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2
Bedrooms
2
Bathrooms
204 m²
Surface area
€
€2770
Price per m²
Apartment
Property type
+21 photos
Analysis
Price
€565.000
Own investment (30%)
€169.500
30% down payment of purchase price
Buyer costs
€56.500
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
-€1.054,67
This is the monthly interest you pay for the mortgage
(3.2% interest)
Maintenance costs
-€170
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
-€132,56
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€180,09
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.
Nightly Rates
Estimated nightly rate
€154,52
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Proximity to golf courses, beaches, and amenities increases desirability.
- High-quality community facilities and security add value.
- Potential for short-term rental income enhances investment appeal.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| 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
4.08%
5 Year Return
20.40%
10 Year Return
40.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained interiors and amenities support steady appreciation.
- Local market trends in 2027: Growing demand for holiday and permanent residences in Nueva Andalucía boosts property values.
- Property type: Apartments in gated communities are attractive for security and amenities, supporting value growth.
- Economic outlook in 2027: Stable economic growth in Spain and tourism sector resilience favor property appreciation.
- Demographic developments: Increasing expatriate and retiree populations in the area enhance demand.
- Infrastructure plans in 2027: Planned improvements in transportation and local amenities can increase property appeal.
- Historical WOZ value trends: Consistent increases in property taxes reflect rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade flooring and fixtures to increase luxury feel.
- Enhance outdoor spaces with landscaping or outdoor furniture.
- Implement energy-efficient appliances and systems to reduce costs.
Description
Discover this elegant ground-floor apartment in the prestigious and tranquil community of Nueva Andalucía, Spain. Perfectly positioned just minutes from Puerto Banús and renowned golf courses, this property offers a harmonious blend of comfort, privacy, and Mediterranean elegance. The spacious layout includes two generous bedrooms and two bathrooms, with the master suite featuring an en-suite bathroom. Both bedrooms have private terraces that flood the interiors with natural light and provide exclusive outdoor space, ideal for relaxation. The fully equipped independent kitchen, complete with a convenient laundry area, seamlessly connects to the bright living and dining area, which opens onto a large private terrace. This outdoor space offers direct access to the communal pool, allowing for enjoyable outdoor living in a secure, gated environment. Additional amenities include a private underground parking space and a storage room. Set amidst lush tropical gardens, a serene lake, and a large swimming pool, this Nueva Andalucía apartment provides a peaceful retreat within a 24-hour secure community. Its prime location ensures easy access to top golf courses, beaches, and all essential amenities, making it an excellent investment, holiday home, or permanent residence. Note: Short-term rentals are permitted in this gated community, although the property currently does not hold a touristic license.
Location
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