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2
Bedrooms
1
Bathrooms
73 m²
Surface area
€
€6781
Price per m²
Apartment
Property type
+24 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
€139,16
Expected occupancy rate
64%
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
-€60,83
{% 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
-€406,35
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€117,69
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€172,60
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
€139,16
High season
€185
Mid season
€133,92
Low season
€99
Price determining factors
- Property condition: Modern renovations and high-quality finishes.
- Local market trends in 2027: Growing tourism and real estate demand in the Costa del Sol.
- Property type: Popular holiday and investment property type.
- Economic outlook in 2027: Stable economic environment supporting property investments.
- Demographic developments: Rising number of affluent retirees and expatriates.
- Infrastructure plans in 2027: Planned enhancements in local infrastructure and connectivity.
- Historical WOZ value trends: Increasing property tax assessments reflecting rising 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
4.46%
5 Year Return
22.30%
10 Year Return
44.60%
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 growth in luxury and holiday property demand in Nueva Andalucía.
- Property type: Apartments in high-demand areas tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, boosting real estate investments.
- Demographic developments: Increasing interest from expatriates and retirees seeking scenic and luxury living.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhancing property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Adding a private jacuzzi or pool on the terrace.
- Upgrading kitchen appliances and fixtures.
- Enhancing outdoor living space with additional landscaping or furniture.
- Installing smart home technology for added convenience.
- Improving energy efficiency with solar panels or better insulation.
Description
Discover this stunning 2-bedroom top-floor apartment in the prestigious Nueva Andalucía area of Spain. Perfectly situated to offer breathtaking views of Aloha Golf Course, the Mediterranean coast, and surrounding mountains, this property combines modern luxury with charming Andalusian style. The fully renovated kitchen seamlessly connects to a bright, open-plan living and dining space filled with natural light, creating an inviting atmosphere. Step outside onto your spacious private terrace, ideal for sunbathing, alfresco dining, or relaxing amidst lush greenery with panoramic views. Located within a secure, gated community, residents enjoy access to a beautiful swimming pool and beautifully maintained gardens, ensuring privacy and a relaxed lifestyle. Just a short stroll to local restaurants, supermarkets, and only minutes from Puerto Banús, pristine beaches, and renowned golf courses, this Nueva Andalucía apartment is an exceptional investment opportunity. Whether seeking a holiday retreat, a permanent residence, or a lucrative rental property, this residence offers the perfect blend of comfort, convenience, and scenic beauty in Spain.
Location
Nightly rates in the area
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