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Apartment in Nueva Andalucía, 3 bedrooms, 163 m² €895.000

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3
Bedrooms
2
Bathrooms
163 m²
Surface area
€5491
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 163 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 163 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 163 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 163 m² - Afbeelding 3
+27 photos

Analysis

Price
€895.000
Own investment (30%)
€268.500
Buyer costs
€89.500
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.670,67
Maintenance costs
-€135,83
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€170,99
Tax (19%)
-€177,98
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

  • High-quality construction and modern amenities.
  • Prime location with panoramic views and privacy.
  • Community features like pools and private parking.
  • Proximity to golf courses, sports facilities, and amenities.

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

2.54%

5 Year Return

12.70%

10 Year Return

25.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The property is nearly new, which typically maintains or increases value.
  • Local market trends in 2027: The Marbella area is expected to continue attracting international buyers and investors.
  • Property type: Apartments in luxury developments tend to appreciate steadily, especially with scenic views.
  • Economic outlook in 2027: Spain's economy is projected to grow moderately, supporting real estate investments.
  • Demographic developments: Increasing demand from expatriates and retirees in Marbella boosts property values.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities will likely enhance property appeal.
  • Historical WOZ value trends: Past trends show consistent appreciation in property taxes, reflecting rising property values.

Possible improvements

  • Adding smart home technology for modern convenience.
  • Upgrading kitchen and bathroom fixtures to premium brands.
  • Enhancing outdoor spaces with landscaping or additional furniture.
  • Installing energy-efficient systems to reduce utility costs.

Description

Discover this stunning elevated corner 3-bedroom, 2-bath contemporary apartment in the sought-after Marbella Lake Development, located in the prestigious Nueva Andalucía area of Spain. Built in 2023, this nearly new property offers panoramic views of the tranquil lake, the Mediterranean Sea, and the iconic La Concha mountain, providing a truly luxurious living experience. As an end corner unit, it ensures maximum privacy with no neighboring buildings nearby and features two south-easterly facing balconies—an expansive covered terrace perfect for entertaining and a private uncovered balcony off the master bedroom ideal for relaxing mornings. This ground-floor elevated apartment combines the convenience of a middle-floor feel with the privacy of elevated living, offering unobstructed lake views. The property includes two private parking spaces, a large storage unit, and direct elevator access, making daily life effortless. The community permits short-term rentals, making it an excellent investment opportunity or a versatile holiday home. Marbella Lake, within five minutes of renowned golf courses, tennis, and sports facilities, offers contemporary construction standards, pools at every level, and a refined community atmosphere. Its prime location in Nueva Andalucía provides easy access to shops, restaurants, and amenities, all while enjoying peaceful, elevated surroundings. This exceptional apartment is ideal for those seeking a combination of breathtaking views, modern comfort, and prime location in Marbella, Spain.

Location

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