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2
Bedrooms
2
Bathrooms
107 m²
Surface area
€
€5327
Price per m²
Apartment
Property type
+23 photos
Analysis
Price
€570.000
Own investment (30%)
€171.000
30% down payment of purchase price
Buyer costs
€57.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€1.064
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€89,17
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
-€458,25
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€134,69
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€193,27
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
€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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