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Apartment in Puerto Banús, 2 bedrooms, 115 m² €620.000

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2
Bedrooms
2
Bathrooms
115 m²
Surface area
€5391
Price per m²
Apartment
Property type
Apartment in Puerto Banús, 2 bedrooms, 115 m² - Hoofdafbeelding
Apartment in Puerto Banús, 2 bedrooms, 115 m² - Afbeelding 1
Apartment in Puerto Banús, 2 bedrooms, 115 m² - Afbeelding 2
Apartment in Puerto Banús, 2 bedrooms, 115 m² - Afbeelding 3
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Analysis

View Report
Price
€620.000
Own investment (30%)
€186.000
Buyer costs
€62.000
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.157,33
Maintenance costs
-€95,83
Cleaning costs
-€291,67
Platform fees
-€458,25
Municipal taxes
-€144,25
Tax (19%)
-€172,46
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€154,52
High season
€212
Mid season
€148,75
Low season
€108

Price determining factors

  • Luxury beachfront location: Prime location in Puerto Banús attracts high-end buyers.
  • Amenities and security: 24-hour security, pools, tropical gardens add value.
  • Tourist license: Allows for short-term rentals, increasing income potential.
  • Renovation potential: The ability to customize and upgrade the property enhances its market value.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

Rate Hotel / apartment Distance
€166,80 Chariming and creative house 50m from the beach 13.5 km
€275,20 Casa Tetuan in old town Marbella, a manicured home 6.9 km
€186,80 Unique place with roof terrace in Old town 6.9 km
€124,86 Sunny hillside casita in Guaro 21.2 km
€118 Villacana Villa-holiday by the beach 9.4 km
€139,40 Townhouse – 3 floors Close to the beach! 7.1 km
€125,60 Modern Townhouse, roof terrace in Estepona OldTown 18.0 km
€139 Casa Relajante - big summer garden 19.8 km
€286,80 Beachfront BohoChic II Pool+DirectBeach+Parking 21.6 km
€131,40 House 5 minutes from the beach, Puerto Banús and 5 golf courses 1.5 km

Return & Value appreciation

Annual return

3.56%

5 Year Return

17.80%

10 Year Return

35.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The property is currently a shell, offering potential for customization and modernization, which can significantly increase value.
  • Local market trends in 2027: The Marbella and Puerto Banús real estate market is expected to remain strong due to tourism and luxury demand.
  • Property type: As a beachfront apartment in a prestigious area, it has high desirability and potential for appreciation.
  • Economic outlook in 2027: Spain's economy is projected to grow steadily, supporting real estate investments.
  • Demographic developments: Increasing demand from international buyers and retirees will likely sustain property values.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Marbella will enhance property appeal.
  • Historical WOZ value trends: Past trends show steady increases in property taxes, reflecting rising property values.

Possible improvements

  • Complete interior renovation to modern standards.
  • Adding high-end appliances and fixtures.
  • Enhancing outdoor space with landscaping or outdoor furniture.
  • Installing smart home technology for added convenience.
  • Upgrading security systems and amenities.

Description

Discover a fantastic investment opportunity with this Puerto Banús apartment in the prestigious Marbella's Golden Mile, Spain. Situated within a luxurious beachfront complex in Puerto Banús, this property offers 24-hour security, a dedicated concierge, and access to two inviting swimming pools, including one open year-round. Surrounded by lush tropical gardens, mature trees, and scenic strolling areas, this residence provides tranquility and beauty in one of Spain's most sought-after locations. The apartment is sold with a valid Tourist License, making it ideal for vacation rentals or seaside living. Currently listed at a reduced price without interior walls, buyers have the option to customize the space fully. The seller is open to negotiations for a turnkey, beautifully finished, and brand-new apartment. The renovation, estimated at €70,000, includes transforming the space into a modern 2-bedroom, 2-bathroom home, with plans available and all legal permits in place. This ground-floor property features a spacious, private, covered corner terrace overlooking the gardens—perfect for enjoying the year-round Costa del Sol climate. Additionally, it includes a basement parking space for convenience. Located in the heart of Puerto Banús, Spain, this property combines luxury, location, and investment potential, offering an exceptional opportunity to own a piece of Marbella's most glamorous seaside enclave.

Location

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