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Apartment in Nueva Andalucía, 3 bedrooms, 150 m² €699.000

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3
Bedrooms
2
Bathrooms
150 m²
Surface area
€4660
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 150 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 150 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 150 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 150 m² - Afbeelding 3
+22 photos

Analysis

Price
€699.000
Own investment (30%)
€209.700
Buyer costs
€69.900
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.304,80
Maintenance costs
-€125
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€161,04
Tax (19%)
-€251,45
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

  • Strong local demand in Marbella, especially in Nueva Andalucía.
  • High-end amenities and proximity to golf courses and luxury services.
  • Tourism and rental market growth in Marbella.

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

4.60%

5 Year Return

23.00%

10 Year Return

46.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern finishes enhance value.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade fixtures and fittings to premium quality.
  • Enhance outdoor spaces with landscaping or additional amenities.

Description

Discover this stunning 3-bedroom, 2-bathroom duplex penthouse in the prestigious Nueva Andalucía area of Marbella, Spain. Nestled in the tranquil and sought-after Phase 1 of Urb. Los Naranjos de Marbella, this luxurious property offers the perfect blend of serenity and accessibility, just a five-minute drive from the vibrant Puerto Banús. Ideal for both peaceful living and investment, this Marbella penthouse boasts expansive living spaces spread over two floors. The open-plan living area seamlessly extends to a spacious terrace with panoramic views of the swimming pool and the iconic La Concha mountain, creating an ideal setting for relaxation and entertainment. The master suite on the upper level features a private terrace with breathtaking vistas of Marbella’s landscape, enhancing your living experience. This property is not only a beautiful holiday retreat but also a lucrative investment opportunity, thanks to its strong rental potential within Marbella’s thriving rental market. Residents enjoy access to lush landscaped gardens, multiple swimming pools, and proximity to high-end shops, gourmet restaurants, and world-class golf courses. Located in the heart of Nueva Andalucía, this Marbella penthouse offers unparalleled lifestyle benefits in a premier location. Don’t miss the chance to own a luxurious, peaceful haven in the most desirable phase of Los Naranjos de Marbella—an exceptional property in Marbella, Spain.

Location

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