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2
Bedrooms
2
Bathrooms
110 m²
Surface area
€
€8636
Price per m²
Apartment
Property type
+29 photos
Analysis
Price
€950.000
Own investment (30%)
€285.000
30% down payment of purchase price
Buyer costs
€95.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€1.773,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€91,67
{% 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
-€180,73
Municipal taxes for Elviria
Tax
(19%)
-€49,27
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.
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Log inNightly Rates
Estimated nightly rate
€154,52
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Strong local demand for beachfront properties in Elviria, Spain.
- Limited supply of similar luxury penthouses in the area.
- Growing popularity of coastal living and tourism in Spain.
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
0.66%
5 Year Return
3.30%
10 Year Return
6.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, likely to attract premium buyers and tenants.
Possible improvements
- Adding a private jacuzzi or pool on the terrace.
- Upgrading to smart home technology.
- Enhancing outdoor living space with additional amenities.
- Implementing eco-friendly features to increase energy efficiency.
Description
Discover this stunning beachfront penthouse in Elviria, Spain, offering panoramic sea views and luxurious living. This recently renovated property features two spacious bedrooms, two modern bathrooms, and an open-plan living room seamlessly connected to a large terrace overlooking the endless Mediterranean Sea. The fully equipped kitchen, integrated into the living area, combines functionality with style, perfect for both relaxation and entertaining. Residents enjoy direct elevator access to the pool and private beach, providing ultimate convenience. The penthouse boasts Nordic-inspired decor with abundant natural light streaming through large windows, enhancing the airy ambiance. Additional amenities include independent hot and cold air conditioning in all rooms, electric shutters, and awnings. Security is a priority with gated parking and private security services. Situated within walking distance to shopping centers, this property in Elviria, Spain, offers an ideal combination of tranquility and accessibility. Whether seeking a luxurious holiday home or a profitable investment, this beachfront penthouse in Elviria is an exceptional opportunity to enjoy Spain’s renowned coastal lifestyle.
Location
Nightly rates in the area
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