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Apartment in Nueva Andalucía, 3 bedrooms, 215 m² €1.200.000

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3
Bedrooms
3
Bathrooms
215 m²
Surface area
€5581
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 215 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 215 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 215 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 215 m² - Afbeelding 3
+28 photos

Analysis

Price
€1.200.000
Own investment (30%)
€360.000
Buyer costs
€120.000
Estimated nightly rate
€223,68
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€2.240
Maintenance costs
-€179,17
Cleaning costs
-€333,33
Platform fees
-€622,53
Municipal taxes
-€199,50
Tax (19%)
-€109,38
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€223,68
High season
€299
Mid season
€214,58
Low season
€159

Price determining factors

  • Proximity to amenities like Centro Plaza and Puerto Banús.
  • Views of gardens and partial sea views increase desirability.
  • Community features such as swimming pool and security.
  • Potential for rental income from tourism and long-term tenants.

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

1.17%

5 Year Return

5.85%

10 Year Return

11.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern finishes enhance value.
  • Local market trends in 2027: Expected growth due to tourism and expatriate demand.
  • Property type: Luxury apartment in a high-demand area boosts ROI.
  • Economic outlook in 2027: Positive, with stable growth in Spain and Marbella.
  • Demographic developments: Increasing expatriate population and retirees.
  • Infrastructure plans in 2027: Upgrades to transportation and amenities in Nueva Andalucía.
  • Historical WOZ value trends: Steady increase reflecting property appreciation.

Possible improvements

  • Renovate kitchen and bathrooms with modern fixtures.
  • Add smart home technology for convenience.
  • Improve outdoor space with landscaping or additional seating.
  • Upgrade appliances to energy-efficient models.

Description

Discover this exceptional 3-bedroom, all en-suite residence in the highly sought-after Royal Gardens community, nestled in the vibrant Nueva Andalucía area of Marbella, Spain. This spacious Marbella property offers a perfect blend of comfort and convenience, featuring a bright open-plan living and dining space with stunning garden and partial sea views. Step through sliding doors onto a generous L-shaped terrace, ideal for outdoor dining and entertaining while enjoying the scenic mountain vistas. The modern, functional kitchen connects seamlessly to a large laundry and storage area, which can be transformed into an additional bedroom or home office to suit your needs. The property’s private corridor leads to three en-suite bedrooms, providing optimal privacy and comfort for family or guests. Royal Gardens is a gated Marbella community with 24/7 video surveillance, beautifully maintained gardens, and a large swimming pool, ensuring safety and relaxation. Its prime location in Nueva Andalucía places you within walking distance of Centro Plaza, Puerto Banús, and all essential amenities, offering the quintessential Marbella lifestyle without the need for a car. Whether you’re seeking a lucrative investment opportunity or your dream home in Marbella, this property in Nueva Andalucía presents a rare combination of luxury, convenience, and investment potential in Spain.

Location

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