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Apartment in Nueva Andalucía, 3 bedrooms, 271 m² €1.190.000

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3
Bedrooms
3
Bathrooms
271 m²
Surface area
€4391
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 271 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 271 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 271 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 271 m² - Afbeelding 3
+24 photos

Analysis

Price
€1.190.000
Own investment (30%)
€357.000
Buyer costs
€119.000
Estimated nightly rate
€223,23
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€2.221,33
Maintenance costs
-€225,83
Cleaning costs
-€333,33
Platform fees
-€621,28
Municipal taxes
-€223,23
Tax (19%)
-€98,20
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€223,23
High season
€299
Mid season
€214,17
Low season
€159

Price determining factors

  • Proximity to golf courses, beaches, and amenities increases desirability.
  • Views and outdoor space add premium value.
  • Community facilities like pools and gardens enhance attractiveness.

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

1.06%

5 Year Return

5.30%

10 Year Return

10.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern amenities, and recent renovations can enhance ROI.
  • Local market trends in 2027: Growing demand for luxury properties in Marbella, driven by international buyers.
  • Property type: Luxury penthouse with sea views is highly desirable and tends to appreciate faster.
  • Economic outlook in 2027: Expected steady growth in Spain's economy, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations seeking luxury living in Marbella.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Upgrade kitchen and bathrooms for modern appeal.
  • Add smart home features and energy-efficient systems.
  • Improve outdoor terraces with landscaping or additional amenities.

Description

Discover this stunning three-bedroom duplex penthouse in Andalucía Alta, located in the highly sought-after Nueva Andalucía area of Marbella, Spain. Nestled within a prestigious residential community, this property offers a tranquil Mediterranean lifestyle with lush surroundings, close proximity to world-class golf courses, premium shops, fine dining, and international schools. The well-maintained gardens, inviting communal pool, and children's playground create an ideal environment for families and those seeking serenity in a secure, established neighborhood. This elegant penthouse features a luminous, open-plan living and dining area with a cozy fireplace, seamlessly connecting to two spacious terraces that boast breathtaking sea views and vistas over the communal gardens and pool. The fully equipped independent kitchen ensures practicality and convenience, while two of the three bedrooms have luxurious en-suite bathrooms, providing privacy and comfort. The upper level is dedicated to the master suite, offering a private terrace with panoramic sea views, perfect for relaxing or entertaining. Additionally, the property includes a private 31 sqm garage, adding security and ease of access. Situated in Andalucía Alta, this exceptional property combines prime location, superb community amenities, and spectacular vistas, making it an outstanding opportunity to acquire a luxurious penthouse in the heart of Marbella’s premier residential area. Experience the best of Spain’s Costa del Sol living with this exclusive Nueva Andalucía penthouse.

Location

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