You can view 2 more properties. Log in for unlimited access.
3
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€6583
Price per m²
Apartment
Property type
+15 photos
Analysis
Price
€790.000
Own investment (30%)
€237.000
30% down payment of purchase price
Buyer costs
€79.000
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
Sign in to view
Mortgage costs
-€1.474,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€100
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
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€180,38
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€220,25
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.
Nightly Rates
Estimated nightly rate
€205,92
High season
€274
Mid season
€197,50
Low season
€142
Price determining factors
- Property condition: Modern interiors and amenities enhance value.
- Local market trends in 2027: Rising property prices in luxury segments.
- Property type: Apartments in desirable locations tend to retain and increase value.
- Economic outlook in 2027: Economic stability supports property appreciation.
- Demographic developments: Growing affluent and expatriate communities.
- Infrastructure plans in 2027: Upgrades to transport and leisure facilities.
- Historical WOZ value trends: Increasing property tax assessments reflect rising market values.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| 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
3.57%
5 Year Return
17.85%
10 Year Return
35.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained interiors and communal amenities support value appreciation.
- Local market trends in 2027: Growing demand for luxury properties in Nueva Andalucía due to tourism and expatriate influx.
- Property type: Apartments in prime locations tend to appreciate steadily, especially with amenities.
- Economic outlook in 2027: Expected moderate growth in Spain's economy, boosting real estate investments.
- Demographic developments: Increasing expatriate and retiree populations in the area.
- Infrastructure plans in 2027: Planned improvements in transportation and local facilities will enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade interior finishes and fixtures.
- Enhance outdoor spaces, such as balcony or terrace.
- Add smart home features for convenience.
- Improve energy efficiency with new windows or insulation.
Description
Experience luxurious living in this exquisite 3-bedroom, 2-bathroom apartment nestled in the vibrant heart of Nueva Andalucía, Spain. Perfectly situated close to world-renowned golf courses, top-rated schools, pristine beaches, and a variety of restaurants and shops, this property offers an unbeatable location for both permanent residents and holidaymakers. The apartment boasts modern interiors, a private underground garage, and a spacious storage room, ensuring convenience and security. Residents can enjoy beautifully maintained communal gardens and two inviting swimming pools, ideal for relaxation and leisure. Whether you're seeking a permanent residence or a lucrative investment, this Nueva Andalucía apartment combines comfort, style, and prime location, making it a standout choice in Spain’s sought-after property market.
Location
Similar properties in Nueva Andalucía
9.64% ROI per year
Apartment in Nueva Andalucía, 4 bedrooms, 125 m²
Nueva Andalucía, Spain
€795.000
€2.554,97/pm
125 m²
4 bed
2 bath
3.65% ROI per year
Apartment in Nueva Andalucía, 3 bedrooms, 110 m²
Nueva Andalucía, Spain
€785.000
€954,12/pm
110 m²
3 bed
2 bath
3.43% ROI per year
Apartment in Nueva Andalucía, 3 bedrooms, 163 m²
Nueva Andalucía, Spain
€795.000
€909,97/pm
163 m²
3 bed
2 bath
9.60% ROI per year
Apartment in Nueva Andalucía, 4 bedrooms, 112 m²
Nueva Andalucía, Spain
€795.000
€2.545,24/pm
112 m²
4 bed
2 bath
4.61% ROI per year
Apartment in Nueva Andalucía, 3 bedrooms, 140 m²
Nueva Andalucía, Spain
€770.000
€1.183,70/pm
140 m²
3 bed
3 bath
4.65% ROI per year
Apartment in Nueva Andalucía, 3 bedrooms, 145 m²
Nueva Andalucía, Spain
€765.000
€1.185,31/pm
145 m²
3 bed
3 bath
1.35% ROI per year
Apartment in Nueva Andalucía, 2 bedrooms, 169 m²
Nueva Andalucía, Spain
€825.000
€370,72/pm
169 m²
2 bed
2 bath
3.33% ROI per year
Apartment in Nueva Andalucía, 3 bedrooms, 101 m²
Nueva Andalucía, Spain
€825.000
€916,50/pm
101 m²
3 bed
2 bath
3.32% ROI per year
Apartment in Nueva Andalucía, 3 bedrooms, 105 m²
Nueva Andalucía, Spain
€825.000
€913,80/pm
105 m²
3 bed
2 bath
1.54% ROI per year
Apartment in Nueva Andalucía, 2 bedrooms, 100 m²
Nueva Andalucía, Spain
€825.000
€423,75/pm
100 m²
2 bed
2 bath
Interested in this property?
Register your interest and we'll connect you directly with the seller. No obligations.
Sign up and register interestNightly rates in the area
Questions? Chat with us!