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Apartment in Nueva Andalucía, 4 bedrooms, 124 m² €660.000

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4
Bedrooms
3
Bathrooms
124 m²
Surface area
€5323
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 4 bedrooms, 124 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 4 bedrooms, 124 m² - Afbeelding 1
Apartment in Nueva Andalucía, 4 bedrooms, 124 m² - Afbeelding 2
Apartment in Nueva Andalucía, 4 bedrooms, 124 m² - Afbeelding 3
+21 photos

Analysis

Price
€660.000
Own investment (30%)
€198.000
Buyer costs
€66.000
Estimated nightly rate
€417,28
Expected occupancy rate
57%
Gross rental p/m
€0000
Mortgage costs
-€1.232
Maintenance costs
-€103,33
Cleaning costs
-€375
Platform fees
-€1.085,19
Municipal taxes
-€152,75
Tax (19%)
-€814,40
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€417,28
High season
€595
Mid season
€389,50
Low season
€217

Price determining factors

  • Property condition: Up-to-date renovations and high-quality finishes.
  • Local market trends in 2027: Continued high demand for luxury properties in prime locations.
  • Property type: Exclusive penthouse offering unique views and amenities.
  • Economic outlook in 2027: Stable economic growth supporting property appreciation.
  • Demographic developments: Growing expatriate and retiree population increasing demand.
  • Infrastructure plans in 2027: Enhanced connectivity and local amenities boosting property appeal.
  • Historical WOZ value trends: Upward trend reflecting increasing property values.

Comparable accommodations

Rate Hotel / apartment Distance
€319 4 bed Villa in Nueva Andalucia - Heated Pool 1.4 km
€707,60 Luxury villa on beach. Puerto Banus walk 15 min 2.9 km
€567,60 Villa Tortuga Benamara 7.4 km
€598,80 Modern Golf Villa | Sea Views | Infinity Pool 8.0 km
€462,20 Family Beach Villa -Modern- Private pool -Estepona 20.5 km
€692,80 Golf & Seaview Villa with Heated Private Pool 22.3 km
€322 Villa Sunlight near beach and Puerto Banus 3.9 km
€276,20 Private villa with heated pool 1.0 km
€326,14 Full Villa, View of Africa, Sea and Mountain 18.7 km
€319,60 Boho home 10 min walk to beach, padel on doorstep 11.2 km

Return & Value appreciation

Annual return

15.78%

5 Year Return

78.90%

10 Year Return

157.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Recently renovated with high-quality materials, which enhances value and attractiveness.
  • Local market trends in 2027: Expected to remain strong due to high demand for luxury properties in Costa del Sol.
  • Property type: Luxury penthouse duplex, which generally appreciates well in desirable locations.
  • Economic outlook in 2027: Positive, with steady growth expected in Spain and the Costa del Sol region.
  • Demographic developments: Increasing demand from expatriates and retirees seeking luxury living.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and tourism infrastructure.
  • Historical WOZ value trends: Consistent increase over the past years, indicating rising property values.

Possible improvements

  • Adding a private terrace or balcony with outdoor seating.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor spaces or adding a small garden.
  • Installing smart home technology for added convenience.
  • Improving energy efficiency with solar panels or better insulation.

Description

Discover this stunning south-facing penthouse duplex in the desirable Nueva Andalucía, Spain, offering luxurious living with spectacular views. Recently renovated with high-quality materials, this spacious property features four bedrooms, three bathrooms, and a private elevator for added convenience. Located within the prestigious Mirador Del Rodeo residential complex, residents enjoy access to beautifully maintained communal gardens, a large swimming pool, and a children's pool, perfect for family living. Just a five-minute drive from the renowned Puerto Banús and the pristine beaches of Costa del Sol, this property combines tranquility with accessibility. Walking distance to Puerto Banús and the beach ensures effortless seaside leisure. For sports enthusiasts, the nearby Real Club de Padel offers ten paddle tennis courts, a top outdoor gym, and a stylish restaurant, all just 10 meters from the home. The residence includes an underground parking space and a storage room, providing ample convenience. Whether you're seeking a luxurious holiday home or a permanent residence in Spain’s vibrant Costa del Sol, this Nueva Andalucía penthouse offers unparalleled comfort and prime location. Don’t miss the opportunity to own this exceptional property in one of Spain’s most sought-after regions; contact us today to arrange a viewing and experience the best of Nueva Andalucía real estate.

Location

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