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Apartment in Nueva Andalucía, 3 bedrooms, 120 m² €450.000

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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€3750
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 120 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 120 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 120 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 120 m² - Afbeelding 3
+27 photos

Analysis

Price
€450.000
Own investment (30%)
€135.000
Buyer costs
€45.000
Estimated nightly rate
€204,39
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€840
Maintenance costs
-€100
Cleaning costs
-€333,33
Platform fees
-€568,84
Municipal taxes
-€108,12
Tax (19%)
-€349,98
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€204,39
High season
€274
Mid season
€196,17
Low season
€141

Price determining factors

  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports property appreciation.
  • Demographic developments: Increasing expatriate and retiree populations in Costa del Sol.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities boost property values.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

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

13.26%

5 Year Return

66.30%

10 Year Return

132.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and modern interior enhances value.
  • Local market trends in 2027: Growing demand for coastal properties on Costa del Sol.
  • Property type: Apartments in desirable locations tend to appreciate steadily.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade flooring or add smart home features.
  • Enhance outdoor space with landscaping or outdoor furniture.

Description

Discover this stunning middle-floor apartment in the desirable area of Nueva Andalucía, Spain, offering a perfect blend of comfort and convenience on the Costa del Sol. This spacious 3-bedroom, 2-bathroom property spans 120 sqm and features a modern, fully fitted kitchen, elegant marble flooring, and built-in wardrobes. The apartment boasts a private south-facing terrace with scenic sea and street views, ideal for relaxing or entertaining guests. Located close to shops, schools, and the beautiful beaches of Costa del Sol, this home provides excellent connectivity with nearby transport options. Residents benefit from a secure gated complex with 24-hour security, a communal swimming pool, and landscaped gardens. Additional features include a lift, satellite TV, storage room, covered terrace, and private parking in a garage. This fully furnished apartment in Nueva Andalucía is perfect for those seeking a stylish, move-in-ready residence in one of Spain’s most sought-after coastal locations. Whether you're looking for a permanent home or a lucrative investment opportunity, this property combines premium amenities with an unbeatable location on the Costa del Sol, Spain.

Location

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