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Apartment in Elviria, 2 bedrooms, 120 m² €685.000

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2
Bedrooms
2
Bathrooms
120 m²
Surface area
€5708
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 120 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 120 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 120 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 120 m² - Afbeelding 3
+31 photos

Analysis

Price
€685.000
Own investment (30%)
€205.500
Buyer costs
€68.500
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.278,67
Maintenance costs
-€100
Cleaning costs
-€291,67
Platform fees
-€458,25
Municipal taxes
-€158,06
Tax (19%)
-€145,98
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€154,52
High season
€212
Mid season
€148,75
Low season
€108

Price determining factors

  • Proximity to beaches, golf courses, and amenities increases desirability.
  • High-quality community amenities add value.
  • Tourist license enhances 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

2.73%

5 Year Return

13.65%

10 Year Return

27.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartment enhances value.
  • Local market trends in 2027: Growing demand for beachfront properties in Marbella.
  • Property type: Luxury beachfront apartment attracts high-end buyers.
  • Economic outlook in 2027: Positive economic growth in Spain supports property appreciation.
  • Demographic developments: Increasing influx of affluent expatriates and retirees.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities boost desirability.
  • Historical WOZ value trends: Steady increase indicating rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade outdoor terrace with premium furniture and landscaping.
  • Add smart home features for convenience and security.
  • Enhance energy efficiency with new windows or insulation.

Description

Discover this elegant beachfront property in the highly sought-after Elviria area of Marbella, Spain. Perfectly situated within a prestigious urbanization, this luxurious ground-floor apartment offers direct access to some of Marbella's finest beaches. The residence features two spacious bedrooms, two modern bathrooms, a bright living room, and an open-plan kitchen that seamlessly connects to a generous 50m² terrace—ideal for outdoor relaxation and entertaining. Nestled within a Mediterranean-style community, the property provides exclusive amenities including security services, multiple swimming pools, lush gardens with waterfalls, and a seasonal restaurant/bar. With a valid tourist license, this Elviria beachfront apartment presents a lucrative rental investment opportunity, appealing to clients seeking both a permanent residence and high rental income potential in Marbella, Spain. Its prime location near top golf courses, shopping centers, and all essential amenities makes it an excellent choice for those looking to enjoy the best of Marbella's coastal lifestyle. Experience the perfect blend of luxurious living and investment potential with this exceptional Elviria beachfront property in Spain.

Location

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