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3
Bedrooms
2
Bathrooms
118 m²
Surface area
€
€5720
Price per m²
Apartment
Property type
+21 photos
Analysis
Price
€675.000
Own investment (30%)
€202.500
30% down payment of purchase price
Buyer costs
€67.500
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
-€1.260
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
-€155,94
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€265,99
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
- Property condition: Renovations increase desirability.
- Local market trends in 2027: Rising property prices driven by tourism and foreign investment.
- Property type: Apartments in popular areas tend to appreciate faster.
- Economic outlook in 2027: Stable economic growth supports property value increase.
- Demographic developments: Growing expatriate community enhances demand.
- Infrastructure plans in 2027: New developments and upgrades improve accessibility.
- Historical WOZ value trends: Steady increase indicating market confidence.
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
5.04%
5 Year Return
25.20%
10 Year Return
50.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Recently renovated, modern finishes enhance value.
- Local market trends in 2027: Expected growth due to tourism and foreign investment.
- Property type: High-demand apartment in a sought-after area.
- Economic outlook in 2027: Positive, with steady growth in Spain and Costa del Sol.
- Demographic developments: Increasing expatriate and retiree population.
- Infrastructure plans in 2027: Improvements in transportation and amenities boost attractiveness.
- Historical WOZ value trends: Consistent appreciation reflecting market stability.
Possible improvements
- Adding a modernized kitchen or bathrooms.
- Enhancing outdoor space with landscaping or additional features.
- Upgrading fixtures and appliances for higher appeal.
- Implementing smart home technology.
- Improving energy efficiency with solar panels or insulation.
Description
Discover this stunning 3-bedroom corner apartment in La Maestranza, nestled in the heart of Nueva Andalucía, Spain. Perfectly positioned within a secure, gated community renowned for its Andalusian charm, this property offers both luxury and convenience. With 118 m² of bright, modern living space, the apartment benefits from abundant natural light thanks to its corner location. Recently renovated, it features a contemporary kitchen and updated bathrooms, creating a fresh and inviting atmosphere. Step onto the spacious east/south-facing terrace, complete with a charming pergola—ideal for relaxing or entertaining while enjoying picturesque views of La Concha mountain. Located within walking distance to supermarkets, cafes, restaurants, Centro Plaza, and the world-famous Puerto Banús, this property provides unparalleled access to the vibrant lifestyle of Nueva Andalucía. The community amenities include two swimming pools, one heated, perfect for leisure or fitness, along with underground parking and a utility room. With a First Occupation Licence (LPO), this apartment is ideal for personal residence or investment through rentals in the sought-after Nueva Andalucía area of Spain. Experience the best of Costa del Sol living with this exceptional property in Nueva Andalucía, Spain.
Location
Nightly rates in the area
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