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3
Bedrooms
2
Bathrooms
131 m²
Surface area
€
€5229
Price per m²
Apartment
Property type
+35 photos
Analysis
Price
€685.000
Own investment (30%)
€205.500
30% down payment of purchase price
Buyer costs
€68.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage costs
-€1.278,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€109,17
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
-€158,06
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€259,98
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
- Economic outlook in 2027: A stable or growing economy on the Costa del Sol will positively influence property values.
- Demographic developments: Increasing number of expatriates and tourists seeking holiday homes or investment properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and local services will enhance property appeal.
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
4.85%
5 Year Return
24.25%
10 Year Return
48.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value appreciation.
- Local market trends in 2027: Expected continued demand for properties in prime locations like Nueva Andalucía, boosting prices.
- Property type: Apartments in high-demand areas tend to appreciate steadily, especially with vacation rental potential.
Possible improvements
- Adding modern smart home features.
- Upgrading kitchen appliances or bathroom fixtures.
- Enhancing outdoor space with landscaping or additional amenities.
Description
Discover this beautifully renovated 3-bedroom apartment in Nueva Andalucía, Spain, a prime location just minutes from Puerto Banús, Centro Plaza, and stunning beaches. This spacious, bright first-floor corner residence offers 124m2 of meticulously designed living space, including a modern kitchen with Bosch appliances, two luxurious bathrooms with walk-in showers, and a large living and dining area flooded with natural light and picturesque views of La Concha mountain. All bedrooms feature built-in wardrobes, with two offering extra space for a home office or dressing area. Step outside onto the generous terrace accessible from the living room and master bedroom—perfect for relaxing or alfresco dining. The apartment is situated in a secure, well-maintained community with 24-hour security, three swimming pools—including an Olympic-sized and heated pool—and lush communal gardens. Additional features include wooden floors, energy-efficient water heater, new A/C units, a covered utility/storage room, and an included underground parking space. The property boasts a valid Local Planning Ordinance (LPO) in place, allowing vacation rentals, making it an excellent investment opportunity in Nueva Andalucía, Spain. With high rental demand for long-term and short-term stays, this home caters to families or investors seeking a premium property in Spain’s Costa del Sol. Conveniently located near all amenities, shops, restaurants, and supermarkets, this apartment combines luxury, functionality, and location – a true gem in Nueva Andalucía.
Location
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