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3
Bedrooms
3
Bathrooms
115 m²
Surface area
€
€5209
Price per m²
Apartment
Property type
+32 photos
Analysis
Price
€599.000
Own investment (30%)
€179.700
30% down payment of purchase price
Buyer costs
€59.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€223,23
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage costs
-€1.118,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€95,83
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
-€621,28
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€139,79
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€348,36
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
€223,23
High season
€299
Mid season
€214,17
Low season
€159
Price determining factors
- Proximity to beaches, Puerto Banus, and Centro Plaza.
- Sea views and natural sunlight.
- Lack of parking but availability in nearby garages.
- Building does not have a lift, which may affect desirability.
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
7.44%
5 Year Return
37.20%
10 Year Return
74.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-renovated duplex with modern amenities enhances value.
- Local market trends in 2027: Growing demand for holiday rentals and luxury properties in Marbella.
- Property type: High-demand duplex penthouse in a sought-after area.
- Economic outlook in 2027: Positive economic growth in Spain and tourism sector expansion.
- Demographic developments: Increasing number of affluent retirees and holidaymakers.
- Infrastructure plans in 2027: Improvements in transportation and local amenities boosting attractiveness.
Possible improvements
- Adding parking solutions, such as a dedicated parking space or partnership with nearby garages.
- Upgrading interior finishes or adding smart home features.
- Enhancing outdoor space or adding a jacuzzi or outdoor kitchen.
- Improving energy efficiency with solar panels or better insulation.
Description
Discover this stunning west-facing renovated duplex penthouse in the sought-after El Dorado urbanisation, located in the vibrant heart of Nueva Andalucia, Spain. Perfect for both relaxed living and investment, this property offers breathtaking sea views and ample natural sunlight in the afternoons. Situated within walking distance to the beach, Puerto Banus, and the lively Centro Plaza with its shops and restaurants, this duplex penthouse provides the ultimate Marbella lifestyle. Featuring three spacious bedrooms—one on the ground floor with an en-suite shower and a guest toilet, and two on the upper floor including an en-suite master bedroom with a private terrace and skylight—this property combines comfort and elegance. The open-plan living room seamlessly connects to a modern kitchen and leads onto a large terrace, ideal for entertaining or enjoying sunset views. The apartment comes with a holiday rental license, making it an attractive investment opportunity in Nueva Andalucia, Spain. The 135m2 property (according to the title deed) does not include parking, though rental options in underground garages may be available. Please note, the building does not have a lift. Whether seeking a luxurious holiday home or a lucrative rental property, this duplex penthouse in Nueva Andalucia offers exceptional value. Viewings are subject to availability due to frequent rentals. Experience the best of Marbella living with this unique property in the heart of Nueva Andalucia, Spain.
Location
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