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2
Bedrooms
2
Bathrooms
107 m²
Surface area
€
€4650
Price per m²
Apartment
Property type
+20 photos
Analysis
Price
€497.500
Own investment (30%)
€149.250
30% down payment of purchase price
Buyer costs
€49.750
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,54
Expected occupancy rate
65%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€928,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€89,17
{% 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
-€458,31
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€118,22
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€222,17
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
€154,54
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Proximity to Playa Duque and Puerto Banús: High desirability boosts value.
- Views of sea and city: Premium feature that enhances property worth.
- Community amenities: Pool, gardens, secure parking add value.
- Recent renovations: Modern interiors and carpentry increase appeal.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €166,80 | Chariming and creative house 50m from the beach | 14.3 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 7.4 km |
| €186,80 | Unique place with roof terrace in Old town | 7.3 km |
| €124,86 | Sunny hillside casita in Guaro | 20.0 km |
| €118 | Villacana Villa-holiday by the beach | 9.7 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 7.4 km |
| €125,60 | Modern Townhouse, roof terrace in Estepona OldTown | 18.0 km |
| €139 | Casa Relajante - big summer garden | 19.8 km |
| €286,80 | Beachfront BohoChic II Pool+DirectBeach+Parking | 21.7 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 1.0 km |
Return & Value appreciation
Annual return
5.71%
5 Year Return
28.55%
10 Year Return
57.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports higher appreciation.
- Local market trends in 2027: Expected steady growth due to high demand in Costa del Sol.
- Property type: Apartments in a desirable location tend to appreciate well.
- Economic outlook in 2027: Positive, with tourism and real estate sectors likely to grow.
- Demographic developments: Increasing number of expatriates and retirees seeking properties in Spain.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Nueva Andalucía.
- Historical WOZ value trends: Consistent increase reflecting rising property values.
Possible improvements
- Adding a balcony or enlarging the terrace for better outdoor space.
- Upgrading kitchen appliances and fixtures to modern standards.
- Enhancing interior decor to increase aesthetic appeal.
- Implementing energy-efficient systems to reduce utility costs.
Description
Discover this charming apartment for sale in Nueva Andalucía, Spain, just steps from Playa Duque and Puerto Banús. Located on the third floor, this beautifully renovated property offers stunning sea and city views. The home features a modern, fully equipped kitchen, two comfortable bedrooms with built-in wardrobes, and two bathrooms, all in excellent condition thanks to recent updates including new interior and exterior carpentry. The spacious living room opens onto a terrace, perfect for enjoying the Mediterranean climate.
Situated in a sought-after residential area of Nueva Andalucía, this apartment provides convenient access to a variety of leisure, shopping, and dining options within walking distance. The community boasts lush gardens, a swimming pool, and secure outdoor parking, making it an ideal choice for both seasonal residents and permanent homeowners seeking comfort and convenience in Spain.
Whether you're looking for a seaside retreat or a profitable investment in Nueva Andalucía, Spain, this property combines prime location, modern amenities, and natural beauty. Don’t miss the opportunity to own a piece of Nueva Andalucía’s vibrant lifestyle—schedule your viewing today and experience the best of Spain’s Costa del Sol.
Location
Nightly rates in the area
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