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Apartment in Nueva Andalucía, 3 bedrooms, 120 m² €696.500

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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€5804
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 120 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 120 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 120 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 120 m² - Afbeelding 3
+22 photos

Analysis

Price
€696.500
Own investment (30%)
€208.950
Buyer costs
€69.650
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.300,13
Maintenance costs
-€100
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€160,51
Tax (19%)
-€257,18
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

  • Proximity to Marbella's amenities and beaches.
  • Views of sea and gardens.
  • Community facilities like pools and landscaped gardens.
  • Potential for rental income from tourism.

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

4.72%

5 Year Return

23.60%

10 Year Return

47.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern interior enhances value.
  • Local market trends in 2027: Expected growth due to high demand in Marbella region.
  • Property type: Popular apartment style in a sought-after area.
  • Economic outlook in 2027: Positive, with tourism and real estate sectors expected to grow.
  • Demographic developments: Increasing expatriate and retiree populations boosting demand.
  • Infrastructure plans in 2027: Improvements in transportation and amenities likely to support property values.
  • Historical WOZ value trends: Steady increase reflecting rising property prices.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade flooring and fixtures.
  • Enhance outdoor terrace with furniture or landscaping.
  • Add smart home features for convenience.

Description

Discover this exceptional elevated ground floor 3-bedroom apartment in the sought-after Nueva Andalucía area of Spain. Situated within the exclusive Las Tortugas de Aloha urbanization, this residence offers stunning sea and garden views, blending tranquility with convenient access to Marbella's vibrant lifestyle. The well-maintained, secure community features Mediterranean-style architecture, lush landscaped gardens, and a communal pool with panoramic vistas, perfect for relaxing and entertaining. Just steps from Lago de Las Tortugas, residents can enjoy peaceful walks, outdoor activities, and scenic nature escapes. Inside, the spacious apartment is filled with natural light, with large terrace doors opening onto a generous elevated terrace — ideal for outdoor dining and enjoying the Mediterranean climate. The modern, fully equipped white kitchen seamlessly connects to the living and dining areas, creating a welcoming space for family and guests. The master suite boasts an en-suite bathroom and private access to the terrace, offering breathtaking views of the gardens and sea. Additional amenities include a private underground garage, a large storeroom for extra storage, and access to a serene communal pool and sunbathing area. Located just minutes from Puerto Banús, top golf courses, international schools, and fine dining options, this property in Nueva Andalucía provides the perfect balance of relaxed living and cosmopolitan convenience. An ideal investment or family home in Spain’s sought-after Marbella region.

Location

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