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3
Bedrooms
2
Bathrooms
91 m²
Surface area
€
€6319
Price per m²
Apartment
Property type
+38 photos
Analysis
Price
€575.000
Own investment (30%)
€172.500
30% down payment of purchase price
Buyer costs
€57.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€1.073,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€75,83
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
-€134,69
Municipal taxes for Marbella
Tax
(19%)
-€309,77
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
- Location in historic Marbella, close to amenities and attractions.
- Views from the terrace and natural light.
- Property size and layout, suitable for both living and rentals.
- Proximity to tourist hotspots and transportation.
- Potential for renovation or upgrades to increase value.
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
6.89%
5 Year Return
34.45%
10 Year Return
68.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, likely to attract higher rental income and appreciation.
- Local market trends in 2027: Expected to remain strong due to Marbella's popularity as a tourist and expatriate destination.
- Property type: Unique duplex penthouse in a historic area, which tends to appreciate well due to scarcity and desirability.
- Economic outlook in 2027: Positive growth expected in Spain and Marbella, boosting property values.
- Demographic developments: Increasing expatriate and tourist populations, supporting rental demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities, enhancing property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade fixtures and finishes to enhance luxury feel.
- Add smart home features for convenience.
- Improve outdoor space with landscaping or furniture.
- Implement energy-efficient solutions to reduce costs.
Description
Discover this charming duplex penthouse for sale in Marbella, Spain, perfectly situated in the heart of the historic old town. This exclusive Marbella property offers a private terrace with stunning 360-degree views, ideal for both permanent living and lucrative tourist rentals. Located just a one-minute walk from Plaza de Los Naranjos, this Marbella penthouse boasts a tranquil setting on a picturesque pedestrian street lined with vibrant flowers, away from city noise.
Set within a small, intimate building with only six residences, the duplex spans two levels of elegant living space. The ground floor features a spacious living room with a cozy fireplace and large windows opening onto balconies overlooking the charming street. Adjacent is a fully equipped kitchen and two bedrooms, each with generous windows and access to balconies, along with a large bathroom with a shower.
The upper floor is dedicated to a luxurious master suite with high, sloping ceilings and natural light pouring in through a skylight. This serene retreat includes a private bathroom and direct access to a sunny terrace offering breathtaking views of Marbella’s old town and surrounding landscape.
This Marbella duplex penthouse is an exceptional opportunity to own a piece of Spain’s most desirable coastal city. Whether as a permanent residence or a holiday rental investment, this property combines authentic Andalusian charm with modern comforts. Schedule a visit today to experience the magic of Marbella living.
Location
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