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Apartment in Nueva Andalucía, 3 bedrooms, 131 m² €685.000

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3
Bedrooms
2
Bathrooms
131 m²
Surface area
€5229
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 131 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 131 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 131 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 131 m² - Afbeelding 3
+35 photos

Analysis

Price
€685.000
Own investment (30%)
€205.500
Buyer costs
€68.500
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.278,67
Maintenance costs
-€109,17
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€158,06
Tax (19%)
-€259,98
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€205,92
High season
€274
Mid season
€197,50
Low season
€142

Price determining factors

  • Economic outlook in 2027: A stable or growing economy on the Costa del Sol will positively influence property values.
  • Demographic developments: Increasing number of expatriates and tourists seeking holiday homes or investment properties.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and local services will enhance property appeal.

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

4.85%

5 Year Return

24.25%

10 Year Return

48.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports value appreciation.
  • Local market trends in 2027: Expected continued demand for properties in prime locations like Nueva Andalucía, boosting prices.
  • Property type: Apartments in high-demand areas tend to appreciate steadily, especially with vacation rental potential.

Possible improvements

  • Adding modern smart home features.
  • Upgrading kitchen appliances or bathroom fixtures.
  • Enhancing outdoor space with landscaping or additional amenities.

Description

Discover this beautifully renovated 3-bedroom apartment in Nueva Andalucía, Spain, a prime location just minutes from Puerto Banús, Centro Plaza, and stunning beaches. This spacious, bright first-floor corner residence offers 124m2 of meticulously designed living space, including a modern kitchen with Bosch appliances, two luxurious bathrooms with walk-in showers, and a large living and dining area flooded with natural light and picturesque views of La Concha mountain. All bedrooms feature built-in wardrobes, with two offering extra space for a home office or dressing area. Step outside onto the generous terrace accessible from the living room and master bedroom—perfect for relaxing or alfresco dining. The apartment is situated in a secure, well-maintained community with 24-hour security, three swimming pools—including an Olympic-sized and heated pool—and lush communal gardens. Additional features include wooden floors, energy-efficient water heater, new A/C units, a covered utility/storage room, and an included underground parking space. The property boasts a valid Local Planning Ordinance (LPO) in place, allowing vacation rentals, making it an excellent investment opportunity in Nueva Andalucía, Spain. With high rental demand for long-term and short-term stays, this home caters to families or investors seeking a premium property in Spain’s Costa del Sol. Conveniently located near all amenities, shops, restaurants, and supermarkets, this apartment combines luxury, functionality, and location – a true gem in Nueva Andalucía.

Location

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