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Apartment in Nueva Andalucía, 3 bedrooms, 124 m² €749.000

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3
Bedrooms
2
Bathrooms
124 m²
Surface area
€6040
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 124 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 124 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 124 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 124 m² - Afbeelding 3
+26 photos

Analysis

Price
€749.000
Own investment (30%)
€224.700
Buyer costs
€74.900
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.398,13
Maintenance costs
-€103,33
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€171,66
Tax (19%)
-€235,81
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

  • High demand for luxury apartments with sea and mountain views.
  • Proximity to golf courses, beaches, and Marbella's amenities.
  • Renovated condition and modern design appeal to buyers.
  • Limited supply of similar high-end properties in the area.

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

4.03%

5 Year Return

20.15%

10 Year Return

40.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports value retention and growth.
  • Local market trends in 2027: Expected continued demand for luxury properties in Costa del Sol due to its popularity and climate.
  • Property type: Apartments in a desirable area tend to appreciate steadily, especially with amenities and views.
  • Economic outlook in 2027: Spain's economy is projected to grow moderately, supporting real estate investment.
  • Demographic developments: Increasing demand from international buyers and retirees seeking luxury homes.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Marbella and Nueva Andalucía.
  • Historical WOZ value trends: Consistent increase in property values and taxes in the region, indicating appreciation.

Possible improvements

  • Adding a private jacuzzi or pool on one of the terraces.
  • Upgrading kitchen appliances and fixtures for modern appeal.
  • Enhancing outdoor spaces with landscaping or outdoor furniture.
  • Installing smart home technology for added convenience.

Description

Discover this beautifully renovated duplex apartment in Nueva Andalucía, Spain, offering breathtaking sea and mountain views. Nestled within a tranquil corner of a boutique gated community, this stunning property combines peaceful surroundings with convenient access to Marbella's vibrant lifestyle. The apartment's open-plan design features a modern kitchen with sleek cabinetry and new appliances, seamlessly flowing into the spacious living and dining area. Floor-to-ceiling sliding doors lead to a balcony showcasing panoramic Mediterranean Sea and La Concha mountain vistas. Upstairs, enjoy three bedrooms and two bathrooms, including a luxurious master suite with a large terrace perfect for soaking in the spectacular scenery. Four private terraces provide ideal spots for sunbathing or relaxing in shade, all while admiring the sea and mountain backdrop. This exclusive property also offers access to a communal garden and a beautiful swimming pool, ideal for enjoying Costa del Sol’s year-round sunshine. Fully furnished in a contemporary Scandinavian style, the apartment is move-in ready, offering 163m2 of living space, 42m2 of terraces, and a prime east-facing position. Located just minutes from top golf courses, Puerto Banús, Marbella’s finest restaurants, and beaches, this Nueva Andalucía property is a perfect investment opportunity in Spain’s sought-after Costa del Sol market. With excellent accessibility to airports, amenities, and public transport, this is an opportunity not to be missed for discerning buyers seeking a luxurious home in Spain.

Location

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