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1
Bedrooms
1
Bathrooms
73 m²
Surface area
€
€6233
Price per m²
Apartment
Property type
+21 photos
Analysis
Price
€455.000
Own investment (30%)
€136.500
30% down payment of purchase price
Buyer costs
€45.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€105,62
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€849,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€60,83
{% 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
-€318,05
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€109,19
Municipal taxes for Nueva AndalucĂa
Tax
(19%)
-€93,34
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
€105,62
High season
€142
Mid season
€102,17
Low season
€76
Price determining factors
- Proximity to golf courses and amenities: Enhances desirability.
- Views and outdoor access: South-facing with garden and pool access increases value.
- Property condition: Modern features and well-maintained interiors add value.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
3.50%
5 Year Return
17.50%
10 Year Return
35.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, likely to attract tenants and buyers.
- Local market trends in 2027: Expected growth due to high demand in Costa del Sol, especially in prime locations like Nueva AndalucĂa.
- Property type: Apartments in a sought-after gated community tend to appreciate steadily.
- Economic outlook in 2027: Positive, with tourism and real estate sectors expected to grow.
- Demographic developments: Increasing number of retirees and expatriates boosting demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Costa del Sol.
- Historical WOZ value trends: Consistent increase reflecting rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Enhance outdoor space with landscaping or a small terrace.
- Modernize bathroom fittings.
- Add smart home features for convenience and security.
Description
Discover this charming one-bedroom, one-bathroom apartment nestled within the exclusive gated community of Azahara I in Nueva AndalucĂa, Spain. Perfectly situated on the ground floor, this property offers direct access to lush gardens and a pristine swimming pool, creating an ideal indoor-outdoor living experience. Facing south to southwest, the apartment is bathed in natural sunlight throughout the day and boasts stunning views of the surrounding landscape. The bright living room invites relaxation, complemented by a cozy master bedroom with fitted wardrobes and a compact, functional kitchen—ideal for comfortable living. Modern amenities include air conditioning, sisal carpet flooring, and access to communal parking. Located in the coveted first-line position near Aloha Golf, this apartment grants easy access to top golf courses, renowned restaurants, and essential amenities, making it a prime investment opportunity in Nueva AndalucĂa, Spain. Whether for permanent residence or holiday rental, this property’s prime location in one of the most sought-after urbanizations in the Costa del Sol ensures high rental potential and value appreciation. Don’t miss the chance to own a piece of paradise in Nueva AndalucĂa—schedule your viewing today!
Location
Nightly rates in the area
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