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Apartment in Nueva Andalucía, 2 bedrooms, 109 m² €490.000

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2
Bedrooms
2
Bathrooms
109 m²
Surface area
€
€4495
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 2 bedrooms, 109 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 2 bedrooms, 109 m² - Afbeelding 1
Apartment in Nueva Andalucía, 2 bedrooms, 109 m² - Afbeelding 2
Apartment in Nueva Andalucía, 2 bedrooms, 109 m² - Afbeelding 3
+24 photos

Analysis

Price
€490.000
Own investment (30%)
€147.000
Buyer costs
€49.000
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€914,67
Maintenance costs
-€90,83
Cleaning costs
-€291,67
Platform fees
-€457,63
Municipal taxes
-€116,62
Tax (19%)
-€224,09
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 and golf courses: High desirability increases property value.
  • Community amenities: Swimming pool and scenic views enhance appeal.
  • Location: Prime location in Nueva AndalucĂ­a with access to luxury shopping, dining, and entertainment.
  • Property features: Spacious terrace, modern interiors, and good condition.
  • Market demand: Strong rental and resale market in Costa del Sol.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

7.80%

5 Year Return

39.00%

10 Year Return

78.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern amenities, attractive interior design.
  • Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand.
  • Property type: Popular holiday and rental property in a high-demand area.
  • Economic outlook in 2027: Positive, with continued growth in Spain's tourism and real estate sectors.
  • Demographic developments: Increasing expatriate and retiree population seeking properties in Costa del Sol.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and local services.
  • Historical WOZ value trends: Consistent increase reflecting rising property values and local development.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade flooring and fixtures to increase luxury feel.
  • Add smart home technology for modern convenience.
  • Improve outdoor space with landscaping or additional amenities.
  • Enhance energy efficiency with solar panels or insulation.

Description

Discover this exceptional apartment for sale in Nueva Andalucía, Spain, perfectly situated near the renowned Hard Rock Hotel and just a short stroll from the vibrant Puerto Banús. This beautifully maintained two-bedroom, two-bathroom property features a spacious west-facing terrace, offering stunning sunset views year-round. Located in a desirable community with a refreshing swimming pool, residents can enjoy the ultimate Andalusian lifestyle. The apartment's prime location in Nueva Andalucía provides easy access to prestigious golf courses, luxury shopping, and fine dining options. The nearby acclaimed restaurant just outside the community adds to the convenience and appeal of this investment opportunity. Whether you're seeking a permanent residence or a lucrative rental investment, this property in Nueva Andalucía combines unbeatable location, modern amenities, and breathtaking scenery, making it a standout choice in Spain’s sought-after Costa del Sol region.

Location

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