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

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3
Bedrooms
3
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
+38 photos

Analysis

Price
€699.000
Own investment (30%)
€209.700
Buyer costs
€69.900
Estimated nightly rate
€223,23
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.304,80
Maintenance costs
-€97,50
Cleaning costs
-€333,33
Platform fees
-€621,28
Municipal taxes
-€161,04
Tax (19%)
-€308,54
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€223,23
High season
€299
Mid season
€214,17
Low season
€159

Price determining factors

  • High demand for luxury apartments in Marbella.
  • Proximity to beaches, golf courses, and amenities.
  • Tourism growth supporting short-term rental potential.
  • Limited new developments in prime areas, maintaining scarcity.

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

5.65%

5 Year Return

28.25%

10 Year Return

56.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The property is fully renovated, which enhances its value and attractiveness to buyers and renters.
  • Local market trends in 2027: The Marbella real estate market is expected to remain strong due to high demand for luxury properties and international buyers.
  • Property type: Apartments in Marbella, especially in prime locations like Nueva Andalucía, tend to appreciate well due to limited supply and high demand.
  • Economic outlook in 2027: Spain's economy is projected to grow steadily, supporting property investment and appreciation.
  • Demographic developments: Increasing expatriate and retiree populations in Marbella contribute to sustained demand.
  • Infrastructure plans in 2027: Planned improvements in transportation, amenities, and local services will likely boost property values.
  • Historical WOZ value trends: The WOZ (property tax value) has shown consistent growth, reflecting rising property values and local development investments.

Possible improvements

  • Adding a modern smart home system for enhanced convenience.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor space with landscaping or a private garden.
  • Installing energy-efficient windows and solar panels to reduce utility costs.
  • Refurbishing bathrooms with high-end fixtures.

Description

Discover this stunning, fully renovated three-bedroom apartment in the prestigious Nueva Andalucía area of Marbella, Spain. Perfectly situated in a tranquil yet central location, this Marbella apartment offers spacious living areas filled with natural light and modern finishes throughout. The open-plan living and dining space seamlessly extend to a large private terrace, ideal for outdoor entertaining or enjoying the Mediterranean climate year-round. Each of the three well-proportioned bedrooms provides comfort and versatility, making this Marbella apartment suitable for permanent residence, holiday home, or investment. The property is sold fully furnished, ensuring a hassle-free move-in experience. Located within a secure, well-maintained complex, residents benefit from exceptional amenities including a large swimming pool, landscaped gardens, and a private tennis court. Positioned just minutes from Puerto Banús and Marbella’s renowned beaches, restaurants, shops, and international schools, this Marbella apartment offers unmatched convenience and tranquility. Surrounded by world-class golf courses, it combines the best of Marbella’s lifestyle with privacy and peace. An excellent opportunity to own a spacious, modern apartment in Nueva Andalucía, Spain—perfect for those seeking luxury living in one of Marbella’s most desirable neighborhoods.

Location

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