Invest opportunity ROI 25%
Dear Investor,
if you want to earn around €1.000.000 during the year, this luxury apartment in the centre of Marbella is a unique opportunity for you because it has:
- TOP location for wealthy tourist in the heart of Marbella, one minute to the promenade, near Marbella Golden Mile and New Golden Mile, 52 km ( 30 minutes) from airport in Malaga, Costa del Sol Spain, and 74 km (60 minutes) from airport in Gibraltar
- Attractive price €3,150,000 and negotiable
- Possibility of renting all year round and quick rental revenue around €80,000 per year
- The possibility of renovation and resale with a lot of profits in price €4,900,000
- ROI 25%
*Valuation based on a previously completed project in a similar apartment in the same building.
Luxury frontline beach apartment with sea views in centre of Marbella 30 min from airport Malaga, Costa del Sol Spain
€3,150,000
Beds
3
Baths
3
Built
242 m2
Terrace
46 m2
Garage
4 cars
Investment Calculations
Property price | |
---|---|
Buing price | €3,150,000 |
ITP tax 7% | €220,500 |
Price with taxes | €3,370,500 |
Additional costs | |
Notary cost (0,5%) | €15,750 |
Lawyer cost (1%) | €31,500 |
Ready business plan (2%) | €63,000 |
Sum | €110,250 |
Renovation cost | €250,000 |
TOTAL COSTS | €3,730,750 |
Calculation | |
---|---|
Selling price | €4,900,000 |
Costs | – €3,730,750 |
Income | = €1,169,250 |
Capital growth tax (19%) | – €222,158 |
Profit | = €947,092 |
ROI | 25% |
*The approximate rental revenue for this type of property in this area is €80,000 per year.
Additional taxes and costs
IBI tax | Community |
---|---|
€2,276 / year | €519 / month |
Apartment for sale in Mare Nostrum, center of Marbella
This luxurious apartment for sale is located in the highly coveted frontline beach Mare Nostrum building in Marbella town. One of the most emblematic buildings of Marbella is renowned for its prime location, which offers breathtaking panoramic views of the Mediterranean Sea, African mountains and Marbella’s coastline. The building is a part of the resort-style Los Cipreses del Mar complex that is undoubtedly one of the most upmarket area in Marbella centre. A privileged location provides high quality of life. All amenities are at hand, and you can access the beach in less than 1 minute. La Fontanilla Beach is one of the best beaches in the town, which is almost 2,000 m long and has some excellent establishments and charming chiringuitos. Surrounded with similar luxury properties of Marbella, the residential complex has well-kept gardens and lush greenery providing a serene escape from the hustle and bustle of the town, and a heated swimming pool that is exclusively for residents to enjoy. Concierge service and 24-h surveillance and security service for the residents’ peace of mind and comfort
The 5th floor frontline beach apartment of 195 m² plus wonderful terraces of 47 m² has south/east orientation and a breathtaking view of the Mediterranean Sea. As you step inside, you are immediately impressed by the grandeur of the entrance hall, which leads into the spacious and bright open-plan living and dining area, perfect to entertain guests or relax with a family. The fully equipped, functional kitchen has a separate breakfast area. Providing ample space and privacy, the property features 3 generously sized bedrooms, 2 of them with en-suite bathrooms. Each bedroom is equipped with large windows that allow for plenty of natural light to get in. Beautiful smoky marble floors throughout add a touch of luxury to the spaces. The large terrace is the perfect place to relax and unwind while taking in the sights and sounds of the beautiful coast. It accommodates seating, dining and entertainment areas, making it the ideal spot for al fresco dining or hosting outdoor parties. In addition to it, the apartment also features 4 parking spaces in the underground garage, ensuring that there is always plenty of room for residents and their guests.
With its spacious living areas, luxurious finishes, stunning sea views, and prime location, the beachfront apartment in Mare Nostrum offers the ultimate in luxury living on the Costa del Sol. It comes for sale in good condition, with air conditioning, double glazed windows, glass doors, fitted wardrobes, video entrance, security shutters, lift, etc. This property is an incredible option for everyone who is looking to be very close to the beach and just minutes away from all the conveniences Marbella has to offer, whether it is lounging in the VIP beach clubs, exploring the historic Old Town or just taking in the amazing Marbella’s atmosphere. You can also expect a high return on your investment. This location has year-round demand and its exclusivity allows for a superior rate.
About the property
Year built
1991
Pool
Communal
Garage
Private for 4 cars
Garden
Property type
Apartment
Levels
One-level apartment
Emissions
In progress
Other features
Beachside
Front line beach
Good condition
Lift
Saltwater swimming pool
Security service 24h
Double glazing
Gated community
Handicap Accessible
Panoramic view
Sea view
Surveillance cameras