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Apartment in Nueva Andalucía, 2 bedrooms, 110 m² €440.000

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2
Bedrooms
2
Bathrooms
110 m²
Surface area
€
€4000
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 2 bedrooms, 110 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 2 bedrooms, 110 m² - Afbeelding 1
Apartment in Nueva Andalucía, 2 bedrooms, 110 m² - Afbeelding 2
Apartment in Nueva Andalucía, 2 bedrooms, 110 m² - Afbeelding 3
+17 photos

Analysis

Price
€440.000
Own investment (30%)
€132.000
Buyer costs
€44.000
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€821,33
Maintenance costs
-€91,67
Cleaning costs
-€291,67
Platform fees
-€457,63
Municipal taxes
-€106
Tax (19%)
-€243,68
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

  • Property condition: Modern renovations and high-quality finishes.
  • Local market trends in 2027: Strong demand for luxury apartments and holiday rentals.
  • Property type: Exclusive penthouse with views and amenities.
  • Economic outlook in 2027: Stable economic growth supporting property prices.
  • Demographic developments: Growing affluent and expatriate communities.
  • Infrastructure plans in 2027: Enhanced transportation links and community facilities.

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

9.44%

5 Year Return

47.20%

10 Year Return

94.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports value retention and growth.
  • Local market trends in 2027: Expected continued demand for luxury properties in Costa del Sol due to tourism and expatriate influx.
  • Property type: Penthouse with premium features and views, generally appreciating faster than standard apartments.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe, boosting real estate investments.
  • Demographic developments: Increasing expatriate and retiree population seeking luxury living.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and connectivity in Nueva AndalucĂ­a.
  • Historical WOZ value trends: Consistent increase in property values and local taxes, indicating rising property worth.

Possible improvements

  • Adding a private jacuzzi or pool on the terrace.
  • Upgrading smart home features for enhanced convenience.
  • Improving outdoor landscaping and garden features.
  • Installing solar panels for energy efficiency.
  • Renovating bathrooms or kitchen for a more modern look.

Description

Discover this exquisite penthouse in the sought-after area of Nueva Andalucía, Spain, offering stunning views of La Concha mountain from a spacious terrace. Nestled in a tranquil, well-maintained residential community, this property combines luxury living with convenience, just minutes from premier golf courses, vibrant amenities, and Puerto Banús. This modern Nueva Andalucía penthouse features two generous bedrooms and two bathrooms. The master suite boasts a newly renovated en-suite bathroom, while the second bedroom has a separate full bathroom. Both bedrooms include built-in wardrobes and ample space, ensuring comfort and privacy. The fully renovated kitchen seamlessly connects to the living area, showcasing high-quality materials and a sleek, functional design with abundant storage. Equipped with brand-new appliances—including a refrigerator, dishwasher, washer-dryer, and built-in microwave oven—the kitchen is perfect for modern living. Elegant marble flooring throughout the property enhances its sophisticated ambiance. The living room opens to a southeast-facing terrace, ideal for enjoying the morning sun. The terrace features planters with an automatic irrigation system, creating a lush outdoor space. Modern comfort is guaranteed with recently installed Airzone air conditioning, allowing independent climate control in each room via thermostats or smartphone app. The community amenities include three swimming pools, meticulously maintained landscaped gardens, and a peaceful environment. A designated parking space is included in the price. This move-in-ready Nueva Andalucía property is perfect as a primary residence or a lucrative investment in one of Spain’s most desirable locations. Experience the best of Costa del Sol living with this exceptional penthouse in Nueva Andalucía, Spain.

Location

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