You can view 1 more properties. Log in for unlimited access.
2
Bedrooms
2
Bathrooms
108 m²
Surface area
€
€4620
Price per m²
Apartment
Property type
+42 photos
Analysis
Price
€499.000
Own investment (30%)
€149.700
30% down payment of purchase price
Buyer costs
€49.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,54
Expected occupancy rate
65%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€931,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€90
{% 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
-€458,31
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€118,54
Municipal taxes for Elviria
Tax
(19%)
-€221,42
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
€154,54
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Luxury amenities and recent renovation increase desirability.
- Prime location within Elviria near beaches and golf courses.
- High-quality interior finishes and outdoor terrace with panoramic views.
- Strong tourism and expatriate community supporting rental income potential.
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
5.68%
5 Year Return
28.40%
10 Year Return
56.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value retention and growth.
- Local market trends in 2027: Expected to be positive due to high demand for luxury properties in Costa del Sol.
- Property type: As a penthouse, it typically appreciates faster due to exclusivity and views.
- Economic outlook in 2027: Likely stable or improving, supporting property investment growth.
- Demographic developments: Increasing number of affluent retirees and expatriates in Costa del Sol.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and tourism infrastructure.
- Historical WOZ value trends: Consistent increase reflecting rising property values in the area.
Possible improvements
- Adding a private pool or hot tub on the terrace.
- Upgrading smart home features for enhanced convenience.
- Enhancing outdoor living spaces with additional landscaping or furniture.
- Installing solar panels to improve energy efficiency and reduce costs.
Description
Discover this expertly renovated penthouse in the prestigious Los Lagos de Santa María Golf community in Elviria, Spain. Perfectly situated in one of the most sought-after areas of Costa del Sol, this Elviria penthouse offers a luxurious blend of modern comfort and serene natural surroundings. Featuring two spacious double bedrooms and two contemporary bathrooms with high-end fixtures, this property provides a stylish and functional living space. The fully upgraded kitchen boasts sleek cabinetry and premium appliances, ideal for both everyday living and entertaining guests. The highlight of this Elviria penthouse is its refurbished terrace, offering breathtaking panoramic views over the golf course and lush greenery—an ideal setting for outdoor dining, sunbathing, or relaxing in the Jacuzzi while watching stunning sunsets. Additional features include elegant marble flooring, fitted wardrobes, air conditioning with hot and cold options, and underground parking with lift access. Located within a secure, well-maintained complex that offers multiple communal pools and beautifully landscaped gardens, this property is just minutes from Elviria’s vibrant commercial center, sandy beaches, and the renowned Santa María Golf Club. Whether seeking a permanent residence, holiday retreat, or a smart investment in Elviria, Spain, this turnkey penthouse delivers exceptional value and lifestyle. Don’t miss the opportunity to own a prime property in Elviria, Spain, that combines luxury, convenience, and breathtaking views.
Location
Nightly rates in the area
Questions? Chat with us!