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2
Bedrooms
2
Bathrooms
121 m²
Surface area
€
€4958
Price per m²
Apartment
Property type
+31 photos
Analysis
Price
€599.900
Own investment (30%)
€179.970
30% down payment of purchase price
Buyer costs
€59.990
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€1.119,81
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€100,83
{% 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
-€139,98
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€179,45
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 Puerto Banús and Centro Plaza: Enhances desirability.
- Views and outdoor space: Panoramic sea and hill views, large terrace.
- Amenities: Pool, fitness center, underground parking, outdoor kitchen.
- Property condition: Modern, well-maintained, move-in ready.
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
3.83%
5 Year Return
19.15%
10 Year Return
38.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, likely to attract buyers and renters.
- Local market trends in 2027: Expected steady growth due to high demand in luxury properties in Nueva Andalucía.
- Property type: Luxury apartment in a prime location, generally appreciating well in high-end markets.
- Economic outlook in 2027: Positive, with tourism and real estate sectors expected to grow.
- Demographic developments: Increasing affluent population and expatriates seeking luxury residences.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in the region.
- Historical WOZ value trends: Consistent increase reflecting rising property values.
Possible improvements
- Renovate kitchen and bathrooms for a more contemporary look.
- Upgrade smart home features for added convenience.
- Enhance outdoor living space with new furniture or landscaping.
- Add energy-efficient appliances to reduce utility costs.
Description
Discover this stunning luxury apartment in the prestigious Nueva Andalucía estate, a prime location in Spain renowned for its vibrant lifestyle and breathtaking scenery. This corner unit offers panoramic views of rolling hills, the sparkling Mediterranean Sea, and overlooks the inviting pool area, creating a truly exceptional living experience. Featuring two spacious bedrooms and two modern bathrooms, the apartment boasts an open L-shaped living room with high ceilings and abundant natural light, providing a warm and welcoming atmosphere. The expansive terrace is perfect for relaxing, outdoor dining, or entertaining guests, with direct access to the community garden and pool. Additional amenities include underground parking, a large storage room, and access to a top-tier fitness center with changing facilities. The outdoor kitchen and bar area are ideal for private parties amidst the tranquil natural surroundings. Located just five minutes from Puerto Banús and Centro Plaza, this Nueva Andalucía property combines luxury, convenience, and stunning views in one exceptional package. Whether you're seeking a permanent residence or a holiday retreat, this property offers the perfect blend of comfort and elegance in Spain’s sought-after Andalusian region. Viewings are available on short notice, so don’t miss the opportunity to own a piece of paradise in Nueva Andalucía, Spain.
Location
Nightly rates in the area
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