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Apartment in Nueva Andalucía, 3 bedrooms, 135 m² €520.000

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3
Bedrooms
2
Bathrooms
135 m²
Surface area
€3852
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 135 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 135 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 135 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 135 m² - Afbeelding 3
+35 photos

Analysis

Price
€520.000
Own investment (30%)
€156.000
Buyer costs
€52.000
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€970,67
Maintenance costs
-€112,50
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€123
Tax (19%)
-€324,53
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

  • Proximity to golf courses and beaches increases desirability.
  • Availability of local amenities and schools enhances attractiveness.
  • Potential for rental income growth due to holiday license and location.
  • Market demand for properties with potential to convert or expand.

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

7.98%

5 Year Return

39.90%

10 Year Return

79.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, fully furnished, minimal immediate renovation needed.
  • Local market trends in 2027: Growing demand for holiday rentals and family residences in Nueva Andalucía.
  • Property type: Ground-floor apartment with potential to convert to a four-bedroom, appealing to families and investors.
  • Economic outlook in 2027: Stable with potential growth driven by tourism and real estate investments.
  • Demographic developments: Increasing number of expatriates and retirees seeking properties in desirable locations.
  • Infrastructure plans in 2027: Improvements in transportation and amenities could enhance property value.
  • Historical WOZ value trends: Consistent appreciation reflecting increasing property values in the area.

Possible improvements

  • Fresh paint and minor cosmetic updates to enhance appeal.
  • Adding modern fixtures or appliances to increase rental appeal.
  • Landscaping or outdoor improvements to boost curb appeal.
  • Potential conversion of the third bedroom into a four-bedroom layout.

Description

Discover this exceptional south-facing ground floor apartment in the sought-after area of Nueva Andalucía, Spain. Perfectly positioned within a secure gated community, this property offers a seamless blend of comfort, convenience, and investment potential in the heart of the Golf Valley. Residents will enjoy easy access to local amenities, including an on-site supermarket and charming cafes, with two schools within walking distance and two more just 1,000 meters away, making it ideal for families. Golf enthusiasts will appreciate being only 500 meters from La Dama de Noche golf course and 900 meters from Aloha Golf. Spanning 135 square meters, this bright and spacious apartment boasts a south-facing orientation, ensuring abundant natural sunlight throughout the year. The ground-floor layout features three double bedrooms and two full bathrooms, with potential to convert into a four-bedroom home, boosting its market value and rental income. The property is well-maintained, sold fully furnished, and requires only a fresh coat of paint to become market-ready. With a valid holiday rental license and just 1,850 meters from the beach, this Nueva Andalucía property in Spain presents an excellent investment opportunity for families seeking a permanent residence near top schools or investors aiming to capitalize on the thriving Golf Valley rental market. Don’t miss this chance to own a prime property in one of Spain’s most desirable locations for real estate investment.

Location

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