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Apartment in Nueva Andalucía, 2 bedrooms, 105 m² €370.000

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2
Bedrooms
2
Bathrooms
105 m²
Surface area
€
€3524
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 2 bedrooms, 105 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 2 bedrooms, 105 m² - Afbeelding 1
Apartment in Nueva Andalucía, 2 bedrooms, 105 m² - Afbeelding 2
Apartment in Nueva Andalucía, 2 bedrooms, 105 m² - Afbeelding 3
+30 photos

Analysis

Price
€370.000
Own investment (30%)
€111.000
Buyer costs
€37.000
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€690,67
Maintenance costs
-€87,50
Cleaning costs
-€291,67
Platform fees
-€457,63
Municipal taxes
-€91,12
Tax (19%)
-€272,13
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€154,31
High season
€212
Mid season
€148,75
Low season
€108

Price determining factors

  • Proximity to Puerto BanĂşs, Marbella, and San Pedro de Alcántara, increasing desirability.
  • Community amenities like pools, gardens, and security enhance value.
  • Location within a prestigious complex adds exclusivity.
  • Potential for rental income due to high tourist and expatriate demand.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

12.54%

5 Year Return

62.70%

10 Year Return

125.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern interiors, which can attract higher rental yields and resale value.
  • Local market trends in 2027: Expected steady growth in luxury and holiday property markets in Nueva AndalucĂ­a due to ongoing demand.
  • Property type: Ground floor apartment with private terrace, appealing for both residents and tourists.
  • Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, supporting property appreciation.
  • Demographic developments: Increasing expatriate and retiree populations seeking properties in Marbella area.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities in Nueva AndalucĂ­a and nearby areas.
  • Historical WOZ value trends: Consistent increase in property values and local taxes, indicating rising market confidence.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Renovate bathrooms for modern appeal.
  • Enhance outdoor space with landscaping or furniture.
  • Implement energy-efficient solutions to reduce utility costs.

Description

Discover this exceptional ground floor apartment in the prestigious Terrazas del Rodeo residential complex, located in the highly sought-after area of Nueva Andalucía, Spain. Perfectly positioned just minutes from Puerto Banús, Marbella, and San Pedro de Alcántara, this property offers an ideal combination of tranquility, security, and convenience. The spacious apartment features two large bedrooms and two modern bathrooms, complemented by a bright living-dining area with direct access to a generous private terrace—an ideal space to enjoy the Mediterranean climate. The fully equipped kitchen and functional living spaces ensure comfort and practicality. Included with the property are a dedicated garage space and a storeroom. The Terrazas del Rodeo community boasts outstanding amenities, including lush gardens, swimming pools, a paddle tennis court, and 24/7 security, making it perfect for families, second homes, or investment opportunities in Nueva Andalucía. Its prime location next to Club Pádel Marbella and close to all necessary amenities further enhances its appeal. Whether seeking a high-yield investment or a comfortable family residence, this Nueva Andalucía property in Spain offers unmatched lifestyle benefits. Contact us today to arrange a viewing of this exclusive property in Nueva Andalucía.

Location

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