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Apartment in Nueva Andalucía, 2 bedrooms, 139 m² €590.000

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2
Bedrooms
2
Bathrooms
139 m²
Surface area
€4245
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 2 bedrooms, 139 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 2 bedrooms, 139 m² - Afbeelding 1
Apartment in Nueva Andalucía, 2 bedrooms, 139 m² - Afbeelding 2
Apartment in Nueva Andalucía, 2 bedrooms, 139 m² - Afbeelding 3
+8 photos

Analysis

Price
€590.000
Own investment (30%)
€177.000
Buyer costs
€59.000
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.101,33
Maintenance costs
-€115,83
Cleaning costs
-€291,67
Platform fees
-€458,25
Municipal taxes
-€137,88
Tax (19%)
-€180,51
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€154,52
High season
€212
Mid season
€148,75
Low season
€108

Price determining factors

  • Prime location near golf courses and amenities.
  • High-quality refurbishment and furnishings.
  • Views and outdoor space with a large terrace.
  • Security and gated community features.

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

3.91%

5 Year Return

19.55%

10 Year Return

39.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Modern upgrades and excellent condition enhance value.
  • Local market trends in 2027: Growing demand for luxury properties in Costa del Sol.
  • Property type: High-demand apartment on frontline golf course.
  • Economic outlook in 2027: Stable with positive growth prospects in Spain.
  • Demographic developments: Increasing expatriate and retiree population.
  • Infrastructure plans in 2027: Continued improvements in transportation and amenities.

Possible improvements

  • Upgrade kitchen appliances and finishes.
  • Add smart home technology.
  • Enhance outdoor living space with landscaping or outdoor furniture.
  • Implement energy-efficient systems to reduce utility costs.

Description

Discover this stunning middle-floor apartment in the prestigious Nueva Andalucía, Costa del Sol, Spain, offering an exceptional blend of luxury and comfort. This beautifully refurbished 2-bedroom, 2-bathroom property spans 139 square meters of elegant living space, complemented by a spacious 25-square-meter terrace with scenic garden views. Located in a sought-after urbanization, the apartment is ideally situated on the frontline golf course, close to top golf courses, renowned schools, and amenities, making it perfect for both lifestyle and investment purposes. This south-facing apartment boasts an excellent condition with modern upgrades, featuring a fully fitted kitchen, marble flooring, double glazing, and fiber optic connectivity. Enjoy year-round climate control with air conditioning that provides both hot and cold options. The private covered terrace is ideal for outdoor entertaining, while the communal gardens and pool offer additional relaxation options. Security is a priority with gated complex access and 24-hour security services. Underground parking ensures convenience, and utilities such as electricity, drinkable water, and gas are readily available. The property comes fully furnished, making it move-in ready for those seeking a luxurious lifestyle in Spain’s premier Costa del Sol region. This luxury apartment in Nueva Andalucía, Spain, combines prime location, modern amenities, and elegant design—perfect for discerning buyers looking for a high-quality investment or permanent residence in Costa del Sol, Spain.

Location

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