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Apartment in Nueva Andalucía, 2 bedrooms, 118 m² €414.000

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2
Bedrooms
2
Bathrooms
118 m²
Surface area
€
€3508
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 2 bedrooms, 118 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 2 bedrooms, 118 m² - Afbeelding 1
Apartment in Nueva Andalucía, 2 bedrooms, 118 m² - Afbeelding 2
Apartment in Nueva Andalucía, 2 bedrooms, 118 m² - Afbeelding 3
+26 photos

Analysis

Price
€414.000
Own investment (30%)
€124.200
Buyer costs
€41.400
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€772,80
Maintenance costs
-€98,33
Cleaning costs
-€291,67
Platform fees
-€457,63
Municipal taxes
-€100,48
Tax (19%)
-€252,69
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 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 Andalucía, Spain, just minutes from the glamorous Puerto Banús. 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 Andalucía, 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 Andalucía, Spain, where luxury living meets excellent investment prospects.

Location

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