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4
Bedrooms
3
Bathrooms
236 m²
Surface area
€
€3335
Price per m²
House
Property type
+23 photos
Analysis
Price
€787.000
Own investment (30%)
€236.100
30% down payment of purchase price
Buyer costs
€78.700
Buyer costs: 10% of purchase price
Estimated nightly rate
€417,28
Expected occupancy rate
57%
Gross rental p/m
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€0000
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Mortgage costs
-€1.469,07
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€196,67
{% 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
-€1.085,19
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€179,74
Municipal taxes for Marbella
Tax
(19%)
-€746,49
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
€417,28
High season
€595
Mid season
€389,50
Low season
€217
Price determining factors
- Renovation and modernization costs
- Market demand for historic properties
- Tourism growth boosting short-term rental potential
- Local government incentives for preservation
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €241,40 | Casa Tranquila (Quiet House) La Cala de Mijas | 18.1 km |
| €247 | Ayma Ocean View | 20.4 km |
| €212,60 | Modern house with panoramic ocean views in Alya | 15.4 km |
| €427,60 | Heated pool / Premium Spanish villa / Sea views | 22.7 km |
| €477,43 | Impressive VILLA Dazura in Valtocado. MIJAS | 21.3 km |
| €319 | 4 bed Villa in Nueva Andalucia - Heated Pool | 7.5 km |
| €707,60 | Luxury villa on beach. Puerto Banus walk 15 min | 8.5 km |
| €567,60 | Villa Tortuga Benamara | 13.8 km |
| €296 | Calahonda, Villa La Palma | 14.6 km |
| €598,80 | Modern Golf Villa | Sea Views | Infinity Pool | 14.9 km |
Return & Value appreciation
Annual return
12.13%
5 Year Return
60.65%
10 Year Return
121.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The current condition shows some need for renovation, which can be improved to increase value.
- Local market trends in 2027: Marbella's real estate market is expected to remain strong due to its popularity and limited supply.
- Property type: Historic properties tend to appreciate well, especially if preserved and modernized appropriately.
- 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: Planned improvements in transportation and amenities will enhance property appeal.
- Historical WOZ value trends: Historically, property taxes have remained stable or slightly increased, reflecting steady property appreciation.
Possible improvements
- Renovate bathrooms and kitchen for modern appeal
- Restore and preserve historic features to enhance charm
- Improve outdoor spaces and terraces
- Upgrade electrical and plumbing systems
Description
Discover a rare investment opportunity in the historic heart of Marbella, Spain, with this charming and iconic property nestled in the old town. Known as the entrance to Puerta del Mar from the Arab period, this historic Marbella home boasts preserved towers from the original castle walls, offering a unique blend of heritage and character. Spread across three spacious floors, the residence features an Andalusian-style entrance hall, a large living and dining area with soaring ceilings, a fully equipped bright kitchen overlooking the charming patio of Cofradia La Pollinica, and a stylish bathroom. The second floor provides three generous bedrooms, an additional bathroom, and a private terrace ideal for relaxing or entertaining. The top floor impresses with high, well-preserved ceilings, two large rooms, and a magnificent terrace with views of Marbella’s iconic Church of the Incarnation — perfect for outdoor living. Situated just minutes on foot from Marbella’s famous Plaza de los Naranjos, this property offers proximity to boutique shops, high-end restaurants, and the beautiful beaches of Marbella, Spain. Whether your goal is to develop a boutique hotel, luxury residence, or preserve this historic gem, this Marbella property presents an exceptional investment opportunity in one of Spain’s most sought-after locations. Don’t miss out on owning a piece of Marbella’s rich history—schedule your visit today.
Location
Nightly rates in the area
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