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Apartment in Nueva Andalucía, 2 bedrooms, 80 m² €390.000

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2
Bedrooms
2
Bathrooms
80 m²
Surface area
€
€4875
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 2 bedrooms, 80 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 2 bedrooms, 80 m² - Afbeelding 1
Apartment in Nueva Andalucía, 2 bedrooms, 80 m² - Afbeelding 2
Apartment in Nueva Andalucía, 2 bedrooms, 80 m² - Afbeelding 3
+12 photos

Analysis

Price
€390.000
Own investment (30%)
€117.000
Buyer costs
€39.000
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€728
Maintenance costs
-€66,67
Cleaning costs
-€291,67
Platform fees
-€457,63
Municipal taxes
-€95,38
Tax (19%)
-€268,18
Cashflow p.m.
Earned back in

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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 Puerto BanĂşs and beaches: High demand area.
  • Community amenities: Pools, tennis courts, security, and leisure facilities add value.
  • Property size and features: 2 bedrooms, sun terrace, modern bathrooms.
  • Market demand for vacation and investment properties: Strong in this region.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

11.73%

5 Year Return

58.65%

10 Year Return

117.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with recent updates, positively impacting value.
  • Local market trends in 2027: Expected growth due to tourism and expatriate interest in Nueva AndalucĂ­a.
  • Property type: Apartments in a desirable complex tend to appreciate steadily.
  • Economic outlook in 2027: Favorable, with Spain's economy recovering and growing.
  • Demographic developments: Increasing expatriate and retiree population boosting demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in the region.
  • Historical WOZ value trends: Consistent increase, indicating rising property values.

Possible improvements

  • Renovate the kitchen and bathrooms for modern appeal.
  • Upgrade interior finishes and appliances.
  • Enhance outdoor space with landscaping or furniture.
  • Add smart home features for convenience and security.

Description

Discover this charming 2-bedroom apartment in the sought-after Dama de Noche residential complex, nestled in the heart of Nueva Andalucía, Spain. Perfectly positioned just minutes from the luxurious Puerto Banús marina, this well-maintained property offers a bright and sunny living experience thanks to its west-facing orientation. The apartment features two spacious bedrooms, two modern bathrooms, a separate fully-equipped kitchen, and a generous living and dining area that opens onto a large sun terrace—ideal for relaxing or entertaining. Situated within a secure, gated community, residents enjoy access to two pristine swimming pools, a restaurant, tennis courts, a children's playground, and 24-hour security. The beautifully landscaped gardens and tranquil environment provide a perfect retreat while remaining close to beaches, fine dining, and the vibrant Puerto Banús nightlife. An underground parking space adds to the convenience. This exceptional property in Nueva Andalucía, Spain, is an ideal investment opportunity or perfect vacation home, combining comfort, security, and a prime location in one of Spain’s most desirable areas.

Location

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