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Apartment in Nueva Andalucía, 2 bedrooms, 217 m² €515.000

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Bedrooms

Bathrooms

217 m²

Surface area

€

€2373

Price per m²

Apartment

Property type

Apartment in Nueva Andalucía, 2 bedrooms, 217 m² - Afbeelding 1

Apartment in Nueva Andalucía, 2 bedrooms, 217 m² - Afbeelding 2

Apartment in Nueva Andalucía, 2 bedrooms, 217 m² - Afbeelding 3

+19 photos

Analysis

View Report

Price

€515.000

Own investment (30%)

30% down payment of purchase price

€154.500

Buyer costs

Buyer costs: 10% of purchase price

€51.500

Estimated nightly rate

€154,54

Expected occupancy rate

65%

Gross rental p/m

€0000 Sign in to view

Mortgage costs

This is the monthly interest you pay for the mortgage (3.2% interest)

-€961,33

Maintenance costs

Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.

-€180,83

Cleaning costs

Annual cleaning costs: €3500 (€291,67/month). Based on number of bedrooms.

-€291,67

Platform fees

15% commission based on average fees from Booking.com and Airbnb

-€458,31

Municipal taxes

Municipal taxes for Nueva Andalucía

-€121,94

Tax (19%)

This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.

-€197,85

Cashflow p.m.

Earned back in

Time to earn back own investment + buyer costs.

00months

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Nightly Rates

Estimated nightly rate

€154,54

High season

€212

Mid season

€148,75

Low season

€108

Price determining factors

Proximity to Marbella amenities and golf courses.
Views of the lake and Mediterranean.
Community facilities like pool and gardens.
Property size and layout.
Condition of fixtures and furnishings.

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

4.91%

5 Year Return

24.55%

10 Year Return

49.10%

ROI Distribution

Value development

Factors for value appreciation

Property condition: Well-maintained modern interior enhances value.
Local market trends in 2027: Expected growth due to tourism and expatriate influx.
Property type: Luxury apartment in a sought-after area.
Economic outlook in 2027: Positive, with steady growth in Spain and Marbella.
Demographic developments: Increasing expatriate and retiree populations.
Infrastructure plans in 2027: Improvements in transportation and amenities.
Historical WOZ value trends: Steady increase reflecting property appreciation.

Possible improvements

Upgrade kitchen appliances and finishes.
Enhance outdoor living spaces, such as terrace furniture.
Add smart home features for modern convenience.
Improve landscaping around private patios.
Renovate bathrooms with high-end fixtures.

Description

Discover this elegant ground-floor apartment in the prestigious Las Tortugas de Aloha community, located in the heart of Nueva Andalucía, Spain. Perfect for those seeking a luxurious Marbella property, this 2-bedroom, 2-bathroom home seamlessly combines modern comfort with natural beauty, offering stunning lake views and access to tranquil surroundings just minutes from Marbella's vibrant amenities. Spanning 217 m², the open-plan design features a designer kitchen with a spacious island, flowing effortlessly into a bright living and dining area. Sliding glass doors open onto a large west-facing terrace, ideal for enjoying Marbella’s famed sunsets. The master suite opens directly onto the terrace, while the second bedroom has its own private patio — perfect for relaxation. High-quality fixtures adorn the bathrooms, complemented by private garage parking, a generous storage room with lift access, and access to beautifully maintained communal gardens. Residents enjoy an infinity-style pool overlooking the Mediterranean, within a secure gated community. Situated just 10 minutes from Puerto Banús and near top golf courses, international schools, and shopping, this property offers the ideal Marbella lifestyle. Whether as a holiday retreat or a permanent residence, this Nueva Andalucía apartment embodies elegance and practicality. A viewing is highly recommended to explore this exceptional Marbella property in Nueva Andalucía, Spain.