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Apartment in Nueva Andalucía, 1 bedrooms, 78 m² €335.000

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1
Bedrooms
1
Bathrooms
78 m²
Surface area
€
€4295
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 1 bedrooms, 78 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 1 bedrooms, 78 m² - Afbeelding 1
Apartment in Nueva Andalucía, 1 bedrooms, 78 m² - Afbeelding 2
Apartment in Nueva Andalucía, 1 bedrooms, 78 m² - Afbeelding 3
+22 photos

Analysis

Price
€335.000
Own investment (30%)
€100.500
Buyer costs
€33.500
Estimated nightly rate
€105,62
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€625,33
Maintenance costs
-€65
Cleaning costs
-€291,67
Platform fees
-€318,05
Municipal taxes
-€83,69
Tax (19%)
-€139,95
Cashflow p.m.
Earned back in
00months

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Nightly 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.
  • Community features like gardens, pool, and privacy.
  • Size and outdoor space, including large terrace.
  • Low taxes and affordable community fees.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

7.12%

5 Year Return

35.60%

10 Year Return

71.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern kitchen and amenities enhance value.
  • Local market trends in 2027: Expected growth due to tourism and infrastructure improvements.
  • Property type: Apartments in high-demand tourist and residential area.
  • Economic outlook in 2027: Positive, with steady growth in Spain and Costa del Sol.
  • Demographic developments: Increasing expatriate and tourist population, boosting rental demand.
  • Infrastructure plans in 2027: Planned upgrades to transportation, roads, and local amenities.
  • Historical WOZ value trends: Consistent increase reflecting rising property values.

Possible improvements

  • Renovate kitchen and bathroom for modern appeal.
  • Upgrade flooring and fixtures to increase attractiveness.
  • Enhance outdoor living space with furniture and landscaping.
  • Add smart home features for convenience and security.

Description

Discover this spacious one-bedroom apartment for sale in Nueva Andalucía, Spain, perfect for both permanent living and lucrative tourist rentals. Spanning 79m², this bright and airy property features a full bathroom with a window, a modern kitchen with access to a convenient laundry room, and a generous living and dining area that opens onto a stunning 54m² terrace. Situated on a corner, the apartment enjoys privacy with only one neighboring unit and offers open views of the picturesque golf course. Located within a secure gated community, residents benefit from beautifully maintained gardens, a swimming pool, and a tranquil environment with few neighbors, ensuring peace and privacy. The property includes a large storage room and a parking space in the underground garage, both included in the price. Its prime location in the heart of Nueva Andalucía places you close to top amenities, schools, supermarkets, San Pedro de Alcántara, and Puerto Banús, as well as proximity to renowned golf courses. This exceptional property in Nueva Andalucía, Spain, is an ideal investment for those seeking a versatile home or rental income potential, with the community permitting tourist rentals. Key features include a spacious 79m² interior, a large 54m² terrace, low annual taxes, and affordable community fees. Experience the best of Costa del Sol living in this charming property in Nueva Andalucía, Spain, and enjoy the vibrant lifestyle and scenic beauty of one of Spain’s most sought-after locations.

Location

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