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2
Bedrooms
2
Bathrooms
169 m²
Surface area
€
€5148
Price per m²
Apartment
Property type
+18 photos
Analysis
Price
€870.000
Own investment (30%)
€261.000
30% down payment of purchase price
Buyer costs
€87.000
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
-€1.624
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€140,83
{% 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
-€166,56
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€71
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 golf courses and scenic areas: Enhances desirability.
- Quality of renovation and amenities: Modern features and high-end appliances add value.
- Security and community facilities: Gated community with amenities increases attractiveness.
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
1.04%
5 Year Return
5.20%
10 Year Return
10.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and renovated, likely to attract premium buyers and tenants.
- Local market trends in 2027: Expected growth due to increasing demand for luxury properties in Costa del Sol.
- Property type: High-demand apartment type in a desirable area.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, supporting property appreciation.
- Demographic developments: Growing expatriate and retiree population seeking luxury living.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities enhancing property value.
- Historical WOZ value trends: Consistent increase reflecting rising property values in the region.
Possible improvements
- Adding a private jacuzzi or pool on the terrace.
- Upgrading smart home technology for enhanced convenience.
- Enhancing outdoor living spaces with additional landscaping or outdoor furniture.
- Implementing energy-efficient upgrades to reduce utility costs.
Description
Experience luxurious living in this beautifully renovated 2-bedroom, 2-bathroom apartment located in the desirable neighborhood of Nueva Andalucía, Spain. Perfectly suited for modern lifestyles, this middle-floor residence boasts a state-of-the-art Gaggenau kitchen, exquisite herringbone wood flooring, and a spacious southwest-facing terrace that offers stunning panoramic views of the surrounding landscape. Situated within a secure gated community, residents enjoy exclusive access to a sparkling swimming pool, lush landscaped gardens, and the convenience of an elevator. This Nueva Andalucía apartment combines contemporary style, comfort, and an unbeatable location, making it an exceptional opportunity for investors and homebuyers seeking property in Spain’s thriving Costa del Sol region. With its prime position in Nueva Andalucía, this property is ideal for those looking to enjoy the vibrant local amenities, golf courses, and scenic beauty of southern Spain while investing in a highly desirable real estate market.
Location
Nightly rates in the area
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