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3
Bedrooms
2
Bathrooms
112 m²
Surface area
€
€4018
Price per m²
Apartment
Property type
+7 photos
Analysis
Price
€450.000
Own investment (30%)
€135.000
30% down payment of purchase price
Buyer costs
€45.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€204,39
Expected occupancy rate
61%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€840
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€93,33
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€568,84
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€108,12
Municipal taxes for Nueva AndalucÃa
Tax
(19%)
-€351,25
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
€204,39
High season
€274
Mid season
€196,17
Low season
€141
Price determining factors
- Proximity to amenities such as supermarkets, cafes, and schools.
- Quality of local infrastructure and transport links.
- Market demand for rental and purchase properties in Nueva AndalucÃa.
- Economic stability and growth in Spain.
- Development projects and urban planning in the vicinity.
Comparable accommodations
| 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
13.31%
5 Year Return
66.55%
10 Year Return
133.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern interiors increase appeal and value.
- Local market trends in 2027: Growing demand for properties in Nueva AndalucÃa due to its popularity and amenities.
- Property type: Apartments tend to have steady appreciation, especially in desirable locations.
- Economic outlook in 2027: Positive economic growth in Spain supports real estate appreciation.
- Demographic developments: Increasing population and demand for housing in the area.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities enhance property value.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Add smart home features to increase desirability.
- Improve outdoor space or terrace with landscaping or furniture.
- Upgrade fixtures and fittings to premium quality.
- Implement energy-efficient solutions to reduce utility costs.
Description
Discover this charming first-floor apartment for sale in the desirable area of Nueva AndalucÃa, Spain. Perfect for families and discerning buyers, this well-designed residence offers three spacious bedrooms, including a master suite with a private en-suite bathroom, providing comfort and privacy. The highlight of this Nueva AndalucÃa property is its beautiful terrace, ideal for outdoor relaxation, enjoying scenic views, or entertaining guests amidst the pleasant Spanish climate. The living area is bright and airy, creating a cozy ambiance, complemented by a modern, fully equipped kitchen with an adjacent laundry room. Located in the heart of Nueva AndalucÃa, this apartment provides unparalleled convenience with nearby supermarkets, cafes, schools, and excellent public transport links, making everyday life effortless. An included garage space adds to the property's appeal, ensuring secure parking. Whether you're looking for a family home or a strategic investment in the vibrant real estate market of Nueva AndalucÃa, Spain, this property offers exceptional value. Don't miss this opportunity to own a well-distributed, charming apartment in one of Spain's most sought-after locations.
Location
Nightly rates in the area
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