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Apartment in Nueva Andalucía, 3 bedrooms, 143 m² €895.000

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3
Bedrooms
5
Bathrooms
143 m²
Surface area
€6259
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 143 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 143 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 143 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 143 m² - Afbeelding 3
+21 photos

Analysis

Price
€895.000
Own investment (30%)
€268.500
Buyer costs
€89.500
Estimated nightly rate
€285,75
Expected occupancy rate
75%
Gross rental p/m
€0000
Mortgage costs
-€1.670,67
Maintenance costs
-€119,17
Cleaning costs
-€333,33
Platform fees
-€977,80
Municipal taxes
-€170,99
Tax (19%)
-€616,87
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€285,75
High season
€362
Mid season
€290,58
Low season
€176

Price determining factors

  • Luxury amenities and high-end finishes increase desirability.
  • Proximity to golf courses, beaches, and upscale facilities enhances value.
  • The property’s outdoor terrace and modern design appeal to premium buyers.

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

8.82%

5 Year Return

44.10%

10 Year Return

88.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The property is recently renovated with high-end finishes, which supports value appreciation.
  • Local market trends in 2027: The Marbella/Nueva Andalucía market has shown consistent growth, driven by tourism and luxury demand.
  • Property type: Apartments in this area are highly sought after, especially those with luxury features and outdoor spaces.
  • Economic outlook in 2027: Spain's economy is expected to recover steadily, supporting real estate growth.
  • Demographic developments: An increasing number of affluent buyers and expatriates are moving to the area, boosting demand.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities will enhance property values.
  • Historical WOZ value trends: The WOZ (property tax value) has shown steady growth, indicating rising property values.

Possible improvements

  • Adding a swimming pool or hot tub.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor living spaces with additional landscaping or furniture.
  • Installing smart home technology for added convenience.
  • Improving energy efficiency with solar panels or better insulation.

Description

Experience the perfect blend of contemporary luxury and Mediterranean charm with this beautifully renovated 3-bedroom, 3-bathroom apartment in the highly desirable area of Nueva Andalucía, Spain. Spanning 143 square meters of stylish interior living space, this property offers both elegance and functionality, including a private parking space for added convenience. The modern open-plan design features high-end finishes, sophisticated furnishings, and an abundance of natural light, creating an inviting atmosphere ideal for relaxed living. The highlight of this Nueva Andalucía apartment is its expansive terrace, equipped with an outdoor kitchen and BBQ area—perfect for entertaining guests or enjoying Marbella's year-round sunny climate. Located in one of Marbella’s most sought-after neighborhoods, this home is surrounded by premium golf courses, upscale restaurants, vibrant shops, and essential amenities, providing an exceptional lifestyle opportunity. Whether you're seeking a luxurious primary residence or an investment property in Nueva Andalucía, Spain, this apartment combines contemporary comfort with the timeless appeal of Mediterranean living, making it a standout choice for discerning buyers.

Location

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