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Apartment in Nueva Andalucía, 2 bedrooms, 107 m² €570.000

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2
Bedrooms
2
Bathrooms
107 m²
Surface area
€5327
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 2 bedrooms, 107 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 2 bedrooms, 107 m² - Afbeelding 1
Apartment in Nueva Andalucía, 2 bedrooms, 107 m² - Afbeelding 2
Apartment in Nueva Andalucía, 2 bedrooms, 107 m² - Afbeelding 3
+23 photos

Analysis

Price
€570.000
Own investment (30%)
€171.000
Buyer costs
€57.000
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.064
Maintenance costs
-€89,17
Cleaning costs
-€291,67
Platform fees
-€458,25
Municipal taxes
-€134,69
Tax (19%)
-€193,27
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€154,52
High season
€212
Mid season
€148,75
Low season
€108

Price determining factors

  • Proximity to beaches and amenities: High desirability for tenants and buyers.
  • Views and top-floor location: Premium features that increase value.
  • Gated community with amenities: Adds to the property's appeal.
  • Fully furnished and move-in ready: Attractive for immediate occupancy or rental.

Comparable accommodations

Rate Hotel / apartment Distance
€166,80 Chariming and creative house 50m from the beach 14.3 km
€275,20 Casa Tetuan in old town Marbella, a manicured home 7.4 km
€186,80 Unique place with roof terrace in Old town 7.3 km
€124,86 Sunny hillside casita in Guaro 20.0 km
€118 Villacana Villa-holiday by the beach 9.7 km
€139,40 Townhouse – 3 floors Close to the beach! 7.4 km
€125,60 Modern Townhouse, roof terrace in Estepona OldTown 18.0 km
€139 Casa Relajante - big summer garden 19.8 km
€286,80 Beachfront BohoChic II Pool+DirectBeach+Parking 21.7 km
€131,40 House 5 minutes from the beach, Puerto Banús and 5 golf courses 1.0 km

Return & Value appreciation

Annual return

4.34%

5 Year Return

21.70%

10 Year Return

43.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Modern upgrades and recent renovation enhance value.
  • Local market trends in 2027: Growing demand for holiday and investment properties in Costa del Sol.
  • Property type: Popular apartment type in a high-demand area.
  • Economic outlook in 2027: Expected steady growth in Spain's economy, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree population in Costa del Sol.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities boost attractiveness.
  • Historical WOZ value trends: Consistent increase in property values and taxes in the region.

Possible improvements

  • Adding a modern smart home system.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor terraces with stylish furniture or landscaping.
  • Implementing energy-efficient solutions like solar panels.

Description

Discover this bright and spacious recently renovated two-bedroom, two-bathroom apartment in the prestigious area of Nueva Andalucía, Spain. Perfectly positioned just a 12-minute walk from the sandy beaches of Costa del Sol and the vibrant Puerto Banús, this property offers stunning mountain and sea views from its top-floor location. The apartment features 100 m² of stylish living space, including two independent terraces, a large living and dining area, and a fully equipped kitchen, making it ideal for comfortable living or investment purposes. Situated in a gated community with a refreshing swimming pool, this property boasts modern upgrades such as ducted air conditioning, new PVC insulated windows, and high-quality enclosures. Its strategic location in Nueva Andalucía provides easy access to all essential services—hotels, supermarkets, restaurants, cafes, schools, gyms, and the renowned Centro Plaza shopping center. Surrounded by some of the best golf courses on the Costa del Sol, this apartment is perfect for golf enthusiasts. The property comes fully furnished and move-in ready, offering an excellent opportunity for second residence or rental investment, thanks to its high profitability and strong demand in the Nueva Andalucía real estate market. Whether you seek a luxurious holiday home or a lucrative investment in Spain’s sought-after Costa del Sol, this apartment in Nueva Andalucía combines comfort, style, and prime location.

Location

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