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3
Bedrooms
2
Bathrooms
140 m²
Surface area
€
€4250
Price per m²
Apartment
Property type
+21 photos
Analysis
Price
€595.000
Own investment (30%)
€178.500
30% down payment of purchase price
Buyer costs
€59.500
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
-€1.110,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€116,67
{% 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
-€573,10
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€138,94
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€294,11
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
€205,92
High season
€274
Mid season
€197,50
Low season
€142
Price determining factors
- Proximity to beaches and city center: Premium location increases value.
- Quality of renovation: Modern Scandinavian style appeals to high-end buyers.
- Urbanization quality: Located in a sought-after urbanization with amenities.
- Views and outdoor space: Expansive terrace with panoramic views adds value.
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
6.32%
5 Year Return
31.60%
10 Year Return
63.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports higher ROI.
- Local market trends in 2027: Expected to remain strong due to high demand in Marbella and Nueva Andalucia.
- Property type: Apartments in a desirable area tend to appreciate steadily.
- Economic outlook in 2027: Positive, with tourism and real estate sectors likely to grow.
- Demographic developments: Increasing demand from expatriates and affluent buyers.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property value.
- Historical WOZ value trends: Consistent growth in property taxes indicates rising property values.
Possible improvements
- Adding a private pool or jacuzzi.
- Upgrading kitchen appliances and finishes.
- Enhancing outdoor living space with furniture or landscaping.
- Installing smart home technology.
- Improving energy efficiency with solar panels or better insulation.
Description
Discover this stunning 3-bedroom apartment in the highly sought-after Nueva Andalucia neighborhood of Spain. Renovated to a modern Scandinavian aesthetic, this elegant residence combines contemporary comfort with sophisticated design. The spacious interior is flooded with natural light, creating a warm and inviting atmosphere perfect for relaxation. The highlight of this property is the expansive half-covered terrace, ideal for enjoying Marbella's beautiful climate and panoramic views. Featuring three generous bedrooms, including a luxurious master suite with an en-suite bathroom, this apartment offers ample space for family living or investment. Located just a one-minute walk from Aloha College, it provides unparalleled convenience for families and professionals alike. The pristine Marbella beaches are only a 5-minute drive away, offering easy access to sun, sand, and sea, while Marbella city center is just 10 minutes by car, placing vibrant entertainment, dining, and shopping options within reach. Situated in one of the most coveted urbanizations in Nueva Andalucia, this property is perfect for those seeking a luxurious and centrally located home in Spain. Don’t miss the opportunity to own this exceptional apartment in Marbella, Spain. Contact us today to schedule a viewing and experience the best of Marbella living in Nueva Andalucia.
Location
Nightly rates in the area
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