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Apartment in Elviria, 2 bedrooms, 113 m² €490.000

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2
Bedrooms
2
Bathrooms
113 m²
Surface area
€
€4336
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 113 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 113 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 113 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 113 m² - Afbeelding 3
+8 photos

Analysis

Price
€490.000
Own investment (30%)
€147.000
Buyer costs
€49.000
Estimated nightly rate
€154,54
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€914,67
Maintenance costs
-€94,17
Cleaning costs
-€291,67
Platform fees
-€458,31
Municipal taxes
-€116,62
Tax (19%)
-€224,19
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€154,54
High season
€212
Mid season
€148,75
Low season
€108

Price determining factors

  • Economic outlook in 2027: Stable or growing economy supports property appreciation.
  • Demographic developments: Increasing expatriate and retiree population boosts demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Elviria.

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

7.80%

5 Year Return

39.00%

10 Year Return

78.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and modern finishes enhance value.
  • Local market trends in 2027: Expected continued demand for coastal properties in Marbella.
  • Property type: Apartments in desirable locations tend to appreciate steadily.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Enhance outdoor space with landscaping or additional features.
  • Modernize bathrooms for increased appeal.

Description

Discover this charming 2-bedroom, 2-bathroom apartment for sale in Elviria, Marbella, Spain, offering a perfect blend of comfort and convenience in a sought-after coastal location. Spanning 113 square meters with an additional 36 square meters of private terrace space, this property provides ample room for relaxing and entertaining. The apartment features an en-suite bathroom, guest toilet, and modern amenities including air conditioning, a fireplace, marble flooring, and a fully equipped kitchen. Enjoy stunning country, mountain, and garden views from the private terrace, or unwind in the communal garden and swimming pool. The property is situated within a secure gated community with security shutters, surveillance cameras, and a security entrance, ensuring peace of mind. Additional features include a private garage with one parking space, storage room, fitted wardrobes, and security shutters. Located close to the sea, beaches, golf courses, town center, and schools, this apartment is ideal for those seeking a vibrant coastal lifestyle in Elviria, Marbella, Spain. Pets are allowed, and the property is in good condition, offering a perfect opportunity for both personal residence and investment in the popular Costa del Sol region.

Location

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