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Apartment in Nueva Andalucía, 2 bedrooms, 99 m² €560.000

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Bedrooms

Bathrooms

99 m²

Surface area

€

€5657

Price per m²

Apartment

Property type

Apartment in Nueva Andalucía, 2 bedrooms, 99 m² - Afbeelding 1

Apartment in Nueva Andalucía, 2 bedrooms, 99 m² - Afbeelding 2

Apartment in Nueva Andalucía, 2 bedrooms, 99 m² - Afbeelding 3

+16 photos

Analysis

Price

€560.000

Own investment (30%)

30% down payment of purchase price

€168.000

Buyer costs

Buyer costs: 10% of purchase price

€56.000

Estimated nightly rate

€154,52

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)

-€1.045,33

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.

-€82,50

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

-€458,25

Municipal taxes

Municipal taxes for Nueva Andalucía

-€131,50

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.

-€198,69

Cashflow p.m.

Earned back in

Time to earn back own investment + buyer costs.

00months

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Nightly Rates

Estimated nightly rate

€154,52

High season

€212

Mid season

€148,75

Low season

€108

Price determining factors

Location in Nueva Andalucía, close to amenities and the beach.
Sea and mountain views that add premium value.
Community amenities like pool, garden, and security.
Property features such as private terrace, garage, and storage.

Comparable accommodations

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

4.54%

5 Year Return

22.70%

10 Year Return

45.40%

ROI Distribution

Value development

Factors for value appreciation

Property condition: Well-maintained, modern features enhance value.
Local market trends in 2027: Expected growth due to tourism and expatriate demand.
Property type: Apartments in high-demand area tend to appreciate.
Economic outlook in 2027: Positive, with steady growth in Spain.
Demographic developments: Increasing expatriate and retiree populations.
Infrastructure plans in 2027: Improved transportation and amenities boost property appeal.
Historical WOZ value trends: Consistent increase indicating rising property values.

Possible improvements

Upgrade kitchen appliances and finishes.
Add smart home features for modern appeal.
Enhance outdoor space with landscaping or outdoor furniture.
Implement energy-efficient systems to reduce utility costs.

Description

Discover this stunning 2-bedroom, 2-bathroom apartment for sale in Nueva Andalucía, Spain, offering a perfect blend of comfort and luxury. Spanning 99 square meters of beautifully maintained living space, this property features a spacious private terrace of 52.4 square meters with captivating sea and mountain views. The apartment boasts an open-plan, fully fitted kitchen, air conditioning, electric blinds, fitted wardrobes, and a secure gated community with 24-hour security services. Enjoy access to a communal swimming pool and lush garden areas, ideal for relaxation and outdoor entertaining, including a built-in barbecue. The property includes a private garage and a storage room for added convenience. Located in the sought-after area of Nueva Andalucía, this residence is close to the beach, shops, restaurants, schools, and town center, making it an excellent choice for those seeking an active, vibrant lifestyle in Spain.