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Apartment in Elviria, 2 bedrooms, 164 m² €375.000

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2
Bedrooms
2
Bathrooms
164 m²
Surface area
€2287
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 164 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 164 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 164 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 164 m² - Afbeelding 3
+12 photos

Analysis

Price
€375.000
Own investment (30%)
€112.500
Buyer costs
€37.500
Estimated nightly rate
€154,54
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€700
Maintenance costs
-€136,67
Cleaning costs
-€291,67
Platform fees
-€458,31
Municipal taxes
-€92,19
Tax (19%)
-€261,54
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

  • Property condition: Excellent, move-in ready.
  • Local market trends in 2027: Strong demand for holiday and rental properties.
  • Property type: Popular among investors and holidaymakers.
  • Economic outlook in 2027: Favorable, supporting property appreciation.
  • Demographic developments: Growing expatriate community.
  • Infrastructure plans in 2027: Enhanced accessibility and amenities.
  • Historical WOZ value trends: Upward trend indicating rising property values.

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

8.92%

5 Year Return

44.60%

10 Year Return

89.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and furnished, which supports value retention and growth.
  • Local market trends in 2027: Expected to be positive due to ongoing demand for holiday and investment properties in Costa del Sol.
  • Property type: Apartments in a desirable location tend to appreciate steadily.
  • Economic outlook in 2027: Likely stable with growth in tourism and real estate sectors.
  • Demographic developments: Increasing expatriate and retiree populations boosting demand.
  • Infrastructure plans in 2027: Continued improvements in transportation and amenities in Elviria.
  • Historical WOZ value trends: Consistent increase reflecting rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Renovate bathrooms for modern appeal.
  • Enhance outdoor space with landscaping or additional features.
  • Add smart home technology for increased convenience.
  • Improve energy efficiency with solar panels or insulation.

Description

Discover this stunning modern ground-floor apartment in Elviria, Spain, offering the perfect blend of luxury, comfort, and convenience on the Costa del Sol. Situated within a secure, 24-hour gated community, this spacious two-bedroom, two-bathroom residence provides peace of mind and an exclusive lifestyle. The open-plan living and dining area seamlessly connect to a large private terrace, ideal for outdoor entertaining and soaking up the Mediterranean sun. The fully fitted kitchen features a utility room with modern appliances, enhancing functionality. Residents enjoy access to beautifully maintained green gardens and inviting swimming pools, creating a tranquil environment. Additional features include a dedicated private parking space, a sizable storage room, and being fully furnished, making it move-in ready. Located just a five-minute drive from the beach and close to essential amenities, this property in Elviria offers exceptional convenience for beach lovers, investors, or those seeking a permanent residence. Whether you're searching for a holiday home or a smart investment opportunity, this Elviria apartment combines luxury living with prime location on the Costa del Sol. Don't miss your chance to own this exceptional property in Spain's sought-after Elviria area.

Location

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