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

83 views

Bedrooms

Bathrooms

112 m²

Surface area

€

€4018

Price per m²

Apartment

Property type

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

View Report

Price

€450.000

Own investment (30%)

30% down payment of purchase price

€135.000

Buyer costs (10%)

10% of purchase price

€45.000

Estimated nightly rate

€154,31

Expected occupancy rate

65%

Gross rental p/m

Gross rental income per year: € 36.610,08

€3.050,84

Mortgage interest rate (%)

Monthly mortgage = interest on the loan + linear repayment per year. Changing the term updates the annual repayment automatically.

Mortgage term (years)

Repayment (per year)

€

Total mortgage costs -€840

Maintenance costs

Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.

-€93,33

Cleaning costs

Annual cleaning costs: €3500 (€291,67/month). Based on number of bedrooms.

-€291,67

Platform fees

15% commission based on average fees from Booking.com and Airbnb

-€457,63

Municipal taxes

Municipal taxes for Nueva Andalucía

-€108,12

Tax (19%)

This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.

-€239,42

Cashflow p.m.

€1.020,67

Earned back in

Time to earn back own investment + buyer costs.

14.7 jaar

* Indicative calculation based on a linear mortgage.

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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 Andalucía as a prime location.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

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

6.80%

5 Year Return

34.00%

10 Year Return

68.00%

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.

Full property analysis

View analysis

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.