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3
Bedrooms
2
Bathrooms
103 m²
Surface area
€
€8243
Price per m²
Apartment
Property type
+33 photos
Analysis
Price
€849.000
Own investment (30%)
€254.700
30% down
payment of purchase price
Buyer costs (10%)
€84.900
10% of purchase price
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€3.820,67
Gross rental income per year: €
45.848,04
Mortgage interest rate (%)
Monthly mortgage = interest on the loan + linear repayment per year. Changing the term updates the annual repayment automatically.
Mortgage term (years)
Repayment (per year)
€
Total mortgage costs
-€1.584,80
Maintenance costs
-€85,83
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
-€333,33
Annual cleaning costs: €4000
(€333,33/month). Based on number of bedrooms.
Platform fees
-€573,10
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€162,84
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€205,35
This is the VAT percentage you pay in the country of the property.
If you are a EU resident, you pay 19% VAT.
Cashflow p.m.
€875,42
Earned back in
Time to earn back own investment + buyer costs.
32.3 jaar
* Indicative calculation based on a linear mortgage.
Nightly Rates
Estimated nightly rate
€205,92
High season
€274
Mid season
€197,50
Low season
€142
Price determining factors
- High-quality finishes and move-in readiness.
- Proximity to beaches, Puerto Banús, and amenities.
- Community facilities like gardens and swimming pool.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €195,20 | Hacienda el Alamo | 22.6 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 10.3 km |
| €185 | Entire House with Terrace in Marbella | 3.3 km |
| €382,40 | Three bed house with pool 50 metres from the beach | 3.1 km |
| €175 | Chic 3BR Townhouse on the Beach + Pool + Parking | 8.1 km |
| €133,60 | Casa del Barco | Quiet 3BR Villa & Pool | 20.5 km |
| €140,40 | TOWNHOUSE Old Town Marbella Large Rooftop Terr! A | 7.1 km |
| €281,20 | Ocean Front Villa w/Private Pool | 8.1 km |
| €294,40 | Villa with pool near the beach for families | 14.7 km |
| €182,40 | House in Marbella's Old Town, 100m from the Beach☆ | 7.6 km |
Return & Value appreciation
Annual return
3.09%
5 Year Return
15.45%
10 Year Return
30.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value appreciation.
- Local market trends in 2027: Expected growth in Marbella's property market due to tourism and international interest.
- Property type: Ground floor apartment with private garden, appealing for both residents and investors.
- Economic outlook in 2027: Positive, with Spain's economy expected to recover and grow post-pandemic.
- Demographic developments: Increasing demand from expatriates and retirees seeking Mediterranean lifestyle.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and connectivity in Nueva Andalucía.
- Historical WOZ value trends: Consistent increase over recent years, indicating rising property values.
Possible improvements
- Adding a rooftop terrace or balcony for additional outdoor space.
- Upgrading kitchen appliances and fixtures.
- Enhancing outdoor landscaping and private garden features.
- Installing smart home technology for modern convenience.
Full property analysis
Log in to view cashflow, ROI and rental estimates for this deal.
View analysisDescription
Discover this exquisite ground floor apartment in the sought-after Jardines de Andalucía, nestled in the vibrant heart of Nueva Andalucía, Spain. Perfectly suited for those seeking a stylish Marbella residence, this renovated three-bedroom property offers a harmonious blend of modern comfort and Mediterranean charm. The open-plan living, dining, and kitchen area seamlessly extend to a private garden, creating an ideal space for outdoor living, entertaining, or relaxing under the Spanish sun. The master suite features a luxurious en-suite bathroom and generous walk-in closet, ensuring a tranquil retreat. Two additional bedrooms with fitted wardrobes and a contemporary guest bathroom provide ample space for family or guests. High-quality finishes, air conditioning, and move-in readiness enhance the property's appeal. Residents enjoy access to beautifully maintained communal gardens and a swimming pool within a secure gated community. Located just minutes from Marbella’s famous beaches, Puerto Banús, and local amenities, this apartment in Nueva Andalucía offers a prime opportunity for a permanent home, holiday retreat, or investment in one of Spain’s most desirable locations. Experience the best of Marbella living in this elegant property, ideal for those seeking a premium Nueva Andalucía apartment in Spain.
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