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Apartment in Nueva Andalucía, 2 bedrooms, 112 m² €450.000

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2
Bedrooms
2
Bathrooms
112 m²
Surface area
€
€4018
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 2 bedrooms, 112 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 2 bedrooms, 112 m² - Afbeelding 1
Apartment in Nueva Andalucía, 2 bedrooms, 112 m² - Afbeelding 2
Apartment in Nueva Andalucía, 2 bedrooms, 112 m² - Afbeelding 3
+7 photos

Analysis

Price
€450.000
Own investment (30%)
€135.000
Buyer costs
€45.000
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€840
Maintenance costs
-€93,33
Cleaning costs
-€291,67
Platform fees
-€457,63
Municipal taxes
-€108,12
Tax (19%)
-€239,42
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 amenities, beaches, and golf courses.
  • Quality of local schools and healthcare facilities.
  • Development of new commercial and recreational facilities.
  • Overall desirability of Nueva AndalucĂ­a as a prime location.

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

9.07%

5 Year Return

45.35%

10 Year Return

90.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern interior with potential for upgrades.
  • Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand.
  • Property type: Popular holiday and investment property type, appealing to a broad market.
  • Economic outlook in 2027: Positive, with continued growth in Spain's economy and real estate sector.
  • Demographic developments: Increasing number of retirees and expatriates seeking Mediterranean lifestyle.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhancing accessibility and attractiveness.
  • Historical WOZ value trends: Consistent increase reflecting rising property values and local development.

Possible improvements

  • Renovate kitchen and bathrooms to modern standards.
  • Enhance outdoor spaces with landscaping or additional features.
  • Upgrade interior finishes for a more contemporary look.
  • Add smart home technology for increased appeal.

Description

Experience the ultimate Mediterranean lifestyle with this stunning ground-floor apartment in the heart of Nueva Andalucía, Spain. Perfectly situated within the prestigious Los Naranjos de Marbella urbanization, this property offers a harmonious blend of Andalusian charm and modern comfort. Spanning 90 square meters, the apartment boasts two spacious bedrooms with built-in wardrobes, two full bathrooms, and a bright, open living-dining area featuring a traditional fireplace. Step outside to enjoy 40 square meters of private outdoor space across two terraces—ideal for sunbathing, al fresco dining, or relaxing in Marbella's warm climate. Located within a gated community, residents benefit from lush tropical gardens and multiple swimming pools, ensuring a tranquil and luxurious environment. Conveniently located within walking distance to supermarkets, cafes, and renowned institutions like Aloha College, this property is just a five-minute drive from Puerto Banús and the famous golf courses in the Golf Valley. Whether you're seeking a high-yield investment or a charming holiday home, this Nueva Andalucía apartment offers exceptional value at €450,000. Discover the perfect blend of lifestyle and investment opportunity in one of Spain's most coveted locations.

Location

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