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Apartment in Nueva Andalucía, 3 bedrooms, 119 m² €1.350.000

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3
Bedrooms
3
Bathrooms
119 m²
Surface area
€11345
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 119 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 119 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 119 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 119 m² - Afbeelding 3
+81 photos

Analysis

Price
€1.350.000
Own investment (30%)
€405.000
Buyer costs
€135.000
Estimated nightly rate
€223,23
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€2.520
Maintenance costs
-€99,17
Cleaning costs
-€333,33
Platform fees
-€621,28
Municipal taxes
-€222,88
Tax (19%)
-€65,59
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

  • Proximity to golf courses and beaches: Enhances desirability.
  • Quality of amenities: Pools, gym, gardens add value.
  • Views and outdoor space: Sea views and sunny terraces are highly valued.
  • Property condition: Modern finishes and renovations boost value.
  • Local development projects: New commercial and recreational facilities planned.

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

0.62%

5 Year Return

3.10%

10 Year Return

6.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, likely to attract higher rental yields and appreciation.
  • Local market trends in 2027: Expected to remain strong due to high demand in Marbella and Nueva Andalucía.
  • Property type: Luxury apartment in a desirable area, which typically appreciates well.
  • Economic outlook in 2027: Positive growth expected in Spain, supporting property value increases.
  • Demographic developments: Increasing number of retirees and expatriates seeking luxury properties.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Marbella.
  • Historical WOZ value trends: Consistent increase over past years, indicating rising property values.

Possible improvements

  • Adding smart home technology
  • Upgrading kitchen appliances and fixtures
  • Enhancing outdoor living spaces with additional features
  • Implementing energy-efficient systems
  • Renovating bathrooms for modern aesthetics

Description

Discover this luxurious fully renovated apartment in the sought-after area of Nueva Andalucía, Spain, offering the perfect blend of modern elegance and Mediterranean charm. Located just minutes from the prestigious Aloha Golf course, this stunning property provides an ideal retreat for families, retirees, or investors seeking high rental yields. Featuring three spacious bedrooms and three contemporary bathrooms, the apartment boasts a bright, open-plan living area with top-quality finishes and a modern kitchen. The expansive sunny terrace offers breathtaking sea views, creating an exceptional space for outdoor dining and relaxation. Residents enjoy access to two beautifully maintained swimming pools, a fully equipped gym, lush gardens, and secure communal areas, ensuring comfort and privacy. Situated only 3.5 km from Aloha College and close to Marbella’s vibrant shopping, dining, and entertainment venues, this property presents a prime investment opportunity with strong short-term rental potential in one of Spain’s most desirable locations. Whether for personal residence or rental income, this Nueva Andalucía apartment combines luxury, convenience, and investment promise in the heart of Marbella.

Location

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