Last updated on June 21st, 2023
airbnb property for sale Marbella
Surrounded by a cosmopolitan atmosphere, Marbella is renowned worldwide for its stunning beaches, diverse culture and delicious cuisine that will make your mouth water. Furthermore, the city also has excellent weather that makes it suitable as a year-round destination.
Marbella is divided into two: the Old Town where visitors can find the historical landmarks and feel the traditional atmosphere of the city. Then, we can find Nueva Andalusia, which it’s the modern part of the city, filled with fancy shops, restaurants bar the most popular beaches.
Did you know that the peak season in Marbella takes place during the months of May – October? In fact, according to the Official Website of the City Council of Marbella, the city welcomed more than 86K tourist arrivals in July.
Starting an Airbnb business in Marbella is a profitable idea, but before buying an investment property in Spain, you should consider the major costs, revenue and rental yield. It is also important to learn more about the Airbnb rules in Marbella to run your listing smoothly.
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“Marbella is a beautiful, cosmopolitan city with plenty of amenities and attractions. It’s also a great place to invest in property; as well as the high rental yields, the value of property in Marbella is increasing all the time.”
Airbnb occupancy rates by city declare that an average host in Marbella can earn up to €25,496 during the peak of August. With over 533 Airbnb listings in Marbella, it’s indeed a catch for property investors! Based on a report of Málaga Hoy, the rental yield in Marbella is above 5%.
Aside from looking at a property’s fascinating architectural design, proximity to major tourist areas, and accessibility to the best go-to places, the primary step is to determine profitability. In this article, we’ll discuss the metrics in order to gauge the best property investment in Marbella.
This includes the best website recommendations for property investment, defining property gross rental yield, cash-on-cash return, and annual revenue, along with some of the most ideal and profitable properties according to their location. Stoked to learn more? Continue reading!
Is Property Investment Profitable in Marbella Center?
Using a short-term rental income estimator, it was discovered that a 2-bedroom apartment in Marbella Center can generate an annual revenue of €52,600 with a steady occupancy rate of 83% and a nightly rate of €179.
airbnb property for sale Marbella
Beachfront and City Center Apartments for Sale in Marbella
Finding the best properties that have the potential to produce high yields and capital growth are certainly some of the preferences of major investors. It’s always best to ask for assistance from real estate agents to access exclusive and unique properties during the development stage.
At the same time, it’s even better when a property investor like you conducts research about predicted growths and market forecasts. You can buy beachfront properties or cheap City Center apartments in Marbella ´popular zones such as Elviria and the Old Town. Here are some of the profitable properties in Marbella along with the calculated gross rental yield, cash-on-cash return, and annual revenue:
Playa de los Locos, Torrevieja
1. Studio-type Property for Sale in Marbella City Center
Located in Pueblo Andaluz
Asking Price: €79,900
GROSS RENTAL YIELD | 21.57% |
ANNUAL REVENUE | €17,234 |
CASH ON CASH RETURN | 38.94% |
3. 1-Bedroom Beachfront Property for Sale Marbella
It is located in the city centre and a 15-minute walk from the beach
Asking Price: €79,900
GROSS RENTAL YIELD | 22.27% |
ANNUAL REVENUE | €17,793 |
CASH ON CASH RETURN | 41.04% |
3. 2-Bedroom Property for Sale in Marbella City Center
Near Quirónsalud Marbella Hospital
Asking Price: €90,500
GROSS RENTAL YIELD | 24.67% |
ANNUAL REVENUE | €22,330 |
CASH ON CASH RETURN | 48.25% |
San Pedro de Alcántara, Marbella
4. 3-Bedroom Property for Sale in Marbella City Center
Near Centro de Salud De San Pedro De Alcantara
Asking Price: €180,700
GROSS RENTAL YIELD | 16.70% |
ANNUAL REVENUE | €30,055 |
CASH ON CASH RETURN | 24.32% |
5. 4-Bedroom Property for Sale in Marbella City Center
Near Avenida de la Aljaima, 214
Asking Price: €196,000
GROSS RENTAL YIELD | 24.81% |
ANNUAL REVENUE | €48,621 |
CASH ON CASH RETURN | 48.65% |
airbnb property for sale Marbella
Conclusion
Since Airbnb is rapidly increasing and constantly changing for each city in the world, it is crucial to make decisions based on wild guesses. The data points mentioned in this article for Marbella such as Airbnb occupancy rates, annual revenue, and average daily rate should be the primary basis before investing in a property.
Hence, if the data presented above has given you ideas to boost your strategic pricing plan for your business, then an Airbnb rental arbitrage calculator is certainly what you need for success in the long run. It’s a fact that some of the STR investors are also considering Airbnb Rental Arbitrage, but they still need to have a reliable data tool on which to base their conclusions!
As we live in a digital era, an accurate data analytics tool can help your business stand out among your surrounding competitors and benchmark your property by tracking the occupancy rates of competing listings in your preferred city.