Back

Apartment in Elviria, 2 bedrooms, 107 m² €650.000

2 views None

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
Apartment in Elviria, 2 bedrooms, 107 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 107 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 107 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 107 m² - Afbeelding 3
+40 photos

Analysis

Price
€650.000
Own investment (30%)
€195.000
Buyer costs
€65.000
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.213,33
Maintenance costs
-€89,17
Cleaning costs
-€291,67
Platform fees
-€458,25
Municipal taxes
-€150,62
Tax (19%)
-€161,87
Cashflow p.m.
Earned back in

Interested?

Log in now to contact the seller directly

Log in

Nightly 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

Questions? Chat with us!