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Apartment in Nueva Andalucía, 3 bedrooms, 117 m² €699.000

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3
Bedrooms
2
Bathrooms
117 m²
Surface area
€5974
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 117 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 117 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 117 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 117 m² - Afbeelding 3
+33 photos

Analysis

Price
€699.000
Own investment (30%)
€209.700
Buyer costs
€69.900
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.304,80
Maintenance costs
-€97,50
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€161,04
Tax (19%)
-€256,67
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

  • Property condition: Modern renovations increase attractiveness.
  • Local market trends in 2027: Growing popularity of the area supports price growth.
  • Property type: Apartments in high-demand areas tend to appreciate.
  • Economic outlook in 2027: Economic stability supports price increases.
  • Demographic developments: Rising expatriate and retiree populations drive demand.
  • Infrastructure plans in 2027: Enhanced infrastructure boosts property values.
  • Historical WOZ value trends: Increasing WOZ values reflect rising property prices.

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

4.70%

5 Year Return

23.50%

10 Year Return

47.00%

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 the Golf Valley and tourism.
  • Property type: Apartments in a desirable gated community tend to appreciate steadily.
  • Economic outlook in 2027: Spain's economy is projected to grow modestly, supporting real estate investments.
  • Demographic developments: Increasing demand from expatriates and retirees boosts property values.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Adding a private pool or jacuzzi to enhance luxury appeal.
  • Upgrading kitchen appliances and fixtures for modernity.
  • Improving outdoor landscaping and garden features.
  • Installing smart home technology for added convenience.
  • Enhancing energy efficiency with solar panels or insulation.

Description

Discover this exceptional fully furnished ground floor apartment in the prestigious Nueva Andalucía, Spain, offering the perfect blend of modern luxury and prime location. This beautifully renovated property features three spacious bedrooms and two stylish bathrooms, ideal for families or investors seeking a high-quality residence in the heart of Spain's renowned Golf Valley. The open-plan kitchen and living area seamlessly connect to a generous terrace and private garden, creating an inviting space for relaxation and entertainment. The master suite opens directly onto the terrace and boasts a modern ensuite bathroom, while two additional bedrooms with built-in wardrobes share a contemporary bathroom with a walk-in shower. Set within a secure, gated community of only 18 residences, residents enjoy exclusive access to two pristine swimming pools and well-maintained communal gardens. Located in Supermanzana H, this apartment offers unmatched access to world-class golf courses such as Aloha, Las Brisas, and Los Naranjos, all within walking distance. The vibrant Aloha district, rich with restaurants, bars, and shops, is just a 10-minute stroll away. This Nueva Andalucía property combines contemporary elegance, comfort, and an unbeatable location, making it an ideal home or investment opportunity in Spain’s sought-after Golf Valley.

Location

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