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Apartment in Nueva Andalucía, 3 bedrooms, 140 m² €630.000

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3
Bedrooms
3
Bathrooms
140 m²
Surface area
€4500
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 140 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 140 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 140 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 140 m² - Afbeelding 3
+24 photos

Analysis

Price
€630.000
Own investment (30%)
€189.000
Buyer costs
€63.000
Estimated nightly rate
€223,23
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.176
Maintenance costs
-€116,67
Cleaning costs
-€333,33
Platform fees
-€621,28
Municipal taxes
-€146,38
Tax (19%)
-€332,16
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

  • Proximity to Puerto Banús and amenities: High desirability boosts property value.
  • Views and outdoor space: South-facing terrace and open views add premium value.
  • Community facilities: Pool and gardens increase attractiveness.
  • Property condition: Modern, well-maintained condition supports higher pricing.
  • Local demand for holiday rentals: Strong rental market can elevate property prices.

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

6.74%

5 Year Return

33.70%

10 Year Return

67.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartment with recent updates enhances value.
  • Local market trends in 2027: Growing demand for holiday rentals and luxury properties on Costa del Sol.
  • Property type: Apartments in high-demand tourist and residential area attract consistent interest.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports property appreciation.
  • Demographic developments: Increasing expatriate and retiree population boosts demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and services enhance attractiveness.
  • Historical WOZ value trends: Steady increase in property taxes indicates rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade outdoor terrace with outdoor furniture or landscaping.
  • Add smart home features for convenience and security.
  • Improve energy efficiency with new windows or insulation.
  • Enhance interior decor to appeal to luxury buyers.

Description

Discover this stunning property in Nueva Andalucía, Spain, offering an exceptional blend of location, spacious interiors, and outdoor living. Perfectly positioned just an 8-minute walk from Puerto Banús, this residence provides convenient access to the vibrant marina, luxury shopping, and renowned golf courses. The property features 140 m² of bright, open-plan living space and a generous 38 m² south-facing terrace with open views of lush community gardens and a shared pool. An additional private terrace accessed from the master bedroom enhances outdoor living options. Designed with natural light in mind, the apartment’s staggered structure ensures luminous interiors even on the ground floor. The spacious living and dining areas seamlessly connect to the main terrace through large glass doors, ideal for entertaining. The modern kitchen includes a breakfast nook and utility room, perfect for daily living. With three large bedrooms, including a master suite with dressing area and en-suite bathroom, the home caters to families or discerning buyers. Additional guest bedrooms feature en-suite baths, with a third bathroom serving as a guest toilet. Situated in a secure, tranquil complex surrounded by well-maintained gardens, residents enjoy access to a large communal swimming pool and sunbathing areas. This property in Nueva Andalucía, Spain, represents an excellent investment opportunity for holiday rentals, long-term leasing, or permanent residence on the Costa del Sol, thanks to its prime location and premium features.

Location

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