You can view 1 more properties. Log in for unlimited access.
2
Bedrooms
2
Bathrooms
107 m²
Surface area
€
€6075
Price per m²
Apartment
Property type
+40 photos
Analysis
Price
€650.000
Own investment (30%)
€195.000
30% down payment of purchase price
Buyer costs
€65.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€1.213,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€89,17
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€458,25
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€150,62
Municipal taxes for Elviria
Tax
(19%)
-€161,87
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.
Interested?
Log in now to contact the seller directly
Log inNightly Rates
Estimated nightly rate
€154,52
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Proximity to beaches and amenities: Prime location enhances value.
- Community features: Pools, gardens, underground parking add to attractiveness.
- Property features: Sea views, terraces, modern interiors increase desirability.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €133,60 | An impressive beach house | 8.7 km |
| €203 | Casa Flores - Panoramic views, pool, tennis, BBQ | 15.4 km |
| €132,40 | Spectacular house on Carvajal Beach | 18.3 km |
| €125,20 | Picturesque Casita Mijas Pueblo | 16.8 km |
| €166,80 | Chariming and creative house 50m from the beach | 2.1 km |
| €134,80 | Cubo's Finca La Graciosa (Cubo's Farm) | 21.0 km |
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 8.9 km |
| €186,80 | Unique place with roof terrace in Old town | 9.1 km |
| €124,86 | Sunny hillside casita in Guaro | 17.9 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 16.7 km |
Return & Value appreciation
Annual return
3.18%
5 Year Return
15.90%
10 Year Return
31.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent renovations, increasing attractiveness to buyers and renters.
- Local market trends in 2027: Expected growth in tourism and expatriate residents boosting property demand.
- Property type: Penthouse duplex with sea views, highly desirable and likely to appreciate.
- Economic outlook in 2027: Positive economic growth in Spain and Costa del Sol, supporting property values.
- Demographic developments: Increasing number of retirees and holidaymakers seeking coastal properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhancing accessibility and desirability.
- Historical WOZ value trends: Consistent increase over past years, indicating rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Enhance outdoor living spaces with additional furniture or landscaping.
- Install smart home technology for added convenience.
- Improve energy efficiency with solar panels or better insulation.
Description
Discover this stunning beachfront penthouse duplex in Elviria, Spain, offering luxurious coastal living just minutes from the pristine beaches of Elviria. This 2-bedroom, 2-bathroom property features a spacious living and dining area that opens onto a large south-facing terrace with breathtaking sea views and access to communal gardens. The terrace is equipped with manual sunshades for added comfort. The compact natural light-filled kitchen can be expanded to suit your needs, and the ground-floor double bedroom includes an ensuite shower room with terrace access. Ascend the stairs to the master suite, featuring high ceilings, custom wardrobes, and an ensuite bathroom, complemented by a private sunlit terrace—perfect for enjoying all-day sunshine. Key highlights include air conditioning throughout, a gated community with two communal pools (adult and kids), underground parking, and lush surroundings of cork and pine trees, ensuring a secure and tranquil environment. Located within walking distance of Elviria’s famous beaches, such as Romana Playa and beachfront restaurants like El Laurel and Blanca Perla, this property is ideal for beach lovers and investors alike. The community permits short-term rentals, making it a lucrative opportunity in Elviria, Spain. A video tour is available upon request. Experience the best of coastal living in this exclusive Elviria penthouse, perfect for holidaymakers and investors seeking a prime property in Spain’s Costa del Sol.
Location
Nightly rates in the area
Questions? Chat with us!