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Apartment in Marbella, 3 bedrooms, 145 m² €530.000

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3
Bedrooms
2
Bathrooms
145 m²
Surface area
€3655
Price per m²
Apartment
Property type
Apartment in Marbella, 3 bedrooms, 145 m² - Hoofdafbeelding
Apartment in Marbella, 3 bedrooms, 145 m² - Afbeelding 1
Apartment in Marbella, 3 bedrooms, 145 m² - Afbeelding 2
Apartment in Marbella, 3 bedrooms, 145 m² - Afbeelding 3
+11 photos

Analysis

Price
€530.000
Own investment (30%)
€159.000
Buyer costs
€53.000
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€989,33
Maintenance costs
-€120,83
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€125,12
Tax (19%)
-€319
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€205,92
High season
€274
Mid season
€197,50
Low season
€142

Price determining factors

  • Proximity to beaches and amenities: High desirability boosts value.
  • Property size and layout: Spacious combined apartments appeal to families and investors.
  • Renovation potential: Ability to upgrade increases market value.
  • Local demand for rental properties: Strong rental market supports higher rental yields.

Comparable accommodations

Rate Hotel / apartment Distance
€314 Livita, Space, Above the beach, Cala de mijas 19.8 km
€195,20 Hacienda el Alamo 16.6 km
€378,33 Casa Calma ǀ Private Pool ǀ Close to Beach + Golf 3.2 km
€210 Beach House 20.0 km
€84 Paradise, sun and beach. Charming terrace. 19.7 km
€185 Entire House with Terrace in Marbella 3.9 km
€382,40 Three bed house with pool 50 metres from the beach 8.5 km
€175 Chic 3BR Townhouse on the Beach + Pool + Parking 14.6 km
€133,60 Casa del Barco | Quiet 3BR Villa & Pool 17.1 km
€236,60 Casa Bryn Gwyn Beautiful Holiday Villa 19.7 km

Return & Value appreciation

Annual return

7.70%

5 Year Return

38.50%

10 Year Return

77.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Renovation potential can significantly increase value.
  • Local market trends in 2027: Marbella's real estate market is expected to remain strong due to tourism and foreign investment.
  • Property type: Versatile property that can be divided or renovated for higher returns.
  • Economic outlook in 2027: Spain's economy is projected to grow steadily, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Renovate interiors to modern standards.
  • Upgrade kitchen and bathrooms.
  • Improve outdoor terrace area.
  • Enhance energy efficiency with new windows or insulation.
  • Reconfigure space to create two separate units for rental.

Description

Discover a rare investment opportunity in the vibrant heart of Marbella, Spain. This unique property features two 2-bedroom apartments seamlessly combined into a spacious 4-bedroom residence, offering versatile living options in Marbella's prime location. Situated just a 2-minute walk from Marbella's beautiful beaches and the bustling Paseo Marítimo, this property provides unparalleled access to Marbella's top attractions, shops, restaurants, healthcare facilities, schools, and public transportation. With a total built area of 145 m², the home boasts four bedrooms, two bathrooms, a generous entrance hall, a separate kitchen, comfortable living rooms, and a sunny terrace. Perfectly positioned in Marbella, Spain, this property presents significant potential for both family living and lucrative investment. It can be renovated to suit personal preferences or divided into two separate units for rental income, making it ideal for investors seeking high returns in Marbella's competitive real estate market. Located in Marbella, Spain, this property combines prime location, flexible space, and excellent investment prospects, making it a standout opportunity for buyers looking to capitalize on Marbella's growing popularity as a top Spanish destination.

Location

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