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2
Bedrooms
2
Bathrooms
118 m²
Surface area
€
€3508
Price per m²
Apartment
Property type
+26 photos
Analysis
Price
€414.000
Own investment (30%)
€124.200
30% down payment of purchase price
Buyer costs
€41.400
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€772,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€98,33
{% trans '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
-€457,63
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€100,48
Municipal taxes for Nueva AndalucĂa
Tax
(19%)
-€252,69
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
€154,31
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Proximity to Puerto BanĂşs and beaches increases desirability.
- High-end amenities and secure community add value.
- Potential for rental income, especially in tourist seasons.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
10.41%
5 Year Return
52.05%
10 Year Return
104.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern apartment with recent updates enhances value.
- Local market trends in 2027: Growing demand for luxury properties in Nueva AndalucĂa due to tourism and expatriate influx.
- Property type: Ground-floor apartment with private terrace is attractive for both residents and investors.
- Economic outlook in 2027: Stable to positive, with Spain's tourism and real estate sectors expected to perform well.
- Demographic developments: Increasing expatriate and retiree populations seeking luxury living.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and local services support property appreciation.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade flooring and fixtures to increase luxury feel.
- Enhance outdoor space with landscaping or additional features.
Description
Discover this exceptional ground-floor apartment in the highly sought-after urbanization of Nueva AndalucĂa, Spain, just minutes from the glamorous Puerto BanĂşs. Perfectly positioned for convenience and luxury, this property offers easy access to beaches, upscale shopping, renowned restaurants, sports facilities, and top-rated schools, making it an ideal choice for both living and investment. Situated within a secure, Mediterranean-style community, the apartment features two spacious bedrooms and two bathrooms, complemented by a large living room with a cozy fireplace, a separate modern kitchen, and a sunny south-facing terrace—perfect for relaxing and entertaining. The urbanization boasts lush gardens, communal swimming pools, and 24-hour security, ensuring a tranquil and safe environment. Located in one of the most desirable areas of Nueva AndalucĂa, this property presents a fantastic opportunity for high rental yields, attracting tourists and long-term tenants alike. Whether you’re seeking a permanent residence or an investment property, this apartment offers the perfect combination of comfort, location, and potential in Spain’s premier golf and leisure destination. Don’t miss the chance to own this outstanding property in Nueva AndalucĂa, Spain, where luxury living meets excellent investment prospects.
Location
Nightly rates in the area
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