementing the high-quality finishes throughout the property. The well-maintained, elegant building features an elevator providing convenient access to an underground parking space, which is included in the sale. This Marbella apartment presents a unique investment opportunity or a luxurious seaside residence in Spain. Listed exclusively with our real estate agency, this property combines prime location, exceptional condition, and outstanding views. For further details or to arrange a viewing, contact us today and seize the chance to own this remarkable Marbella property in Spain.
Location
Nightly rates in the area
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