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Apartment in Elviria, 2 bedrooms, 121 m² €630.000

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2
Bedrooms
2
Bathrooms
121 m²
Surface area
€
€5207
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 121 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 121 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 121 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 121 m² - Afbeelding 3
+16 photos

Analysis

Price
€630.000
Own investment (30%)
€189.000
Buyer costs
€63.000
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.176
Maintenance costs
-€100,83
Cleaning costs
-€291,67
Platform fees
-€458,25
Municipal taxes
-€146,38
Tax (19%)
-€167,55
Cashflow p.m.
Earned back in
00months

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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.
  • Luxury features and panoramic views.
  • Modernized kitchen and bathrooms.
  • Outdoor terraces and outdoor living spaces.

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

3.40%

5 Year Return

17.00%

10 Year Return

34.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern interiors enhance value.
  • Local market trends in 2027: Growing demand for luxury properties in Elviria.
  • Property type: Penthouse apartments are highly desirable for their views and outdoor space.
  • Economic outlook in 2027: Stable to positive, supporting property appreciation.
  • Demographic developments: Increasing affluent expatriates and retirees in the area.
  • Infrastructure plans in 2027: Improvements in transportation and amenities could boost property values.
  • Historical WOZ value trends: Consistent increase indicating rising property values.

Possible improvements

  • Upgrade interior finishes for a more contemporary look.
  • Add smart home features for increased convenience.
  • Improve outdoor spaces with landscaping or additional amenities.
  • Consider energy-efficient upgrades to reduce costs and appeal.

Description

Experience luxury living in this exquisite two-bedroom penthouse located in Elviria, Spain. This stunning property offers panoramic sea and mountain views that create an inspiring backdrop for daily life. The modernized kitchen and bathrooms showcase contemporary design and functionality, perfect for stylish living and entertaining. Three spacious terraces provide abundant outdoor space for sunbathing, dining, or relaxing, while the underground parking and additional storage ensure convenience and practicality. Situated in the highly sought-after area of Elviria, this penthouse provides easy access to local amenities, beaches, and golf courses, making it an ideal lock-up-and-leave residence or investment opportunity. Whether you're seeking a permanent home or a holiday retreat, this exceptional penthouse in Elviria, Spain, combines luxury, comfort, and convenience. Don’t miss your chance to own this unique property in one of Spain’s most desirable locations.

Location

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