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3
Bedrooms
2
Bathrooms
95 m²
Surface area
€
€8105
Price per m²
Apartment
Property type
+30 photos
Analysis
Price
€770.000
Own investment (30%)
€231.000
30% down payment of purchase price
Buyer costs
€77.000
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
-€1.437,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€79,17
{% 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
-€176,12
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€232,11
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: Modern, fully refurbished interiors attract higher prices.
- Local market trends in 2027: Growing demand for holiday rentals and second homes.
- Property type: Apartments in desirable areas command premium prices.
- Economic outlook in 2027: Economic stability and growth support higher property prices.
- Demographic developments: Increased expatriate and tourist populations.
- Infrastructure plans in 2027: Enhanced infrastructure will support higher property values.
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
3.86%
5 Year Return
19.30%
10 Year Return
38.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property has been fully renovated to high standards, which enhances its value and attractiveness to tenants and buyers.
- Local market trends in 2027: The Costa del Sol continues to be a popular destination, likely maintaining or increasing property demand.
- Property type: Apartments in prime locations like Nueva Andalucía tend to appreciate well due to high demand for holiday and permanent residences.
- Economic outlook in 2027: Spain's economy is expected to recover steadily, supporting real estate growth.
- Demographic developments: An increase in tourism and expatriates in the area will sustain demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and connectivity will boost property values.
- Historical WOZ value trends: The trend has been upward, reflecting increasing property values in the region.
Possible improvements
- Adding a private pool or jacuzzi to enhance outdoor appeal.
- Upgrading kitchen and bathroom fixtures for a more luxurious feel.
- Installing smart home technology for modern convenience.
- Improving outdoor terraces with stylish furniture and landscaping.
- Enhancing energy efficiency with solar panels or better insulation.
Description
Discover this beautifully renovated 3-bedroom apartment in the prime location of Nueva Andalucía, Spain. Perfectly positioned in the heart of the sought-after Aloha area, this property offers exceptional investment potential or a luxurious holiday home. Its prime location provides effortless access to Puerto Banús and the vibrant Costa del Sol, with a scenic pedestrian canal path connecting residents to the renowned marina and entertainment district. The apartment is situated on the top floor of a charming two-story building, accessible via one flight of stairs—no elevator needed—and features a modern, open-plan living space that seamlessly combines the kitchen, dining, and lounge areas. Large terraces invite outdoor living and al-fresco dining, ideal for enjoying the Costa del Sol’s sunny climate. Fully refurbished to high standards, the property comes fully furnished and ready for immediate occupancy or rental, with an active touristic rental license in place. This ensures excellent rental income potential from both holidaymakers and long-term tenants. Additionally, the property includes a dedicated parking space for convenience. Situated within a vibrant commercial neighborhood, close to top restaurants, shops, and amenities, this Nueva Andalucía apartment is a rare find for investors and homeowners alike seeking a premium property in Spain’s Costa del Sol.
Location
Nightly rates in the area
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