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4
Bedrooms
2
Bathrooms
122 m²
Surface area
€
€4336
Price per m²
Apartment
Property type
+29 photos
Analysis
Price
€529.000
Own investment (30%)
€158.700
30% down payment of purchase price
Buyer costs
€52.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€345,88
Expected occupancy rate
59%
Gross rental p/m
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€0000
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Mortgage costs
-€987,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€101,67
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
-€931,06
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€124,91
Municipal taxes for Marbella
Tax
(19%)
-€700,53
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
€345,88
High season
€540
Mid season
€327,25
Low season
€170
Price determining factors
- Proximity to beaches, Old Town, and amenities: Enhances desirability.
- Property size and layout: Spacious and flexible for various uses.
- Potential for renovation: Ability to customize and increase value.
- Local demand for rental properties: High in tourist-heavy Marbella.
- Economic stability: Contributes to sustained property appreciation.
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
16.94%
5 Year Return
84.70%
10 Year Return
169.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained condition can attract higher rental income and resale value.
- Local market trends in 2027: Growing demand for holiday rentals and second homes in Marbella.
- Property type: Versatile property with potential for renovation or development.
- Economic outlook in 2027: Positive economic growth in Spain and Costa del Sol region.
- Demographic developments: Increasing number of expatriates and retirees seeking properties in Marbella.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities enhancing accessibility.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Renovate and modernize interiors to attract premium tenants or buyers.
- Add outdoor amenities such as a pool or garden to increase appeal.
- Upgrade kitchen and bathrooms for a more luxurious feel.
- Improve energy efficiency with new windows, insulation, and appliances.
- Reconfigure layout to maximize space and functionality.
Description
Discover a remarkable investment opportunity in Marbella, Spain, with this versatile property ideally situated just minutes from the beach, promenade, and charming Old Town. Located in the heart of Marbella, this property offers immense potential for both personal residence and rental income. Currently divided into two separate units, the property features a spacious three-bedroom home with an open-plan living area, a bathroom, and a terrace perfect for outdoor dining and relaxation. The second unit includes a cozy one-bedroom apartment with a living room, kitchen, and bathroom, ideal for guests or tenants. Situated on the second floor of a walk-up building, this property provides a blank canvas to create a luxurious four-bedroom home or to maximize rental returns in one of Costa del Sol’s most sought-after locations. Marbella, Spain, is renowned for its vibrant lifestyle, stunning beaches, and excellent amenities, making this property a prime choice for investors and homeowners alike. Whether you’re looking to live close to Marbella’s iconic Old Town, rent to holidaymakers, or develop a spacious family residence, this property offers exceptional versatility and potential. Don’t miss out on owning a piece of Marbella’s vibrant real estate market in Spain—an ideal investment in one of Europe’s most desirable coastal destinations.
Location
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Nightly rates in the area
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