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Apartment in Nueva Andalucía, 3 bedrooms, 120 m² €730.000

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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€6083
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
+27 photos

Analysis

Price
€730.000
Own investment (30%)
€219.000
Buyer costs
€73.000
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.362,67
Maintenance costs
-€100
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€167,62
Tax (19%)
-€243,95
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

  • Property condition: Renovated and move-in ready, supporting higher prices.
  • Local market trends in 2027: Rising property prices in prime locations.
  • Property type: Luxury penthouse with premium features.
  • Economic outlook in 2027: Stable economic environment fostering investment.
  • Demographic developments: Growing expatriate and retiree population increasing demand.
  • Infrastructure plans in 2027: New developments and upgrades boosting property values.

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

4.27%

5 Year Return

21.35%

10 Year Return

42.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and renovated, increasing desirability and value.
  • Local market trends in 2027: Expected growth in luxury property demand on Costa del Sol due to tourism and expatriate influx.
  • Property type: High-demand penthouse with premium features.
  • Economic outlook in 2027: Positive, with steady economic growth in Spain and Europe.
  • Demographic developments: Increasing number of retirees and expatriates seeking luxury homes.
  • Infrastructure plans in 2027: Improvements in transportation and amenities enhancing accessibility and attractiveness.

Possible improvements

  • Adding a hot tub or jacuzzi on the terrace.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing interior decor for modern appeal.
  • Installing smart home technology.
  • Improving energy efficiency with solar panels or better insulation.

Description

Discover this stunning penthouse in the coveted Nueva Andalucía, Spain, offering the ultimate blend of luxury, comfort, and breathtaking views on the Costa del Sol. This beautifully renovated property features three spacious bedrooms and two modern bathrooms within a 120 m² living area, showcasing an elegant and contemporary design. Step out onto the impressive 50 m² south-facing terrace, perfect for basking in the sun and enjoying panoramic vistas of the sea and mountains — ideal for relaxing or entertaining guests. The interior boasts high-quality furnishings, a fully fitted kitchen, and open-plan living spaces, making it move-in ready for those seeking a luxurious holiday home or permanent residence in Spain. Situated in a secure gated complex, residents benefit from amenities such as a communal swimming pool, lush gardens, private underground parking, elevator access, and 24-hour security, ensuring maximum comfort and peace of mind. Located close to renowned golf courses, schools, shops, and just minutes from the Mediterranean Sea, this Nueva Andalucía penthouse presents a rare opportunity to own a premium property on the Costa del Sol. Whether you're looking for a holiday retreat or a permanent home in Spain’s most sought-after area, this penthouse combines prime location, exceptional features, and stunning surroundings — making it an ideal investment in Nueva Andalucía, Spain.

Location

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