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Apartment in Nueva Andalucía, 3 bedrooms, 103 m² €849.000

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3
Bedrooms
2
Bathrooms
103 m²
Surface area
€8243
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 103 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 103 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 103 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 103 m² - Afbeelding 3
+33 photos

Analysis

Price
€849.000
Own investment (30%)
€254.700
Buyer costs
€84.900
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.584,80
Maintenance costs
-€85,83
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€162,84
Tax (19%)
-€205,35
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€205,92
High season
€274
Mid season
€197,50
Low season
€142

Price determining factors

  • High-quality finishes and move-in readiness.
  • Proximity to beaches, Puerto Banús, and amenities.
  • Community facilities like gardens and swimming pool.

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

3.09%

5 Year Return

15.45%

10 Year Return

30.90%

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 growth in Marbella's property market due to tourism and international interest.
  • Property type: Ground floor apartment with private garden, appealing for both residents and investors.
  • Economic outlook in 2027: Positive, with Spain's economy expected to recover and grow post-pandemic.
  • Demographic developments: Increasing demand from expatriates and retirees seeking Mediterranean lifestyle.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and connectivity in Nueva Andalucía.
  • Historical WOZ value trends: Consistent increase over recent years, indicating rising property values.

Possible improvements

  • Adding a rooftop terrace or balcony for additional outdoor space.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor landscaping and private garden features.
  • Installing smart home technology for modern convenience.

Description

Discover this exquisite ground floor apartment in the sought-after Jardines de Andalucía, nestled in the vibrant heart of Nueva Andalucía, Spain. Perfectly suited for those seeking a stylish Marbella residence, this renovated three-bedroom property offers a harmonious blend of modern comfort and Mediterranean charm. The open-plan living, dining, and kitchen area seamlessly extend to a private garden, creating an ideal space for outdoor living, entertaining, or relaxing under the Spanish sun. The master suite features a luxurious en-suite bathroom and generous walk-in closet, ensuring a tranquil retreat. Two additional bedrooms with fitted wardrobes and a contemporary guest bathroom provide ample space for family or guests. High-quality finishes, air conditioning, and move-in readiness enhance the property's appeal. Residents enjoy access to beautifully maintained communal gardens and a swimming pool within a secure gated community. Located just minutes from Marbella’s famous beaches, Puerto Banús, and local amenities, this apartment in Nueva Andalucía offers a prime opportunity for a permanent home, holiday retreat, or investment in one of Spain’s most desirable locations. Experience the best of Marbella living in this elegant property, ideal for those seeking a premium Nueva Andalucía apartment in Spain.

Location

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