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3
Bedrooms
2
Bathrooms
151 m²
Surface area
€
€6258
Price per m²
Apartment
Property type
+45 photos
Analysis
Price
€945.000
Own investment (30%)
€283.500
30% down payment of purchase price
Buyer costs
€94.500
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
-€1.764
This is the monthly interest you pay for the mortgage
(3.2% interest)
Maintenance costs
-€125,83
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
-€188,70
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€158,78
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.
Nightly Rates
Estimated nightly rate
€205,92
High season
€274
Mid season
€197,50
Low season
€142
Price determining factors
- Prime location near Puerto Banus and Centro Plaza.
- High-quality renovations and furnishings.
- Community amenities like tennis courts and swimming pools.
- Proximity to vibrant nightlife, shopping, and beaches.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €195,20 | Hacienda el Alamo | 22.6 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 10.3 km |
| €185 | Entire House with Terrace in Marbella | 3.3 km |
| €382,40 | Three bed house with pool 50 metres from the beach | 3.1 km |
| €175 | Chic 3BR Townhouse on the Beach + Pool + Parking | 8.1 km |
| €133,60 | Casa del Barco | Quiet 3BR Villa & Pool | 20.5 km |
| €140,40 | TOWNHOUSE Old Town Marbella Large Rooftop Terr! A | 7.1 km |
| €281,20 | Ocean Front Villa w/Private Pool | 8.1 km |
| €294,40 | Villa with pool near the beach for families | 14.7 km |
| €182,40 | House in Marbella's Old Town, 100m from the Beach☆ | 7.6 km |
Return & Value appreciation
Annual return
2.15%
5 Year Return
10.75%
10 Year Return
21.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports higher appreciation.
- Local market trends in 2027: Expected to remain strong due to high demand in Nueva Andalucía and surrounding areas.
- Property type: Apartments in desirable urbanizations tend to appreciate steadily, especially with amenities and location.
- Economic outlook in 2027: Spain's economy is projected to grow moderately, supporting real estate investments.
- Demographic developments: Increasing demand from expatriates and retirees, boosting property values.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities will likely enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Adding a private outdoor terrace or balcony.
- Upgrading kitchen appliances or finishes for a more luxurious feel.
- Enhancing outdoor space with landscaping or additional features.
- Installing smart home technology for increased modern appeal.
Description
Discover this exceptional garden apartment for sale in the highly sought-after urbanisation of Nueva Andalucía, Spain. Perfect for those seeking a tranquil yet conveniently located residence, this property offers a harmonious blend of comfort and modernity. Featuring three spacious bedrooms and two contemporary bathrooms, the apartment has been fully renovated with new plumbing and electrical systems, ensuring a hassle-free living experience. The interior boasts ceramic flooring throughout, large fitted wardrobes, and an elegant kitchen with marble worktops complemented by high-end Siemens appliances, including a washer and dryer. Electric shutters in all rooms enhance security and comfort. Step outside to your private garden with direct access to a community tennis court and swimming pool, ideal for relaxation and outdoor entertainment. The gated urbanisation provides secure street parking with a road barrier, offering peace of mind. This east-facing apartment benefits from abundant natural light, air conditioning for year-round comfort, and comes fully furnished with stylish, exclusive furniture. Located just a five-minute walk from Centro Plaza and Puerto Banus, it provides easy access to vibrant nightlife, shopping, and essential amenities. Whether as a permanent residence or an investment opportunity, this Nueva Andalucía property combines prime location, modern features, and a welcoming community. Don’t miss the chance to own this remarkable apartment in one of Spain’s most desirable areas.
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