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Apartment in Nueva Andalucía, 2 bedrooms, 179 m² €735.000

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2
Bedrooms
2
Bathrooms
179 m²
Surface area
€4106
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 2 bedrooms, 179 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 2 bedrooms, 179 m² - Afbeelding 1
Apartment in Nueva Andalucía, 2 bedrooms, 179 m² - Afbeelding 2
Apartment in Nueva Andalucía, 2 bedrooms, 179 m² - Afbeelding 3
+13 photos

Analysis

Price
€735.000
Own investment (30%)
€220.500
Buyer costs
€73.500
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.372
Maintenance costs
-€149,17
Cleaning costs
-€291,67
Platform fees
-€458,25
Municipal taxes
-€168,69
Tax (19%)
-€116,89
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€154,52
High season
€212
Mid season
€148,75
Low season
€108

Price determining factors

  • Property condition: Modern and attractive, supporting higher rental and resale prices.
  • Local market trends in 2027: Growing demand for luxury coastal properties.
  • Property type: Apartments tend to appreciate steadily in prime locations.
  • Economic outlook in 2027: Favorable economic conditions support property price increases.
  • Demographic developments: Rising expatriate and tourist populations increase rental yields.
  • Infrastructure plans in 2027: Enhancements in transportation and local amenities increase property attractiveness.
  • Historical WOZ value trends: Upward trend indicating increasing property values.

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

2.03%

5 Year Return

10.15%

10 Year Return

20.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, likely to attract higher appreciation.
  • Local market trends in 2027: Expected growth due to tourism and expatriate demand in Costa del Sol.
  • Property type: Apartment in a desirable coastal area, generally appreciating well.
  • Economic outlook in 2027: Positive, with steady growth in Spain and Europe, supporting real estate investments.
  • Demographic developments: Increasing expatriate and retiree populations boosting demand.
  • Infrastructure plans in 2027: Ongoing improvements in transport, amenities, and services enhancing property value.
  • Historical WOZ value trends: Consistent increase reflecting rising property values and local development.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Enhance interior decor to appeal to luxury buyers.
  • Add smart home features for modern convenience.
  • Improve outdoor space or balcony with landscaping or furniture.
  • Renovate bathrooms for a more contemporary look.

Description

Discover this stunning apartment in the prime location of Nueva Andalucía, Spain, just minutes from the vibrant Puerto Banús and the beautiful Mistral Beach. Perfect for those seeking a luxurious coastal lifestyle, this 122-square-meter property offers abundant natural light and modern comforts. The spacious living-dining area opens onto a private terrace, ideal for relaxing or entertaining. The apartment features two elegant bedrooms, including a master suite with access to a second private balcony, an en-suite bathroom, and a generous wardrobe. The second bedroom overlooks a lush internal garden and has a cozy Juliet balcony, complemented by an additional full bathroom. The fully equipped kitchen includes a separate, bright space with a laundry area featuring a washer, dryer, and dishwasher. Modern amenities include centralized air conditioning with individual climate controls and electric radiators for year-round comfort. The property also includes a secure parking space and a large storage room, making it ideal for both living and investment in Nueva Andalucía, Spain. Located near shops, markets, restaurants, and the scenic San Pedro seafront promenade, this Nueva Andalucía apartment offers a perfect blend of convenience and luxury in Spain’s sought-after Costa del Sol region.

Location

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