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Apartment in Nueva Andalucía, 3 bedrooms, 99 m² €630.000

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3
Bedrooms
2
Bathrooms
99 m²
Surface area
€6364
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 99 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 99 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 99 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 99 m² - Afbeelding 3
+21 photos

Analysis

Price
€630.000
Own investment (30%)
€189.000
Buyer costs
€63.000
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.176
Maintenance costs
-€82,50
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€146,38
Tax (19%)
-€286,78
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

  • Proximity to golf courses and beaches: Enhances desirability and value.
  • Quality of local schools and amenities: Attracts families and long-term residents.
  • Tourism and holiday rental demand: High, supporting short-term rental income.
  • Local development projects: Planned upgrades to infrastructure and commercial areas.
  • Environmental factors: Mediterranean climate and lush surroundings boost appeal.

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

5.82%

5 Year Return

29.10%

10 Year Return

58.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, likely to attract premium buyers and tenants.
  • Local market trends in 2027: Growing demand for luxury properties in Marbella due to increasing tourism and expatriate interest.
  • Property type: Apartments in high-demand gated communities tend to appreciate steadily.
  • Economic outlook in 2027: Expected moderate growth in Spain's economy, supporting real estate appreciation.
  • Demographic developments: Increasing number of retirees and expatriates seeking holiday or permanent homes in Marbella.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Nueva Andalucía and Marbella.
  • Historical WOZ value trends: Consistent increase in property values and local taxes, indicating rising market values.

Possible improvements

  • Adding a swimming pool or hot tub.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor living spaces with a pergola or outdoor kitchen.
  • Installing smart home technology for added convenience.
  • Landscaping to improve garden aesthetics.

Description

Discover this beautifully renovated garden apartment in Nueva Andalucía, Spain — a prime opportunity for those seeking a stylish home or a lucrative holiday retreat on the Costa del Sol. Nestled in the heart of Marbella’s prestigious Golf Valley, this property seamlessly blends modern interiors with traditional Andalusian charm and offers the added luxury of a private garden within a secure gated community. Featuring three versatile rooms and two bathrooms, the apartment has been upgraded with high-quality finishes and contemporary design. The third room, currently used as an office, can easily be transformed into a bedroom, providing flexible living options. The open-plan living space is flooded with natural light through large windows, combining a spacious lounge, dining area, and a fully equipped modern kitchen with top appliances. A cozy fireplace adds character to the inviting living area. Step outside onto the terrace that connects to a private east-facing garden, perfect for enjoying the Mediterranean climate — whether for morning coffee, alfresco dining, or relaxing evenings surrounded by lush greenery. Located in Las Cascadas, a gated community renowned for its Andalusian architecture, landscaped gardens, and swimming pool, this apartment offers a harmonious blend of rustic Spanish elegance and contemporary comfort. Situated in Nueva Andalucía, one of Marbella’s most desirable neighborhoods, residents benefit from proximity to world-class golf courses like Aloha Golf, Las Brisas, and Los Naranjos, as well as excellent international schools such as Aloha College and Les Roches. The vibrant Puerto Banús with its luxury shopping, beaches, and nightlife is just minutes away. Perfect as a permanent residence or holiday home, this Nueva Andalucía property combines superb location, modern amenities, and the beauty of southern Spain — a true Marbella gem.

Location

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