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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€5804
Price per m²
Apartment
Property type
+22 photos
Analysis
Price
€696.500
Own investment (30%)
€208.950
30% down payment of purchase price
Buyer costs
€69.650
Buyer costs: 10% of purchase price
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€1.300,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€100
{% 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
-€160,51
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€257,18
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 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
Nightly rates in the area
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