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3
Bedrooms
2
Bathrooms
103 m²
Surface area
€
€6553
Price per m²
Apartment
Property type
+21 photos
Analysis
Price
€675.000
Own investment (30%)
€202.500
30% down payment of purchase price
Buyer costs
€67.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€1.260
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€85,83
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€573,10
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€155,94
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€268,37
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
€205,92
High season
€274
Mid season
€197,50
Low season
€142
Price determining factors
- Proximity to Puerto Banús and beaches: High desirability increases property value.
- Security and amenities: Gated community, pools, and 24-hour security add value.
- Recent renovations: Modern finishes attract higher rental and sale prices.
- Location: Nueva Andalucía's reputation as a prime area for luxury living and tourism.
- Market demand: Strong rental market for holidaymakers and long-term tenants.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €195,20 | Hacienda el Alamo | 22.6 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 10.3 km |
| €185 | Entire House with Terrace in Marbella | 3.3 km |
| €382,40 | Three bed house with pool 50 metres from the beach | 3.1 km |
| €175 | Chic 3BR Townhouse on the Beach + Pool + Parking | 8.1 km |
| €133,60 | Casa del Barco | Quiet 3BR Villa & Pool | 20.5 km |
| €140,40 | TOWNHOUSE Old Town Marbella Large Rooftop Terr! A | 7.1 km |
| €281,20 | Ocean Front Villa w/Private Pool | 8.1 km |
| €294,40 | Villa with pool near the beach for families | 14.7 km |
| €182,40 | House in Marbella's Old Town, 100m from the Beach☆ | 7.6 km |
Return & Value appreciation
Annual return
5.08%
5 Year Return
25.40%
10 Year Return
50.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Recently renovated with modern finishes, which enhances its appeal and value.
- Local market trends in 2027: Expected growth due to increasing demand for holiday and rental properties in Costa del Sol.
- Property type: Apartments in gated communities are highly desirable for both investors and residents.
- Economic outlook in 2027: Spain's economy is projected to recover steadily, supporting real estate appreciation.
- Demographic developments: Growing expatriate and tourist populations increase demand for rental and purchase properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and tourism infrastructure will boost property values.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values and market confidence.
Possible improvements
- Adding a balcony or terrace for outdoor living space.
- Upgrading kitchen and bathroom fixtures for modern appeal.
- Installing energy-efficient appliances and solar panels.
- Enhancing outdoor landscaping and communal areas.
- Adding smart home technology for convenience and security.
Description
Discover this exceptional investment opportunity in Nueva Andalucía, Spain, with a beautifully renovated three-bedroom, two-bathroom apartment ideally situated in a secure gated community. This property is perfect for both rental income and personal living, offering access to two swimming pools—one heated—and 24-hour security with surveillance cameras, ensuring peace of mind. Located just a short 10-minute walk from the glamorous Puerto Banús and the stunning Mediterranean beaches, this apartment provides unmatched convenience for residents and tourists alike. The La Maestranza complex is within walking distance to a variety of restaurants, bars, shops, and entertainment options, making it a highly desirable location for tenants and homeowners. Recently updated with modern finishes, this property benefits from a License of First Occupation (LPO), adding to its appeal as a rental investment or a primary residence in the vibrant area of Nueva Andalucía. Whether you're seeking a lucrative rental property or a comfortable home in Spain’s sought-after Costa del Sol, this apartment offers excellent value, easy access to local amenities, and a prime location. Key in the office for easy viewing—don’t miss out on this fantastic opportunity to own a piece of Spain’s flourishing real estate market in Nueva Andalucía.
Location
Nightly rates in the area
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