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Apartment in Nueva Andalucía, 3 bedrooms, 122 m² €445.000

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3
Bedrooms
2
Bathrooms
122 m²
Surface area
€3648
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 122 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 122 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 122 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 122 m² - Afbeelding 3
+33 photos

Analysis

Price
€445.000
Own investment (30%)
€133.500
Buyer costs
€44.500
Estimated nightly rate
€204,39
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€830,67
Maintenance costs
-€101,67
Cleaning costs
-€333,33
Platform fees
-€568,84
Municipal taxes
-€107,06
Tax (19%)
-€351,64
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

  • Proximity to amenities and golf courses: Enhances desirability.
  • Views and outdoor spaces: Terraces with pool and mountain views add value.
  • Leased status: Long-term tenant provides immediate income, but may limit renovation or upgrades.

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

13.47%

5 Year Return

67.35%

10 Year Return

134.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The apartment appears modern and newly built, which typically supports higher appreciation.
  • Local market trends in 2027: Marbella's real estate market has historically shown steady growth, especially in prime locations like Nueva Andalucía.
  • Property type: Apartments in desirable areas tend to appreciate well, especially those with amenities and views.
  • Economic outlook in 2027: Spain's economy is expected to recover and grow, positively impacting property values.
  • Demographic developments: An influx of expatriates and retirees continues to sustain demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities are likely to enhance property appeal.
  • Historical WOZ value trends: Past trends indicate stable or increasing WOZ values, reflecting rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade fixtures and appliances to high-end options.
  • Enhance outdoor spaces with landscaping or additional amenities.
  • Implement smart home technology for added convenience.

Description

Discover this modern, newly built 3-bedroom apartment in the thriving area of Nueva Andalucía, Marbella, Spain. Perfectly situated within walking distance to a wide range of amenities including restaurants, shops, schools, a sports center, and four prestigious golf courses, this property offers an ideal blend of comfort and convenience. Currently leased with a long-term tenant paying €1800/month, it presents an excellent investment opportunity in Nueva Andalucía. The spacious apartment features three bedrooms, two bathrooms—main en suite—a fully equipped kitchen, and two terraces offering stunning views: one overlooks the pool and the other showcases scenic mountain vistas and the vibrant main avenue of Miguel de Cervantes. Included with the property are an underground parking space and a storage room, providing added convenience. The secure urbanization boasts a community pool with night lighting, a large grassy solarium, and a relaxing chill-out area perfect for leisure and social gatherings. Located just five minutes by car from the renowned Puerto Banús, this property in Nueva Andalucía, Spain, combines prime location with modern living. Whether you're seeking a stylish home or a profitable investment in Marbella, this apartment stands out as an exceptional choice in the popular Nueva Andalucía real estate market.

Location

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