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Apartment in Elviria, 2 bedrooms, 135 m² €390.000

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2
Bedrooms
2
Bathrooms
135 m²
Surface area
€2889
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 135 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 135 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 135 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 135 m² - Afbeelding 3
+27 photos

Analysis

Price
€390.000
Own investment (30%)
€117.000
Buyer costs
€39.000
Estimated nightly rate
€154,54
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€728
Maintenance costs
-€112,50
Cleaning costs
-€291,67
Platform fees
-€458,31
Municipal taxes
-€95,38
Tax (19%)
-€260,21
Cashflow p.m.
Earned back in

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Nightly Rates

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

Price determining factors

  • Proximity to beaches, golf courses, and amenities increases desirability.
  • Limited supply of high-quality apartments in Elviria supports price growth.
  • Strong rental market attracts investors seeking 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

8.53%

5 Year Return

42.65%

10 Year Return

85.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, which supports steady appreciation.
  • Local market trends in 2027: Growing demand in Costa del Sol due to tourism and expatriate influx.
  • Property type: Apartments in gated communities tend to appreciate steadily due to security and amenities.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe, boosting real estate investments.
  • Demographic developments: Increasing expatriate and retiree populations seeking properties in Costa del Sol.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Upgrade kitchen and bathrooms for modern appeal.
  • Enhance outdoor spaces with landscaping or additional features.
  • Install energy-efficient systems to reduce utility costs.

Description

Discover this beautifully spacious apartment for sale in Elviria, Spain, an ideal opportunity for those seeking a luxurious and secure living environment in the Costa del Sol. Located within a gated community in Elviria, this property offers privacy, safety, and stunning natural surroundings, making it a perfect investment in Spain's vibrant real estate market. The apartment features two comfortable bedrooms and two modern bathrooms, complemented by a large living room with a cozy fireplace that opens onto a generous covered terrace—perfect for relaxing or entertaining guests. The property includes a private garage space suitable for a large car and a convenient storage room, ensuring ample space for all your needs. Enjoy the benefits of underfloor heating in the bathrooms and bright, south-west facing rooms that flood the space with natural light. The communal areas boast lush gardens and a refreshing swimming pool, providing a serene atmosphere for residents. Located in Elviria, Spain, this apartment combines accessibility to local amenities, beaches, and golf courses with the tranquility of a gated community. Don’t miss this exceptional opportunity to own a premium property in Elviria, Spain, that offers both comfort and investment potential. Contact us today to arrange a viewing and experience the best of Costa del Sol living.

Location

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