You can view 1 more properties. Log in for unlimited access.
4
Bedrooms
2
Bathrooms
166 m²
Surface area
€
€3916
Price per m²
Apartment
Property type
+31 photos
Analysis
Price
€650.000
Own investment (30%)
€195.000
30% down payment of purchase price
Buyer costs
€65.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€345,88
Expected occupancy rate
59%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€1.213,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€138,33
{% 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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€931,06
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€150,62
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€645,76
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.
Interested?
Log in now to contact the seller directly
Log inNightly Rates
Estimated nightly rate
€345,88
High season
€540
Mid season
€327,25
Low season
€170
Price determining factors
- Proximity to beaches and Puerto Banús: High desirability boosts prices.
- Amenities within urbanization: Pool, green areas, and security add value.
- Property size and layout: Spacious apartments with good layouts are more attractive.
- Local development projects: New commercial or leisure developments can increase property appeal.
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
12.71%
5 Year Return
63.55%
10 Year Return
127.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Renovation potential can significantly increase value.
- Local market trends in 2027: Growing demand in Nueva Andalucía due to tourism and expatriate influx.
- Property type: Apartments in prime locations tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone supports property appreciation.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities can enhance property value.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Refurbishing interiors to modern standards.
- Adding energy-efficient features like solar panels or new windows.
- Upgrading bathrooms and kitchen for modern appeal.
- Enhancing outdoor spaces or terraces.
- Improving building insulation and soundproofing.
Description
Discover this spacious refurbishment-ready apartment in Nueva Andalucía, Spain, an ideal choice for both homeowners and investors seeking a prime property in a sought-after location. This single-floor flat boasts a practical and comfortable layout, featuring a generous entrance hall that leads to a fully equipped independent kitchen with a laundry area. The bright living-dining area offers seamless access to an enclosed terrace with open views, perfect for relaxing or entertaining. The property includes four large bedrooms, each fitted with ample wardrobe space, and two complete bathrooms, with some en suite. While offering significant refurbishment potential, the apartment’s structure provides a fantastic foundation for personalization and modernization.
Nestled within a prestigious urbanization in Nueva Andalucía, Spain, residents enjoy exclusive amenities such as a communal swimming pool and extensive landscaped green areas that foster a tranquil atmosphere. Its strategic location, just a few meters from the beach and renowned Puerto Banús, makes it highly desirable for those seeking a vibrant lifestyle or a lucrative investment. Surrounded by essential services including supermarkets, schools, pharmacies, and leisure facilities, plus proximity to top golf courses, this property in Nueva Andalucía presents a unique opportunity to own a versatile home or investment in one of Spain’s most desirable coastal areas. Don’t miss out on this exceptional property in Nueva Andalucía, Spain, perfect for year-round living or high-yield investment.
Location
Nightly rates in the area
Questions? Chat with us!