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2
Bedrooms
2
Bathrooms
150 m²
Surface area
€
€3300
Price per m²
Apartment
Property type
+32 photos
Analysis
Price
€495.000
Own investment (30%)
€148.500
30% down payment of purchase price
Buyer costs
€49.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,54
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€924
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€125
{% 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
-€117,69
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€216,35
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
- Property condition: High-quality finishes and recent renovation enhance value.
- Local market trends in 2027: Continued high demand for luxury apartments in Marbella.
- Property type: Apartments in gated communities with amenities are highly sought after.
- Economic outlook in 2027: Stable economic growth supports property appreciation.
- Demographic developments: Growing expatriate community and retirees increase demand.
- Infrastructure plans in 2027: Upgrades to local infrastructure boost property appeal.
- Historical WOZ value trends: Upward trend supports future appreciation.
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
5.59%
5 Year Return
27.95%
10 Year Return
55.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value appreciation.
- Local market trends in 2027: Expected to remain strong due to high demand in Marbella's prime areas.
- Property type: Apartments in luxury gated communities tend to appreciate steadily, especially with desirable amenities.
- Economic outlook in 2027: Positive growth forecasted for Spain, with tourism and real estate sectors contributing.
- Demographic developments: Increasing demand from expatriates and retirees seeking luxury properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities in Nueva Andalucía.
- Historical WOZ value trends: Consistent increase over recent years, indicating rising property values.
Possible improvements
- Adding a private jacuzzi or pool on the terrace.
- Upgrading kitchen appliances and finishes.
- Enhancing outdoor landscaping and garden features.
- Installing smart home automation systems.
- Improving energy efficiency with solar panels or better insulation.
Description
Discover this beautifully renovated apartment in the highly desirable Lorcrimar neighborhood of Nueva Andalucía, Spain. Perfectly positioned for luxury living, this spacious property offers approximately 150m² of elegantly designed indoor space complemented by a large west-facing terrace of around 50m², ideal for outdoor entertaining. Featuring 2 generous bedrooms and 2 modern bathrooms, including a master en-suite, this apartment provides a comfortable and contemporary lifestyle. The open-plan kitchen is fully fitted, seamlessly connecting to bright living and dining areas that open onto the private terrace with stunning views of the sea, mountains, and lush gardens. High-quality finishes include marble floors, fitted wardrobes, and double glazing for optimal comfort. Thoughtful security features like air conditioning, security shutters, alarm system, video entry, and surveillance cameras ensure peace of mind. Situated within a gated community, residents enjoy access to a communal pool, landscaped gardens, private parking for one vehicle, and elevator convenience. Fully furnished and move-in ready, this property offers an excellent investment opportunity or permanent residence in Nueva Andalucía, Spain. Its prime location places you close to top amenities, including shops, restaurants, golf courses, beaches, the iconic Puerto Banús marina, and charming San Pedro town. Experience the best of Marbella lifestyle with this exceptional property in the sought-after area of Nueva Andalucía, Spain.
Location
Nightly rates in the area
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