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3
Bedrooms
2
Bathrooms
164 m²
Surface area
€
€4146
Price per m²
Apartment
Property type
+18 photos
Analysis
Price
€680.000
Own investment (30%)
€204.000
30% down payment of purchase price
Buyer costs
€68.000
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
-€1.269,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€136,67
{% 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
-€157
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€256,74
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
- Property condition: Upgrades and modern finishes can increase market value.
- Local market trends in 2027: Rising property prices in Nueva Andalucía and surrounding areas.
- Property type: Apartments in desirable locations tend to retain and increase value.
- Economic outlook in 2027: Economic stability and growth support higher property prices.
- Demographic developments: Growing demand from international buyers and retirees.
- Infrastructure plans in 2027: New developments and improved infrastructure can boost property prices.
- Historical WOZ value trends: Increasing property tax assessments reflect appreciation.
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
4.83%
5 Year Return
24.15%
10 Year Return
48.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern interior, and recent renovations can boost appreciation.
- Local market trends in 2027: Growing demand for luxury coastal properties in Spain, especially in Nueva Andalucía.
- Property type: Apartments in gated communities tend to appreciate steadily due to security and amenities.
- Economic outlook in 2027: Positive economic growth in Spain and increased foreign investment in real estate.
- Demographic developments: Increasing expatriate and retiree populations seeking coastal living.
- Infrastructure plans in 2027: Improved transportation links and local amenities can enhance property value.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade flooring and fixtures to enhance interior aesthetics.
- Improve outdoor spaces, such as landscaping or adding a terrace feature.
- Install energy-efficient systems to reduce utility costs.
- Add smart home technology for increased convenience and appeal.
Description
Discover this charming property in the heart of Nueva Andalucía, Spain, offering an ideal blend of comfort and timeless style. Featuring a well-designed layout with three spacious bedrooms, two bathrooms, and a convenient guest toilet, this home is perfect for families or investors seeking a versatile living space. The residence boasts a west-facing orientation, bathing the interior in warm natural light and beautiful afternoon sun, perfect for relaxing or entertaining. One of its key highlights is the stunning 40 m² glassed terrace, providing an ideal spot for year-round outdoor living with serene views over the communal pool and lush gardens. Situated within a tranquil, gated community in Nueva Andalucía, Spain, the property ensures privacy, security, and a peaceful ambiance. Additional features include a private garage and a dedicated storage room, enhancing everyday convenience. Located just steps from excellent restaurants, grocery stores, and vibrant nightlife, this property offers the perfect balance of tranquility and accessibility. Its proximity to Puerto Banús makes it an attractive choice for those seeking luxury amenities and a lively lifestyle in Spain. Whether you're looking for a permanent residence or a lucrative investment in Nueva Andalucía, this property embodies the best of Spanish coastal living, blending comfort, location, and style in one exceptional package.
Location
Nightly rates in the area
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