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3
Bedrooms
2
Bathrooms
103 m²
Surface area
€
€8243
Price per m²
Apartment
Property type
+33 photos
Analysis
Price
€849.000
Own investment (30%)
€254.700
30% down payment of purchase price
Buyer costs
€84.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage costs
-€1.584,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€85,83
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
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€162,84
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€205,35
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.
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
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| 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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