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2
Bedrooms
2
Bathrooms
128 m²
Surface area
€
€3359
Price per m²
Apartment
Property type
+12 photos
Analysis
Price
€430.000
Own investment (30%)
€129.000
30% down payment of purchase price
Buyer costs
€43.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,54
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€802,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€106,67
{% 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
-€458,31
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€103,88
Municipal taxes for Elviria
Tax
(19%)
-€245,51
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
€154,54
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Location in Elviria, Marbella, a sought-after area.
- Luxury amenities such as pools, gardens, and sea views.
- Furnished and move-in ready condition.
- High-quality renovation and modern design.
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
9.74%
5 Year Return
48.70%
10 Year Return
97.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Recently renovated, which enhances value and appeal.
- Local market trends in 2027: Expected growth in Marbella's luxury real estate market due to tourism and expatriate demand.
- Property type: Penthouse with premium features and views, typically appreciating faster.
- Economic outlook in 2027: Positive economic growth in Spain and Europe, boosting real estate investments.
- Demographic developments: Increasing demand from retirees, expatriates, and young professionals.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities in Elviria and Marbella.
- Historical WOZ value trends: Steady increase in property taxes indicating rising property values.
Possible improvements
- Adding a smart home system for enhanced convenience.
- Upgrading kitchen appliances and fixtures.
- Installing energy-efficient windows and solar panels.
- Enhancing outdoor space with landscaping or additional features.
- Adding storage solutions or a small private pool if space allows.
Description
Discover this stunning 123 m² penthouse in the peaceful Elviria area of Marbella, Spain, offering a perfect blend of modern comfort and serene surroundings. Recently renovated, this bright and spacious property features two large bedrooms and two elegant bathrooms, ideal for families or investors seeking a luxurious lifestyle in Elviria, Spain. The open-plan living area is flooded with natural light, creating a warm and inviting atmosphere, complemented by a fully equipped kitchen designed for culinary enthusiasts. Step onto the private terrace to enjoy partial sea and forest views, perfect for relaxing or entertaining guests. The property boasts thoughtful features such as window blinds and an electric awning, enhancing comfort and convenience. Located within a well-maintained complex, residents have access to six swimming pools and lush gardens, providing a resort-style living experience in Elviria, Spain. Additional amenities include underground parking and the property is sold furnished, ready for immediate occupancy. This exceptional penthouse in Elviria, Spain, combines contemporary design with prime location perks, making it an ideal investment or permanent residence in Marbella’s most sought-after area.
Location
Nightly rates in the area
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