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2
Bedrooms
2
Bathrooms
164 m²
Surface area
€
€2287
Price per m²
Apartment
Property type
+12 photos
Analysis
Price
€375.000
Own investment (30%)
€112.500
30% down payment of purchase price
Buyer costs
€37.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,54
Expected occupancy rate
65%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€700
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€136,67
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
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€92,19
Municipal taxes for Elviria
Tax
(19%)
-€261,54
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.
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
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
8.92%
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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