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2
Bedrooms
2
Bathrooms
113 m²
Surface area
€
€3850
Price per m²
Apartment
Property type
+28 photos
Analysis
Price
€435.000
Own investment (30%)
€130.500
30% down payment of purchase price
Buyer costs
€43.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€812
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€94,17
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€457,63
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€104,94
Municipal taxes for Reserva de Marbella
Tax
(19%)
-€245,18
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
€154,31
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Proximity to beaches, shopping, and nightlife: High demand area.
- Views and outdoor space: Panoramic mountain and urban vistas increase desirability.
- Community amenities: Pools, security, and on-site facilities add value.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 14.2 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 19.2 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 20.7 km |
| €166,80 | Chariming and creative house 50m from the beach | 3.8 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 23.9 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 3.5 km |
| €186,80 | Unique place with roof terrace in Old town | 3.6 km |
| €124,86 | Sunny hillside casita in Guaro | 15.9 km |
| €118 | Villacana Villa-holiday by the beach | 19.7 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 17.5 km |
Return & Value appreciation
Annual return
7.21%
5 Year Return
36.05%
10 Year Return
72.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The recent renovations and modern amenities enhance value and appeal.
- Local market trends in 2027: Continued growth in Marbella's real estate market driven by tourism and international buyers.
- Property type: Penthouse apartments tend to appreciate faster due to exclusivity and views.
- Economic outlook in 2027: Spain's economy is expected to stabilize with moderate growth, supporting property values.
- Demographic developments: Increasing demand from expatriates and retirees seeking luxury living.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Marbella will boost property appeal.
- Historical WOZ value trends: Steady increase in property taxes indicating rising property values.
Possible improvements
- Enclose the upper-level solarium with glass curtains to create additional indoor space.
- Upgrade kitchen appliances and finishes for a more modern look.
- Add smart home features for increased convenience and appeal.
- Enhance outdoor terraces with stylish furniture and lighting.
Description
Experience luxurious elevated living in this beautifully renovated penthouse located in Reserva de Marbella, Spain. Just a 15-minute drive from Marbella's vibrant town center, this property offers panoramic mountain and urban views from expansive terraces, making it a perfect retreat for those seeking tranquility and convenience in Spain. The spacious duplex features a modern open-plan kitchen, newly refurbished bathrooms, and a west-facing orientation that floods the interiors with natural light. Each bedroom has individual air conditioning for maximum comfort. The lower level comprises a bright living room opening to a terrace with stunning vistas, two bedrooms, and two bathrooms, including an en-suite. A staircase leads to a generous 55 m2 solarium on the upper level, ideal for outdoor entertaining, sunbathing, or installing a barbecue area. The solarium can also be partially enclosed with glass curtains to create additional indoor space. With 113 m2 of internal living space plus approximately 71 m2 of terraces, the penthouse includes a garage (16 m2) and an 8 m2 storage room. The gated community features multiple swimming pools, a restaurant on-site, and 24-hour security, ensuring peace of mind. Located within walking distance to a bus stop and supermarket, this Reserva de Marbella property combines serenity with accessibility. Enjoy breathtaking views from your terraces while being close to Marbella’s renowned beaches, upscale shopping, gourmet dining, and lively nightlife, making this a prime opportunity for investors and homeowners alike in Spain.
Location
Nightly rates in the area
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