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4
Bedrooms
2
Bathrooms
119 m²
Surface area
€
€3992
Price per m²
House
Property type
+16 photos
Analysis
Price
€475.000
Own investment (30%)
€142.500
30% down payment of purchase price
Buyer costs
€47.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€350,40
Expected occupancy rate
59%
Gross rental p/m
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€0000
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Mortgage costs
-€886,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€99,17
{% trans '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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€943,23
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€113,44
Municipal taxes for Marbella
Tax
(19%)
-€735,43
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
€350,40
High season
€540
Mid season
€331,67
Low season
€170
Price determining factors
- High demand in Marbella Old Town.
- Limited supply of historic properties.
- Proximity to cultural and leisure amenities.
- Potential for renovation and expansion.
- Strong tourism sector supporting rental income.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
26.40%
5 Year Return
132.00%
10 Year Return
264.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with potential for upgrades to increase value.
- Local market trends in 2027: Expected to remain strong due to high demand in Marbella Old Town.
- Property type: Classic Andalusian house with expansion potential, appealing to both residents and investors.
- Economic outlook in 2027: Positive, with tourism and real estate sectors likely to grow.
- Demographic developments: Increasing interest from international buyers and retirees.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and public services.
- Historical WOZ value trends: Steady increase reflecting rising property values in the area.
Possible improvements
- Adding a fourth floor or penthouse from the rooftop to increase space and views.
- Renovating interiors to modern standards while preserving Andalusian charm.
- Creating an interior patio for enhanced aesthetic appeal.
- Upgrading kitchen and bathrooms for higher market value.
- Improving energy efficiency with modern insulation and windows.
Description
Discover a charming property with immense potential in Marbella Old Town, a highly sought-after area on the Costa del Sol, Spain. Located in the vibrant heart of Marbella's historic center, this house offers a perfect blend of traditional Andalusian character and modern expansion opportunities. Within walking distance to the iconic Plaza de los Naranjos, cobbled streets, boutique shops, authentic tapas bars, and the beautiful Marbella beach promenade, this property is ideal for both living and investment. Spanning approximately 129 m² across three floors plus a rooftop terrace with panoramic views, the home features a spacious living area, kitchen, bedrooms, and bathrooms. There is potential to add a fourth floor or penthouse from the rooftop, increasing both space and value. The property’s whitewashed facade and authentic architectural elements provide a true Andalusian charm, with options to create an interior patio. Perfect as a primary residence in Marbella, a holiday rental investment, or a mixed-use commercial and residential property, this home offers strong growth prospects. Its prime location ensures high foot traffic and proximity to cultural sites, historic squares, and the Marbella seafront. With strategic renovation, this property can significantly increase its market value. Don’t miss this exceptional opportunity to own a piece of Marbella’s historic Old Town—an ideal investment for buyers seeking a stylish home or high-yield rental property in Spain’s premier coastal destination.
Location
Nightly rates in the area
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