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2
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€3292
Price per m²
Apartment
Property type
+32 photos
Analysis
Price
€395.000
Own investment (30%)
€118.500
30% down payment of purchase price
Buyer costs
€39.500
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
-€737,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€100
{% 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
-€96,44
Municipal taxes for Nueva AndalucĂa
Tax
(19%)
-€259,88
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
- Location within Nueva AndalucĂa and proximity to golf courses and amenities.
- Views of golf and gardens enhance desirability.
- Modern renovations and high-end furnishings increase market value.
- Potential for rental income due to tourist demand.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
11.22%
5 Year Return
56.10%
10 Year Return
112.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The apartment is recently renovated with high-end furnishings, which enhances its appeal and value.
- Local market trends in 2027: The Marbella/Nueva AndalucĂa market is expected to remain strong due to ongoing demand for luxury properties.
- Property type: Apartments in this region are highly sought after, especially those with modern features and views.
- Economic outlook in 2027: Spain's economy is projected to grow steadily, supporting real estate appreciation.
- Demographic developments: Increasing foreign investment and expatriate interest continue to drive demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities in Nueva AndalucĂa will likely boost property values.
- Historical WOZ value trends: WOZ values have shown steady growth, reflecting increasing property worth.
Possible improvements
- Adding a balcony or terrace for outdoor space.
- Upgrading appliances or fixtures for further modernization.
- Enhancing outdoor areas or landscaping.
- Installing smart home technology.
Description
Discover this beautifully renovated 2-bedroom apartment for sale in Aloha, nestled within the prestigious Nueva AndalucĂa region of Spain. Perfectly positioned in the sought-after Le Village community, this modern residence offers stunning golf and garden views from its first-floor vantage point. The spacious 120 m² interior features an open-plan kitchen with brand-new, high-end furnishings, creating a sleek and functional living space ideal for comfortable living or lucrative rentals. The master suite boasts an en-suite bathroom, while large windows flood the apartment with natural light and frame picturesque scenery.
Location
Nightly rates in the area
Questions? Chat with us!