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3
Bedrooms
2
Bathrooms
161 m²
Surface area
€
€6739
Price per m²
Apartment
Property type
+14 photos
Analysis
Price
€1.085.000
Own investment (30%)
€325.500
30% down payment of purchase price
Buyer costs
€108.500
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
-€2.025,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€134,17
{% 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
-€204,64
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€104,52
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
- Luxury location with panoramic views.
- Proximity to amenities, beaches, and Puerto Banus.
- High-quality community security and facilities.
- Potential for renovation and modern upgrades.
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
1.23%
5 Year Return
6.15%
10 Year Return
12.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with potential for upgrades to increase value.
- Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand.
- Property type: High-demand luxury penthouse with extensive terrace space.
- Economic outlook in 2027: Positive, with stable growth in Spain and the Costa del Sol region.
- Demographic developments: Increasing number of affluent retirees and expatriates seeking luxury properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Nueva Andalucía.
- Historical WOZ value trends: Consistent appreciation reflecting regional growth.
Possible improvements
- Open-plan kitchen renovation to modernize the space.
- Upgrading bathrooms and fixtures for luxury appeal.
- Enhancing outdoor terrace with additional amenities or landscaping.
- Installing smart home technology for added convenience.
Description
Discover an exceptional penthouse in Nueva Andalucía, Spain, offering nearly 300 square meters of wrap-around terrace space that surrounds this stunning three-bedroom apartment. Boasting panoramic views, residents can enjoy breathtaking vistas of the Mediterranean Sea, the scenic mountains, and the sparkling pool area. Positioned in the sought-after Lorcrimar V complex, the property benefits from South and West orientations, ensuring abundant sunshine throughout the day. Located in the last phase of the development, it is situated away from the A7 highway, providing complete tranquility and no road noise. The spacious apartment features three bedrooms and two bathrooms, including a luxurious en-suite. The well-sized kitchen offers potential for renovation—many future owners may choose to open up the living and kitchen areas for a more modern, open-plan layout. The secure gated community includes 24-hour security, two private garage spaces, and access to exclusive amenities. Its prime location grants easy access to local conveniences such as a pizzeria, mini-market, gym, and paddle tennis club with a restaurant. The vibrant Puerto Banus and San Pedro Alcantara are just a short drive or walk away, making this Nueva Andalucía property ideal for those seeking a luxurious, peaceful lifestyle with excellent connectivity in Spain.
Location
Nightly rates in the area
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