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2
Bedrooms
2
Bathrooms
80 m²
Surface area
€
€6238
Price per m²
Apartment
Property type
+49 photos
Analysis
Price
€499.000
Own investment (30%)
€149.700
30% down payment of purchase price
Buyer costs
€49.900
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
-€931,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€66,67
{% 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
-€118,54
Municipal taxes for Elviria
Tax
(19%)
-€225,86
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
- Proximity to beaches and leisure facilities increases desirability.
- High demand in Elviria and Marbella region.
- Limited new developments in the immediate area maintain scarcity value.
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
5.79%
5 Year Return
28.95%
10 Year Return
57.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained interiors with modern fixtures enhance value.
- Local market trends in 2027: Growing demand for coastal properties in Marbella boosts appreciation.
- Property type: Apartments in desirable locations tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain supports real estate appreciation.
- Demographic developments: Increasing expatriate and retiree populations in Marbella drive demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities will likely increase property values.
- Historical WOZ value trends: Consistent increases in property taxes indicate rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade interior finishes and fixtures.
- Enhance outdoor spaces, such as terrace landscaping.
- Add smart home features for increased convenience.
Description
Discover this stunning 2-bedroom, 2-bathroom apartment in Elviria, Spain, offering the perfect blend of elegance, comfort, and Mediterranean charm. Located just 200 meters from one of Marbella’s most beautiful sandy beaches, this property is nestled within the highly sought-after gated community of Jardines de las Golondrinas. Situated in the prestigious Elviria area, adjacent to the iconic Don Carlos Hotel, this residence provides a serene retreat surrounded by lush subtropical gardens and pinewoods. The spacious, open-plan interiors are filled with natural light and extend onto a private terrace, ideal for enjoying warm Spanish evenings or breezy mornings. Residents benefit from access to three swimming pools, including a dedicated children’s pool, along with a seasonal poolside bar and restaurant. For active lifestyles, nearby amenities feature tennis courts, a golf course, driving range, and water sports, all within easy reach. This exceptional apartment in Elviria, Spain, offers an outstanding opportunity to enjoy Marbella’s vibrant coastal lifestyle in a tranquil setting. Perfect for investors, holidaymakers, or those seeking a permanent residence in Spain, this property combines natural beauty, upscale amenities, and prime location near Marbella’s finest beaches and leisure facilities.
Location
Nightly rates in the area
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