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Apartment in Nueva Andalucía, 3 bedrooms, 125 m² €795.000

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3
Bedrooms
3
Bathrooms
125 m²
Surface area
€6360
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 125 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 125 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 125 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 125 m² - Afbeelding 3
+28 photos

Analysis

Price
€795.000
Own investment (30%)
€238.500
Buyer costs
€79.500
Estimated nightly rate
€223,23
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.484
Maintenance costs
-€104,17
Cleaning costs
-€333,33
Platform fees
-€621,28
Municipal taxes
-€181,44
Tax (19%)
-€269,35
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€223,23
High season
€299
Mid season
€214,17
Low season
€159

Price determining factors

  • Location in Nueva Andalucía, a prestigious area.
  • Proximity to Puerto Banús and Marbella's amenities.
  • Modern renovation and luxury features.
  • Outdoor amenities like private garden, hot tub, and outdoor kitchen.
  • Views of the mountains and outdoor entertaining spaces.

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

4.33%

5 Year Return

21.65%

10 Year Return

43.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and renovated, likely to attract premium buyers and tenants.
  • Local market trends in 2027: Expected growth in Marbella's luxury real estate market due to tourism and international interest.
  • Property type: Apartment in a high-demand area, which generally appreciates well in prime locations.
  • Economic outlook in 2027: Positive, with steady growth in Spain and the Eurozone supporting real estate investments.
  • Demographic developments: Increasing demand from expatriates and retirees seeking luxury properties in Marbella.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and services in Nueva Andalucía and Marbella.
  • Historical WOZ value trends: Consistent increase over the past years, indicating rising property values and local development.

Possible improvements

  • Adding a swimming pool or enhancing outdoor leisure areas.
  • Upgrading smart home technology for increased convenience.
  • Improving energy efficiency with solar panels or better insulation.
  • Renovating interior design to match current luxury trends.
  • Expanding outdoor living space or adding a covered terrace.

Description

Discover luxurious living in this beautifully renovated ground-floor apartment located in the prestigious Nueva Andalucía area of Marbella, Spain. Perfectly situated just a short stroll from the vibrant Puerto Banús, this modern residence offers an exceptional blend of elegance and comfort. The spacious three-bedroom layout features en-suite bathrooms in each room, providing privacy and convenience, complemented by a stylish guest toilet. The contemporary design emphasizes sleek lines and functional spaces, creating a sophisticated ambiance ideal for enjoying the Marbella lifestyle. Step outside to your private garden, where breathtaking mountain views set the scene for outdoor entertaining or relaxing in style. The property boasts a private hot tub and outdoor kitchen, making it perfect for hosting gatherings or unwinding after a day exploring Marbella's vibrant marina and scenic surroundings. This exclusive Nueva Andalucía apartment combines prime location, modern luxury, and exceptional amenities, making it a unique opportunity to invest in Marbella real estate in Spain.

Location

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