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Apartment in Nueva Andalucía, 2 bedrooms, 140 m² €456.000

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2
Bedrooms
2
Bathrooms
140 m²
Surface area
€
€3257
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 2 bedrooms, 140 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 2 bedrooms, 140 m² - Afbeelding 1
Apartment in Nueva Andalucía, 2 bedrooms, 140 m² - Afbeelding 2
Apartment in Nueva Andalucía, 2 bedrooms, 140 m² - Afbeelding 3
+19 photos

Analysis

Price
€456.000
Own investment (30%)
€136.800
Buyer costs
€45.600
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€851,20
Maintenance costs
-€116,67
Cleaning costs
-€291,67
Platform fees
-€457,63
Municipal taxes
-€109,40
Tax (19%)
-€232,61
Cashflow p.m.
Earned back in
00months

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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 golf courses and amenities: Enhances desirability.
  • Community security and amenities: Adds value for residents.
  • Property size and layout: Spacious with functional layout.
  • Condition of property: Recent updates and good condition support higher pricing.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

8.70%

5 Year Return

43.50%

10 Year Return

87.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with recent renovations in bathrooms and flooring, which can enhance ROI.
  • Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand in Nueva AndalucĂ­a.
  • Property type: Apartments in a gated community tend to appreciate due to security and amenities.
  • Economic outlook in 2027: Positive, with Spain's economy projected to grow moderately, supporting real estate investments.
  • Demographic developments: Increasing expatriate and retiree populations seeking secure, leisure-oriented properties.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities will likely boost property values.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Enhance interior decor to modern standards.
  • Improve outdoor space or terrace area.
  • Add smart home features for convenience.

Description

Discover this exceptional property in the prestigious gated community of Nueva AndalucĂ­a, Spain, perfect for golf enthusiasts and those seeking a tranquil, secure lifestyle. Located adjacent to the renowned Las Brisas golf courses and near Aloha and Los Naranjos golf clubs, this residence offers prime access to some of the best golfing in the region. Situated on the first floor with a northeast orientation, this accessible flat features two spacious bedrooms with ample built-in wardrobes, including one with an en-suite bathroom. The bright, generously sized living room with a cozy fireplace opens onto a private terrace overlooking lush gardens and the communal swimming pool, ideal for relaxation and outdoor enjoyment. The fully fitted kitchen provides a functional space for daily living, while the high-standard construction ensures warmth and comfort throughout. Additional highlights include a designated parking space and a storage room, enhancing convenience. Nestled in a quiet, safe residential area of Nueva AndalucĂ­a, this property is close to a wide range of local amenities, making it a perfect choice for those seeking a serene environment with easy access to golf, dining, and leisure facilities. If you are looking for a property in Nueva AndalucĂ­a, Spain, that combines luxury, location, and lifestyle, this residence offers an ideal opportunity. Contact us today to arrange a viewing and experience the best of golf living in Spain.

Location

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