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Apartment in Elviria, 2 bedrooms, 124 m² €398.000

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2
Bedrooms
2
Bathrooms
124 m²
Surface area
€3210
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 124 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 124 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 124 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 124 m² - Afbeelding 3
+12 photos

Analysis

View Report
Price
€398.000
Own investment (30%)
€119.400
Buyer costs
€39.800
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€742,93
Maintenance costs
-€103,33
Cleaning costs
-€291,67
Platform fees
-€457,63
Municipal taxes
-€104,94
Tax (19%)
-€256,56
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€154,31
High season
€212
Mid season
€148,75
Low season
€108

Price determining factors

  • Proximity to the beach and amenities: Highly desirable location.
  • Property condition: Modern, move-in ready condition.
  • Community amenities: Pool, gardens, private parking add value.
  • Market demand: High demand for holiday and rental properties in Elviria.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

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

8.24%

5 Year Return

41.20%

10 Year Return

82.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern interior enhances value.
  • Local market trends in 2027: Expected steady growth due to tourism and expatriate demand.
  • Property type: Apartments in desirable locations tend to appreciate steadily.
  • Economic outlook in 2027: Positive, with tourism and real estate sectors likely to grow.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities support property value.
  • Historical WOZ value trends: Consistent increase indicating rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for a more modern look.
  • Upgrade flooring or fixtures to increase appeal.
  • Add smart home features for modern convenience.
  • Improve outdoor space with landscaping or furniture.

Description

Discover this modern ground floor apartment in Elviria, Spain — a prime property on the Costa del Sol. Perfectly situated just a two-minute walk from the beach, this stylish residence offers 124 square meters of contemporary living space complemented by a spacious 27-square-meter private terrace. The south-facing orientation ensures abundant natural light throughout the day, creating an inviting atmosphere ideal for year-round living, vacation, or investment purposes. Located in a sought-after gated complex, residents enjoy access to beautifully maintained communal gardens, a large swimming pool, and underground private parking. Inside, the apartment features a brand new fully fitted kitchen, an open-concept living and dining area, and two generous bedrooms with fitted wardrobes, including a master with an en-suite bathroom. Its prime location in Elviria places you close to local shops, restaurants, and amenities, making it a highly desirable property on the Costa del Sol. Whether you're seeking a permanent residence or a holiday retreat, this Elviria apartment combines modern comfort with an unbeatable location, promising excellent rental potential and a luxurious lifestyle in the heart of Spain’s Costa del Sol.

Location

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