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2
Bedrooms
2
Bathrooms
85 m²
Surface area
€
€5047
Price per m²
Apartment
Property type
+17 photos
Analysis
Price
€429.000
Own investment (30%)
€128.700
30% down payment of purchase price
Buyer costs
€42.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€800,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€70,83
{% trans '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
-€457,63
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€103,66
Municipal taxes for Nueva AndalucĂa
Tax
(19%)
-€251,99
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.
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Log inNightly Rates
Estimated nightly rate
€154,31
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- High demand for luxury properties in Nueva AndalucĂa.
- Proximity to beaches, amenities, and attractions.
- Limited supply of similar high-end penthouses in the area.
- Strong rental market for holiday and long-term rentals.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
10.02%
5 Year Return
50.10%
10 Year Return
100.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which enhances value retention and appreciation potential.
- Local market trends in 2027: Expected to be positive due to high demand in Costa del Sol and ongoing tourism growth.
- Property type: Luxury penthouse apartments tend to appreciate faster due to exclusivity and demand.
- Economic outlook in 2027: Favorable, with steady economic growth in Spain and increased foreign investment.
- Demographic developments: Growing expatriate and retiree populations seeking luxury properties in Costa del Sol.
- Infrastructure plans in 2027: Planned improvements in transportation, amenities, and tourism infrastructure will boost property values.
- Historical WOZ value trends: Consistent increase over the past years, indicating a stable appreciation trend.
Possible improvements
- Adding smart home technology for modern appeal.
- Upgrading kitchen appliances and fixtures.
- Enhancing outdoor space with landscaping or additional features.
- Implementing energy-efficient solutions to reduce costs and appeal to eco-conscious buyers.
Description
Discover this stunning renovated penthouse apartment in Nueva AndalucĂa, Spain, offering the perfect blend of luxury, comfort, and prime location. Boasting two spacious bedrooms and two modern bathrooms, this property is a true gem for those seeking a stylish retreat in the heart of Costa del Sol. The southwest-facing orientation ensures abundant natural sunlight, illuminating the sleek, contemporary living space and the expansive uncovered terrace—ideal for relaxing or outdoor entertaining while enjoying panoramic views of the vibrant community. Recently updated to high standards, this Nueva AndalucĂa penthouse features modern finishes and an open-plan layout that maximizes space and comfort.
Situated in a highly sought-after neighborhood, the property offers unparalleled access to top amenities, including a large swimming pool, Padel courts, and an on-site restaurant, providing an all-inclusive lifestyle. Its unbeatable location places you just a short stroll from the beach, lively shops, and popular local attractions, making it an ideal choice for investors, holidaymakers, or those looking to settle in the Costa del Sol.
Experience the best of Spain's sunny coast in this exceptional Nueva AndalucĂa penthouse—where luxury living meets convenience and natural beauty. Don’t miss this rare opportunity to own a piece of paradise in one of Spain’s most desirable communities.
Location
Nightly rates in the area
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