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Apartment in Marbella, 4 bedrooms, 103 m² €339.000

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4
Bedrooms
2
Bathrooms
103 m²
Surface area
€
€3291
Price per m²
Apartment
Property type
Apartment in Marbella, 4 bedrooms, 103 m² - Hoofdafbeelding
Apartment in Marbella, 4 bedrooms, 103 m² - Afbeelding 1
Apartment in Marbella, 4 bedrooms, 103 m² - Afbeelding 2
Apartment in Marbella, 4 bedrooms, 103 m² - Afbeelding 3
+14 photos

Analysis

Price
€339.000
Own investment (30%)
€101.700
Buyer costs
€33.900
Estimated nightly rate
€350,40
Expected occupancy rate
59%
Gross rental p/m
€0000
Mortgage costs
-€632,80
Maintenance costs
-€85,83
Cleaning costs
-€375
Platform fees
-€943,23
Municipal taxes
-€84,54
Tax (19%)
-€791,70
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€350,40
High season
€540
Mid season
€331,67
Low season
€170

Price determining factors

  • Proximity to beaches, Old Town, and amenities increases desirability.
  • High demand for holiday rentals boosts investment value.
  • Limited supply of similar properties in prime locations.
  • Potential for value increase with neighborhood development.

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

39.82%

5 Year Return

199.10%

10 Year Return

398.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Some updates needed in kitchen and bathrooms, potential for value increase after renovations.
  • Local market trends in 2027: Growing demand for properties in Marbella due to tourism and expatriate interest.
  • Property type: Apartment in a desirable location with high rental potential.
  • Economic outlook in 2027: Expected steady growth in Spain's economy, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree population in Marbella.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhancing property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Renovate kitchen and bathrooms to modern standards.
  • Upgrade flooring and fixtures for enhanced appeal.
  • Improve balcony and exterior spaces.
  • Add smart home features for modern convenience.

Description

Discover this spacious, move-in-ready apartment in the heart of Marbella, Spain, a prime investment opportunity in the sought-after Miraflores neighborhood. Perfectly situated on Avenida Mercado, this Marbella property offers unbeatable access to Marbella's vibrant Old Town, with its charming plazas, boutique shops, and lively tapas bars just a short stroll away. Enjoy sunny days at nearby Playa de la Venus and Playa de la Fontanilla, both within walking distance, along the scenic Paseo Marítimo promenade lined with palm trees, seafood chiringuitos, and stunning sea views. The apartment's central Marbella location is further enhanced by proximity to Alameda Park, Avenida del Mar sculptures, supermarkets, restaurants, pharmacies, and public transport, making it ideal for both permanent living and holiday rentals. Just 5 minutes by car from the exclusive Puerto Banús and 45 minutes from Málaga Airport, this Marbella apartment combines convenience with luxury. Spanning 103 m², this second-floor exterior apartment with elevator features a functional kitchen with laundry area, a bright living-dining room with air conditioning and balcony, four versatile bedrooms—including one with an en-suite bathroom—and an additional full bathroom. Built-in wardrobes provide ample storage space. While some updates are needed in the kitchen and bathrooms, this property offers excellent potential to customize your dream home or investment property in Marbella, Spain. Priced at €339,000, this Marbella apartment represents exceptional value in one of Spain’s most desirable coastal destinations.

Location

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