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Apartment in Nueva Andalucía, 3 bedrooms, 114 m² €675.000

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3
Bedrooms
2
Bathrooms
114 m²
Surface area
€5921
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 114 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 114 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 114 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 114 m² - Afbeelding 3
+12 photos

Analysis

Price
€675.000
Own investment (30%)
€202.500
Buyer costs
€67.500
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.260
Maintenance costs
-€95
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€155,94
Tax (19%)
-€266,63
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

  • Proximity to Puerto Banús and Golf Valley: High demand areas drive prices.
  • Community amenities: Gardens, pool, tennis court add value.
  • Location: Nueva Andalucía’s reputation as a luxury area supports appreciation.
  • Property features: Modern renovation and spacious layout are attractive to buyers.
  • Market demand: Strong for holiday rentals and permanent residence.

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

5.05%

5 Year Return

25.25%

10 Year Return

50.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports steady appreciation.
  • Local market trends in 2027: Expected to remain strong due to high demand in Costa del Sol, especially in luxury segments.
  • Property type: Apartments in gated communities tend to appreciate steadily, especially in desirable locations.
  • Economic outlook in 2027: Positive, with tourism and real estate sectors likely to grow, boosting property values.
  • Demographic developments: Increasing expatriate and retiree populations in Spain support demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property appeal.
  • Historical WOZ value trends: Consistent increases in property valuation and local taxes indicate rising property values.

Possible improvements

  • Adding a private outdoor space or upgrading the terrace.
  • Installing energy-efficient appliances or solar panels.
  • Enhancing interior decor to modern standards.
  • Adding smart home features for convenience.
  • Improving storage solutions or closet space.

Description

Discover this spacious and beautifully maintained apartment in the prestigious Andalucia Garden Club gated community, located in the sought-after area of Nueva Andalucía, Spain. Perfectly positioned within walking distance to Puerto Banús and nearby commercial centers, this residence offers both convenience and luxury. Situated on the first floor with a west-facing orientation, the apartment enjoys abundant afternoon sunlight, creating a warm and inviting atmosphere. It features a modern, fully renovated kitchen equipped with high-quality appliances, an open-plan living and dining area with a charming fireplace, and French doors opening onto a lovely terrace ideal for relaxing or entertaining. The master bedroom boasts an ensuite bathroom, while two additional spacious guest bedrooms share a well-appointed bathroom — all with built-in wardrobes for ample storage. Residents benefit from extensive, meticulously maintained gardens, a swimming pool with a hammock area for leisure, and a tennis court for active lifestyle enthusiasts. Parking is securely available within the gated community. Located just minutes from the renowned Golf Valley of Nueva Andalucía, including Las Brisas, Aloha, and Los Naranjos, this property is a perfect choice for golf lovers and those seeking a luxurious lifestyle in Spain’s Costa del Sol. Experience the best of Nueva Andalucía real estate with this exceptional apartment, offering comfort, style, and prime location in Spain.

Location

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