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4
Bedrooms
2
Bathrooms
100 m²
Surface area
€
€4500
Price per m²
Apartment
Property type
+5 photos
Analysis
Price
€450.000
Own investment (30%)
€135.000
30% down payment of purchase price
Buyer costs
€45.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€350,40
Expected occupancy rate
59%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€840
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€83,33
{% 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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€943,23
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€108,12
Municipal taxes for Marbella
Tax
(19%)
-€748,32
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
€350,40
High season
€540
Mid season
€331,67
Low season
€170
Price determining factors
- Proximity to beaches, amenities, and transportation links.
- Luxury finishes and modern design.
- Versatility of space, suitable for both residence and office use.
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
28.36%
5 Year Return
141.80%
10 Year Return
283.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern finishes increases attractiveness and value.
- Local market trends in 2027: Expected growth due to Marbella's popularity as a luxury destination.
- Property type: Apartments in prime locations tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain and tourism sector boosts property demand.
- Demographic developments: Increasing expatriate and affluent local population supports demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Add smart home features to increase desirability.
- Improve balcony furniture and landscaping.
- Upgrade lighting and fixtures to enhance ambiance.
Description
Discover this nearly new apartment in the heart of Marbella, Spain, situated on Avenida Ricardo Soriano. Perfectly positioned in Marbella's vibrant city center, this spacious property offers four bright bedrooms, each with its own balcony and abundant natural light, making it ideal for both living and investment. The apartment features elegant marble flooring throughout, enhancing its modern and luxurious appeal. Currently utilized as an office, this versatile space provides excellent potential for entrepreneurs or those seeking a stylish residence with a prime Marbella location. Its proximity to Marbella's renowned beaches, upscale amenities, and excellent transportation links makes it a highly desirable property in Spain’s sought-after Marbella real estate market. Whether you are looking for a comfortable family home or a strategic investment in Marbella, this apartment combines functionality, elegance, and convenience in one exceptional package.
Location
Nightly rates in the area
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