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3
Bedrooms
1
Bathrooms
110 m²
Surface area
€
€4977
Price per m²
Apartment
Property type
+8 photos
Analysis
Price
€547.500
Own investment (30%)
€164.250
30% down payment of purchase price
Buyer costs
€54.750
Buyer costs: 10% of purchase price
Estimated nightly rate
€156,45
Expected occupancy rate
60%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€1.022
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€91,67
{% 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
-€428,28
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€128,84
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€161,71
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
€156,45
High season
€206
Mid season
€149,42
Low season
€113
Price determining factors
- High demand for holiday rentals and investment properties in Nueva Andalucía.
- Proximity to golf courses, beaches, and upscale amenities increases desirability.
- Potential for value addition through renovations and upgrades.
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
3.78%
5 Year Return
18.90%
10 Year Return
37.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property appears to be in need of some updates, which could affect its value growth.
- Local market trends in 2027: The Costa del Sol market is expected to remain strong due to high demand for holiday and investment properties.
- Property type: Apartments in this area are highly sought after, especially those with amenities and views.
- Economic outlook in 2027: Spain's economy is projected to grow steadily, supporting real estate appreciation.
- Demographic developments: Increasing foreign investment and expatriate populations are likely to sustain demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities will enhance property values.
- Historical WOZ value trends: The WOZ (property tax value) has shown a steady increase, indicating rising property values.
Possible improvements
- Renovate the interior to modern standards to increase appeal.
- Upgrade kitchen and bathroom fixtures.
- Improve energy efficiency with new windows or insulation.
- Enhance outdoor spaces, such as the private terrace.
- Implement smart home features for added convenience.
Description
Discover a prime investment opportunity with this bright and spacious apartment in Nueva Andalucía, Spain. Located in the prestigious Señorio de Aloha development, this property offers 110.51 m² of well-designed living space, ideal for both permanent residence and holiday home buyers seeking a high-potential property in the Costa del Sol. Surrounded by renowned golf courses, upscale restaurants, boutique shops, and some of Marbella's best beaches, this apartment boasts a south-facing orientation, ensuring abundant natural light and panoramic views. The complex features manicured gardens, multiple communal pools, and elegant relaxation areas, perfectly complementing the sophisticated lifestyle of Nueva Andalucía. Key features include a private terrace, lift access, partially fitted kitchen, and security measures such as gated entry and an entry phone system. Although the property is currently occupied, it presents a unique opportunity for investors looking to capitalize on the high demand for real estate in the Costa del Sol's sought-after location. Please note that interior viewings are not available, and the property is sold as-is. Whether as a holiday retreat, a permanent residence, or an investment property, this apartment in Nueva Andalucía offers exceptional potential in one of Spain's most desirable regions.
Location
Nightly rates in the area
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