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2
Bedrooms
2
Bathrooms
122 m²
Surface area
€
€4303
Price per m²
Apartment
Property type
+15 photos
Analysis
Price
€525.000
Own investment (30%)
€157.500
30% down payment of purchase price
Buyer costs
€52.500
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
-€980
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€101,67
{% 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
-€124,06
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€208,94
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 beaches, golf courses, and amenities increases desirability.
- High demand for holiday rentals in the area.
- Limited new developments in the immediate vicinity maintain scarcity value.
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
5.09%
5 Year Return
25.45%
10 Year Return
50.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value retention and appreciation.
- Local market trends in 2027: Expected growth in luxury and holiday rental markets in Marbella and Nueva Andalucía.
- Property type: Ground floor apartment in a desirable area, appealing to both residents and investors.
- Economic outlook in 2027: Positive economic growth in Spain and the Costa del Sol region, boosting property demand.
- Demographic developments: Increasing influx of expatriates and retirees seeking quality living in Spain.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Nueva Andalucía and Marbella.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures to modern standards.
- Enhance outdoor space with landscaping or outdoor furniture.
- Add smart home features for increased convenience and appeal.
- Improve energy efficiency with better insulation or solar panels.
Description
Discover this charming ground floor apartment in the highly sought-after area of Nueva Andalucía, Spain. Perfectly situated in the vibrant Aloha neighborhood, this property offers unparalleled convenience with all essential services within walking distance, making it an ideal choice for both homeowners and investors seeking a prime location in Spain.
This beautifully renovated two-bedroom, two-bathroom flat features a modernized kitchen and a spacious living-dining area, perfect for relaxing or entertaining guests. Step outside to a lovely terrace, ideal for enjoying the warm Spanish summers and outdoor gatherings.
The property is part of a well-maintained urbanization in Nueva Andalucía, boasting lush gardens, pristine communal areas, and an excellent swimming pool that enhances the community’s appeal. The communal facilities are in top condition, providing residents with a comfortable and enjoyable lifestyle.
Whether you're looking for a permanent residence or a lucrative vacation rental in Spain, this property’s prime location in Nueva Andalucía offers excellent connectivity to Marbella, the coast, and all local amenities.
Contact us today for more information or to schedule a viewing. Keys are available at our office to facilitate a seamless private viewing experience. Don’t miss this exceptional opportunity to own a property in one of Spain’s most desirable regions.
Location
Nightly rates in the area
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