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3
Bedrooms
3
Bathrooms
135 m²
Surface area
€
€8148
Price per m²
Apartment
Property type
+24 photos
Analysis
Price
€1.100.000
Own investment (30%)
€330.000
30% down payment of purchase price
Buyer costs
€110.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€223,23
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage costs
-€2.053,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€112,50
{% trans '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
-€621,28
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€207,29
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€154,68
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.
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Log inNightly Rates
Estimated nightly rate
€223,23
High season
€299
Mid season
€214,17
Low season
€159
Price determining factors
- Proximity to Puerto Banús and beaches: High desirability boosts property value.
- Community amenities: Pool, gardens, and secure parking add value.
- Views and outdoor spaces: Sea views and terraces increase attractiveness.
- Property condition: The need for updates could temporarily limit value but also offers renovation opportunities.
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
1.80%
5 Year Return
9.00%
10 Year Return
18.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property is in need of updating, which may initially limit ROI but offers potential for value enhancement.
- Local market trends in 2027: The Costa del Sol region is expected to continue attracting international buyers and tourists, supporting property value growth.
- Property type: As a duplex penthouse, it offers unique appeal and exclusivity, likely to retain value.
- Economic outlook in 2027: Spain's economy is projected to stabilize and grow modestly, positively influencing real estate prices.
- Demographic developments: Increasing expatriate and retiree populations in the area will sustain demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and tourism infrastructure will enhance property appeal.
- Historical WOZ value trends: Past trends indicate steady appreciation, with potential for accelerated growth due to regional development.
Possible improvements
- Update and modernize the kitchen and bathrooms.
- Enhance outdoor living spaces with new furniture or landscaping.
- Implement energy-efficient upgrades to reduce utility costs.
- Renovate interior decor to appeal to modern tastes.
Description
Discover this stunning duplex penthouse for sale in the prestigious Andalucia Alta community, located in the vibrant area of Nueva Andalucía, Spain. Built in 1995, this gated residential development features 55 modern apartments and penthouses spread across six secure buildings, offering residents privacy and tranquility. The community's central pool area and beautifully maintained mature gardens with a dedicated children's playground provide the perfect environment for relaxation and family living. Each building benefits from underground parking and convenient elevators, ensuring easy access. Situated at the entrance of Nueva Andalucía, this property offers unparalleled proximity to Puerto Banús, renowned supermarkets, top-tier restaurants, and stunning beaches, all just a short stroll away. The spacious entrance-level features a bright living and dining area with access to two southwest-facing terraces, showcasing breathtaking sea views. The larger terrace serves as an ideal outdoor living space with a BBQ area, perfect for entertaining. The living room is equipped with an open fireplace for cozy winter evenings. This level includes two bedroom suites, while the master suite is located on the upper floor, offering additional sea views from the private terrace. The functional kitchen, though in need of updating, provides ample space for customization. The property includes underground parking for two cars and a storage room, with easy elevator access. Whether you're seeking a permanent residence or a holiday retreat, this Andalucia Alta duplex penthouse in Nueva Andalucía presents an exceptional opportunity to enjoy the best of Spain's Costa del Sol.
Location
Nightly rates in the area
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