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3
Bedrooms
3
Bathrooms
113 m²
Surface area
€
€9646
Price per m²
Apartment
Property type
+29 photos
Analysis
Price
€1.090.000
Own investment (30%)
€327.000
30% down
payment of purchase price
Buyer costs (10%)
€109.000
10% of purchase price
Estimated nightly rate
€223,86
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage interest rate (%)
Monthly mortgage = interest on the loan + linear repayment per year. Changing the term updates the annual repayment automatically.
Mortgage term (years)
Repayment (per year)
€
Total mortgage costs
-€2.034,67
Maintenance costs
-€94,17
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
-€623,03
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€205,52
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€163,94
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.
* Indicative calculation based on a linear mortgage.
Nightly Rates
Estimated nightly rate
€223,86
High season
€295
Mid season
€215,58
Low season
€161
Price determining factors
- Strong local demand in Nueva Andalucía, proximity to amenities and the beach, and the prestige of Andalucia Garden Club.
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
1.92%
5 Year Return
9.60%
10 Year Return
19.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property is fully renovated, which enhances its appeal and value.
Possible improvements
- Adding a private balcony or terrace to enhance outdoor living space.
- Upgrading kitchen appliances or finishes for modern appeal.
- Implementing smart home technology for added convenience.
Description
Experience luxurious living in this fully renovated corner apartment located in the prestigious Andalucia Garden Club in Nueva Andalucía, Spain. Perfectly positioned next to Centro Plaza and within walking distance to a variety of restaurants, cafés, supermarkets, the beach, and local amenities, this property offers unparalleled convenience. Boasting three spacious bedrooms and three modern bathrooms, including two ensuite with walk-in showers, this elegant apartment combines contemporary design with traditional Spanish charm. The open-plan layout features a fully fitted kitchen, a generous dining area, and a bright living space that opens onto a covered terrace, providing stunning views of the lush communal gardens and outdoor areas. Additional features include underfloor heating in the bathrooms, air conditioning with zone control via Airzone, and high-quality finishes throughout. Residents enjoy access to beautifully maintained gardens, a large communal swimming pool, tennis courts, and 24-hour security—making this an ideal residence for year-round living or vacation investment. Situated in the sought-after Nueva Andalucía area of Spain, this property is a prime opportunity for buyers seeking a luxurious home in the Costa del Sol’s most desirable community.
Location
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