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2
Bedrooms
1
Bathrooms
95 m²
Surface area
€
€6263
Price per m²
Apartment
Property type
+9 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
€139,18
Expected occupancy rate
64%
Gross rental p/m
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€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
-€79,17
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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€406,41
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€138,94
Municipal taxes for Puerto Banús
Tax
(19%)
-€129,68
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
€139,18
High season
€185
Mid season
€133,92
Low season
€100
Price determining factors
- Proximity to the beach and marina: Highly desirable features that drive up property prices.
- Location in Puerto Banús: Known for luxury lifestyle and tourism, supporting higher property values.
- Property features: Modern amenities, security, and views add value.
- Market demand: High demand for rental and holiday properties in the area.
- Economic factors: Tourism growth, foreign investment, and local economic stability.
- Local developments: New luxury developments and infrastructure projects enhance property attractiveness.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €166,80 | Chariming and creative house 50m from the beach | 13.5 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 6.9 km |
| €186,80 | Unique place with roof terrace in Old town | 6.9 km |
| €124,86 | Sunny hillside casita in Guaro | 21.2 km |
| €118 | Villacana Villa-holiday by the beach | 9.4 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 7.1 km |
| €125,60 | Modern Townhouse, roof terrace in Estepona OldTown | 18.0 km |
| €139 | Casa Relajante - big summer garden | 19.8 km |
| €286,80 | Beachfront BohoChic II Pool+DirectBeach+Parking | 21.6 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 1.5 km |
Return & Value appreciation
Annual return
2.79%
5 Year Return
13.95%
10 Year Return
27.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern features, which supports value retention and growth.
- Local market trends in 2027: Expected to remain strong due to high demand in Puerto Banús and surrounding areas.
- Property type: Apartments in a prime location tend to appreciate steadily, especially with tourism and expatriate interest.
- Economic outlook in 2027: Likely positive with continued growth in Spain's economy, boosting real estate investments.
- Demographic developments: Increasing number of retirees and expatriates seeking properties in coastal Spain.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and marina facilities will enhance property appeal.
- Historical WOZ value trends: Consistent increase over the past years, indicating rising property values in the area.
Possible improvements
- Renovate the kitchen and bathroom for modern appeal.
- Upgrade the terrace to create an outdoor living space.
- Install energy-efficient windows and appliances to reduce costs.
- Enhance security features for added safety.
- Repaint and refresh interior decor to increase visual appeal.
Description
Discover this charming light-filled 1-2 bedroom apartment in Puerto Banús, Spain, offering 95 square meters of versatile living space. Located on the third floor with elevator access from the basement parking, this property features a spacious open-plan living room with a cozy built-in fireplace and large windows that flood the space with morning sunlight. Adjacent to the living area is a dedicated dining space overlooking the iconic Palm Tree Avenue of Julia Iglesia, providing picturesque views of Puerto Banús. The fully equipped kitchen is accessible from the dining zone, perfect for modern living.
The generous master bedroom boasts built-in wardrobes and charming arched wooden windows with metal blinds, allowing ample morning light. The luxurious bathroom includes double marble sinks, a shower, and a bathtub, complemented by a separate WC. The original south-facing terrace has been enclosed with double doors and windows in solid pine wood, creating a flexible space that has been used as a second bedroom, office, gym, or additional cloakroom.
This Puerto Banús apartment offers excellent security with wrought iron gates, night-time access control, and a small storage unit near the entrance. Its prime location provides direct access from the basement to the marina and port, with the beach just 60 meters away. Ideal as a rental investment or for year-round living, this property combines comfort, security, and unbeatable location in the heart of Puerto Banús, Spain.
Location
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Nightly rates in the area
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