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2
Bedrooms
1
Bathrooms
52 m²
Surface area
€
€7981
Price per m²
Apartment
Property type
+15 photos
Analysis
Price
€415.000
Own investment (30%)
€124.500
30% down payment of purchase price
Buyer costs
€41.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€138,20
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€774,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€43,33
{% 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
-€409,85
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€100,69
Municipal taxes for Marbella
Tax
(19%)
-€211,30
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
€138,20
High season
€184
Mid season
€133,08
Low season
€98
Price determining factors
- Proximity to beaches, city center, and Old Town.
- Views from the terrace and outdoor space.
- Potential for renovation and customization.
- High demand for rental properties in Marbella.
- Limited supply of similar penthouses in prime locations.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
8.68%
5 Year Return
43.40%
10 Year Return
86.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Renovations can significantly increase value.
- Local market trends in 2027: Marbella's real estate market is expected to remain strong due to tourism and foreign investment.
- Property type: Penthouse with large outdoor space is highly desirable.
- Economic outlook in 2027: Spain's economy is projected to grow steadily, supporting property values.
- Demographic developments: Increasing demand from expatriates and retirees.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities will boost property appeal.
- Historical WOZ value trends: Consistent growth indicates a positive outlook for property appreciation.
Possible improvements
- Renovate the interior to modern standards.
- Upgrade kitchen and bathroom fixtures.
- Enhance outdoor living areas with landscaping or furniture.
- Install energy-efficient windows and insulation.
- Add smart home technology for increased appeal.
Description
Discover a fantastic investment opportunity in the heart of Marbella, Spain, with this spacious penthouse featuring an expansive 80 m² terrace. Situated on the 7th floor of a reputable building on Ricardo Soriano, Marbella's main avenue, this property offers unbeatable proximity to Marbella's vibrant city center, beautiful beaches, and historic Old Town. The prime Marbella location makes it an ideal choice for those seeking a permanent residence, holiday home, or lucrative rental property in Spain’s most sought-after coastal destination.
The property currently comprises 52 m² of living space, including two comfortable bedrooms, a full bathroom, an independent kitchen, and a bright living room that opens directly onto a stunning 78 m² terrace. The terrace’s open views and abundant natural light create a perfect setting for outdoor living, with ample space for a chill-out lounge and dining area. With some renovation, this penthouse can be transformed into a luxurious, customized home that maximizes its outdoor potential.
This Marbella penthouse represents a rare opportunity to acquire a property with exceptional outdoor space and a coveted location in Spain’s Costa del Sol. Whether you envision a contemporary residence, a holiday retreat, or a high-yield rental investment, this property’s versatility and potential make it a must-see. Don’t miss the chance to own a piece of Marbella’s prime real estate and turn this blank canvas into your dream home or investment in Spain.
Location
Nightly rates in the area
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