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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€4958
Price per m²
Apartment
Property type
+32 photos
Analysis
Price
€595.000
Own investment (30%)
€178.500
30% down payment of purchase price
Buyer costs
€59.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€1.110,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€100
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
-€138,94
Municipal taxes for Nueva Andalucía
Tax
(19%)
-€297,28
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
€205,92
High season
€274
Mid season
€197,50
Low season
€142
Price determining factors
- Economic outlook in 2027: Stable or growing economy supports property appreciation.
- Demographic developments: Increasing number of affluent residents and expatriates.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities could boost property values.
- Historical WOZ value trends: Consistent increase in property taxes indicates 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
6.39%
5 Year Return
31.95%
10 Year Return
63.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Newly renovated and high-quality finishes enhance value.
- Local market trends in 2027: Growing demand for luxury properties in Nueva Andalucía and Puerto Banús.
- Property type: Apartments in high-demand, prestigious locations tend to appreciate well.
Possible improvements
- Adding a private pool or jacuzzi.
- Upgrading smart home features.
- Enhancing outdoor space with landscaping or a terrace extension.
- Improving energy efficiency with solar panels or additional insulation.
Description
Discover this stunning fully renovated apartment in the prestigious Los Naranjos complex, located in the heart of Nueva Andalucía, Spain. This exceptional 3-bedroom, 2-bathroom ground-floor residence offers modern luxury and convenience just a short stroll from Puerto Banús. Completely refurbished to the highest standards, the property features bespoke furniture, premium finishes, and sophisticated design elements throughout. The open-plan living area boasts a designer kitchen with integrated top-tier appliances and a stylish island dining space, perfect for entertaining. The inviting lounge includes a cozy fireplace, creating a warm ambiance. The master bedroom has a private en-suite bathroom, while the additional guest bedrooms share a contemporary second bathroom, both finished with luxurious materials. Recent renovations include new plumbing, electrical systems, and air conditioning, ensuring move-in readiness. Additional features include underfloor heating in bathrooms, electrical shutters, and ambient lighting. South-facing and bathed in sunlight, the private terrace offers an ideal outdoor space for relaxation and gatherings. Residents enjoy access to lush tropical gardens, swimming pools, and a tranquil environment within a secure urbanization. Located near Puerto Banús, beaches, supermarkets, restaurants, and schools, this property is perfect for families, holidaymakers, or investors seeking high rental demand in Nueva Andalucía, Spain. Don’t miss the opportunity to own this exceptional property in one of Spain’s most sought-after locations. Contact us today to arrange a viewing!
Location
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