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Apartment in Nueva Andalucía, 4 bedrooms, 100 m² €360.000

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4
Bedrooms
2
Bathrooms
100 m²
Surface area
€
€3600
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 4 bedrooms, 100 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 4 bedrooms, 100 m² - Afbeelding 1
Apartment in Nueva Andalucía, 4 bedrooms, 100 m² - Afbeelding 2
Apartment in Nueva Andalucía, 4 bedrooms, 100 m² - Afbeelding 3
+15 photos

Analysis

Price
€360.000
Own investment (30%)
€108.000
Buyer costs
€36.000
Estimated nightly rate
€350,40
Expected occupancy rate
59%
Gross rental p/m
€0000
Mortgage costs
-€672
Maintenance costs
-€83,33
Cleaning costs
-€375
Platform fees
-€943,23
Municipal taxes
-€89
Tax (19%)
-€783,88
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€350,40
High season
€540
Mid season
€331,67
Low season
€170

Price determining factors

  • Proximity to amenities and transportation: Enhances desirability.
  • Property condition: Well-maintained units attract higher prices.
  • Local market demand: High demand for holiday and investment properties.
  • Economic factors: Stable economy, low interest rates, and favorable mortgage conditions.
  • Local developments: New infrastructure projects, commercial centers, or recreational facilities.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

37.13%

5 Year Return

185.65%

10 Year Return

371.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained interiors and recent renovations can boost ROI.
  • Local market trends in 2027: Growing demand for properties in Costa del Sol due to tourism and expatriate influx.
  • Property type: Apartments in desirable locations tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe can support property appreciation.
  • Demographic developments: Increasing expatriate and retiree populations in Costa del Sol.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities can enhance property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Renovate and modernize the kitchen and bathrooms.
  • Upgrade fixtures and fittings for a more contemporary look.
  • Improve energy efficiency with new windows, insulation, or solar panels.
  • Enhance outdoor spaces, such as the private terrace, with landscaping or furniture.
  • Implement smart home technology for added convenience.

Description

Discover this beautifully maintained middle-floor apartment in the sought-after area of Nueva Andalucía, Costa del Sol, Spain. Perfectly situated within a vibrant urbanization, this spacious 4-bedroom, 2-bathroom residence offers 100 m² of comfortable living space complemented by a 10 m² private terrace with scenic garden views. Ideal for those seeking a serene yet convenient lifestyle, the property features modern amenities including communal swimming pools, air conditioning with hot and cold climate control, and accessible facilities for residents with reduced mobility. The fully fitted kitchen, part-furnished interiors, and built-in wardrobes add to the property's appeal. Residents enjoy secure gated access, underground parking, and proximity to local shops, schools, and transportation options, including courtesy buses and fiber optic connectivity. The apartment’s south-facing orientation ensures abundant natural light, creating a warm and inviting atmosphere. Whether as a permanent residence or a lucrative investment in the Costa del Sol’s real estate market, this Nueva Andalucía property combines comfort, security, and prime location. Explore this resale opportunity in one of Spain’s most desirable regions, and enjoy the vibrant community life with nearby churches, mosques, and recreational facilities.

Location

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