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Apartment in Nueva Andalucía, 3 bedrooms, 123 m² €1.195.000

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3
Bedrooms
2
Bathrooms
123 m²
Surface area
€9715
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 123 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 123 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 123 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 123 m² - Afbeelding 3
+26 photos

Analysis

Price
€1.195.000
Own investment (30%)
€358.500
Buyer costs
€119.500
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€2.230,67
Maintenance costs
-€102,50
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€224,11
Tax (19%)
-€67,82
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: Modern and high-quality finishes enhance value.
  • Local market trends in 2027: Rising property prices in coastal Spain.
  • Property type: Luxury penthouse commands premium prices.
  • Economic outlook in 2027: Strong economic growth supports higher property values.
  • Demographic developments: Growing expatriate and retiree population increases demand.
  • Infrastructure plans in 2027: Improved connectivity and amenities increase desirability.
  • Historical WOZ value trends: Steady increase supports future appreciation.

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

0.73%

5 Year Return

3.65%

10 Year Return

7.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern finishes, which supports steady appreciation.
  • Local market trends in 2027: Expected growth due to increasing demand for coastal properties in Spain.
  • Property type: Luxury duplex penthouse with sea views, highly desirable in the market.
  • Economic outlook in 2027: Positive, with tourism and real estate sectors expected to grow.
  • Demographic developments: Increasing interest from international buyers and retirees.
  • Infrastructure plans in 2027: Upgrades to transportation and amenities in Nueva Andalucía likely to boost property values.
  • Historical WOZ value trends: Consistent increase, indicating a stable appreciation trend.

Possible improvements

  • Adding a swimming pool or hot tub on the rooftop terrace.
  • Upgrading kitchen appliances and finishes.
  • Enhancing outdoor furniture and landscaping for better outdoor appeal.
  • Installing smart home technology for added convenience.
  • Renovating bathrooms for a more modern look.

Description

Experience luxurious coastal living in this modern duplex penthouse with stunning sea views, located in the prestigious Nueva Andalucía area of Spain. This Scandinavian-inspired, three-bedroom property offers a bright, open-plan layout with high-quality finishes throughout, perfect for those seeking a stylish residence near the vibrant Puerto Banús. The spacious living area seamlessly connects to a generous south-facing terrace, ideal for outdoor dining and relaxing under the sun, while a separate utility room adds practicality. The three bedrooms are designed for comfort, with the master suite featuring an elegant en-suite bathroom, all adorned with natural materials and soft tones to create a tranquil atmosphere. Upstairs, the private rooftop terrace provides panoramic sea views and ample space for entertaining, complete with a built-in barbecue and outdoor kitchen, perfect for enjoying the Mediterranean lifestyle. Both terraces face the sea, offering a strong connection to the surrounding landscape. The property includes a private garage and is just a short stroll to local restaurants, shops, and beaches, making it an ideal second home or investment property with high rental potential. Low-maintenance, secure, and stylish, this duplex penthouse in Nueva Andalucía combines contemporary design with the best of coastal Spain living, offering a perfect retreat for those seeking a luxurious lifestyle in Spain’s premier coastal destination.

Location

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