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2
Bedrooms
2
Bathrooms
123 m²
Surface area
€
€5244
Price per m²
Apartment
Property type
+13 photos
Analysis
Price
€645.000
Own investment (30%)
€193.500
30% down payment of purchase price
Buyer costs
€64.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€1.204
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€102,50
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
-€458,25
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€149,56
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€161,31
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
€154,52
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Location within Nueva Andalucía and proximity to golf courses and beaches.
- Community amenities such as pools and gardens.
- Modern interior design and renovation quality.
- Views of pool and gardens.
- Accessibility to local attractions and infrastructure.
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
3.20%
5 Year Return
16.00%
10 Year Return
32.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value retention and growth.
- Local market trends in 2027: Expected to be positive due to high demand for luxury properties in Costa del Sol.
- Property type: Garden apartment in a desirable gated community, appealing to both residents and investors.
- Economic outlook in 2027: Likely stable or improving, supporting real estate appreciation.
- Demographic developments: Increasing number of affluent retirees and expatriates seeking luxury living.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and local services that enhance property appeal.
- Historical WOZ value trends: Consistent growth in property taxes indicating rising property values.
Possible improvements
- Adding a modernized kitchen or bathroom upgrades.
- Enhancing outdoor living space with additional landscaping or furniture.
- Installing smart home technology.
- Upgrading fixtures and fittings for increased luxury appeal.
- Improving energy efficiency with solar panels or insulation.
Description
Discover this stunning garden apartment for sale in Nueva Andalucía, Spain, a perfect blend of comfort, privacy, and elegance. Located in the highly sought-after Aloha Gardens, this renovated corner unit offers a spacious terrace with beautiful views of the pool and lush gardens, ideal for relaxing or entertaining. The property boasts a modern, art-inspired interior design, creating an inviting atmosphere for owners and guests alike.
Situated in a gated community within walking distance to prestigious Aloha Golf Club, this Nueva Andalucía apartment provides easy access to world-class golf, stunning beaches, renowned restaurants, and local supermarkets. The residence features two spacious bedrooms, a stylish bathroom, and ample parking, making it an ideal choice for both permanent residents and holidaymakers.
Enjoy the community’s communal pool, perfectly complemented by the large garden terrace, offering tranquility and privacy. This property is perfect for those seeking a luxurious lifestyle in the heart of the Costa del Sol. With its prime location, elegant interior, and exceptional amenities, this Nueva Andalucía garden apartment is a rare opportunity for discerning buyers looking for a home or investment in Spain’s most vibrant coastal town.
Location
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