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3
Bedrooms
2
Bathrooms
118 m²
Surface area
€
€4229
Price per m²
Apartment
Property type
+4 photos
Analysis
Price
€499.000
Own investment (30%)
€149.700
30% down payment of purchase price
Buyer costs
€49.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage costs
-€931,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€98,33
{% 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
-€573,10
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€118,54
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€335,52
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
€205,92
High season
€274
Mid season
€197,50
Low season
€142
Price determining factors
- Proximity to amenities, shops, and schools.
- Good condition of the property and modern features.
- Desirable location in Nueva Andalucía.
- Community amenities like pool and gardens.
- South-facing orientation for natural light.
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
8.60%
5 Year Return
43.00%
10 Year Return
86.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and move-in ready, which supports steady appreciation.
- Local market trends in 2027: Expected continued demand for properties in Costa del Sol due to tourism and expatriate influx.
- Property type: Apartments in popular areas tend to appreciate steadily, especially with amenities.
- Economic outlook in 2027: Positive economic growth in Spain and Europe could boost property values.
- Demographic developments: Increasing expatriate and retiree populations in Costa del Sol support demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Add smart home features for increased convenience.
- Upgrade flooring or fixtures to boost aesthetic value.
- Improve outdoor space or terrace with landscaping or furniture.
- Enhance energy efficiency with solar panels or insulation.
Description
Discover this charming middle-floor apartment in the sought-after area of Nueva Andalucía on the Costa del Sol, Spain. Offering 3 spacious bedrooms and 2 modern bathrooms, this property spans 118 square meters of comfortable living space, complemented by an 8-square-meter terrace perfect for outdoor relaxation. Situated in a vibrant urbanisation, the apartment boasts excellent connectivity with proximity to shops, schools, and the town center, making it an ideal choice for families and investors alike. The south-facing orientation ensures abundant natural light throughout the day, while the good condition of the residence promises a move-in ready experience. Residents enjoy access to a communal swimming pool, lush gardens, and a range of amenities including a fully fitted kitchen, fitted wardrobes, and a private terrace. Additional features such as air conditioning, double glazing, fiber optic internet, and accessibility for people with reduced mobility enhance comfort and convenience. Secure parking is available in the underground garage, and the gated complex offers peace of mind. Located in the heart of Nueva Andalucía, this resale property combines comfort, location, and modern features, making it a prime opportunity for those seeking a stylish home or investment property on the Costa del Sol, Spain.
Location
Nightly rates in the area
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