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3
Bedrooms
2
Bathrooms
130 m²
Surface area
€
€4231
Price per m²
Apartment
Property type
+17 photos
Analysis
Price
€550.000
Own investment (30%)
€165.000
30% down payment of purchase price
Buyer costs
€55.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage costs
-€1.026,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€108,33
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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€573,10
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€129,38
Municipal taxes for Marbella
Tax
(19%)
-€313,47
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
€205,92
High season
€274
Mid season
€197,50
Low season
€142
Price determining factors
- Economic outlook in 2027: Positive economic growth in Spain and increased foreign investment in Marbella.
- Demographic developments: Growing expatriate and retiree populations seeking properties in Marbella.
- Infrastructure plans in 2027: Planned enhancements to transportation and local amenities that could boost property values.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €314 | Livita, Space, Above the beach, Cala de mijas | 19.8 km |
| €195,20 | Hacienda el Alamo | 16.6 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 3.2 km |
| €210 | Beach House | 20.0 km |
| €84 | Paradise, sun and beach. Charming terrace. | 19.7 km |
| €185 | Entire House with Terrace in Marbella | 3.9 km |
| €382,40 | Three bed house with pool 50 metres from the beach | 8.5 km |
| €175 | Chic 3BR Townhouse on the Beach + Pool + Parking | 14.6 km |
| €133,60 | Casa del Barco | Quiet 3BR Villa & Pool | 17.1 km |
| €236,60 | Casa Bryn Gwyn Beautiful Holiday Villa | 19.7 km |
Return & Value appreciation
Annual return
7.29%
5 Year Return
36.45%
10 Year Return
72.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports steady appreciation.
- Local market trends in 2027: Expected growth in Marbella's real estate market driven by tourism and international buyers.
- Property type: Boutique apartment in a historic area, which tends to retain value and appreciate over time.
Possible improvements
- Adding modern smart home features.
- Renovating balconies to enhance outdoor appeal.
- Upgrading kitchen and bathrooms with high-end fixtures.
Description
Discover an exceptional real estate opportunity in the heart of Marbella's Old Town with this beautifully renovated apartment. Situated on the first floor of a boutique building with only three residences, this Marbella property offers tranquility and exclusivity. Accessed via Calle Peral, a street accessible by car, the apartment boasts a fully exterior-facing layout with abundant natural light and excellent ventilation, thanks to its east and southwest orientations. The spacious 130 m² layout includes an inviting entrance hall, modern kitchen, bright living room with large window overlooking Calle Peral, a cozy sitting room with a balcony facing Calle Castillejos, three bedrooms, and two bathrooms, complemented by three charming exterior balconies. Located in Marbella's historic center, this property allows residents to immerse themselves in the vibrant local culture, with the aroma of orange blossoms, cobbled streets, and proximity to the beach, promenade, Plaza de los Naranjos, bustling markets, and diverse dining options. Whether seeking a permanent residence or a lucrative investment in Marbella real estate, this apartment combines comfort, charm, and prime location. Don’t miss this unique opportunity to own a piece of Marbella’s iconic Old Town—an ideal choice for those looking to experience the authentic Spanish lifestyle in Marbella, Spain.
Location
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Nightly rates in the area
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