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Apartment in Elviria, 2 bedrooms, 92 m² €465.000

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2
Bedrooms
2
Bathrooms
92 m²
Surface area
€5054
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 92 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 92 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 92 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 92 m² - Afbeelding 3
+31 photos

Analysis

Price
€465.000
Own investment (30%)
€139.500
Buyer costs
€46.500
Estimated nightly rate
€154,54
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€868
Maintenance costs
-€76,67
Cleaning costs
-€291,67
Platform fees
-€458,31
Municipal taxes
-€111,31
Tax (19%)
-€237,39
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.
  • High-quality community facilities attract buyers and renters.
  • Strong local tourism and holiday rental market.
  • Limited new developments in the immediate area can sustain 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

6.53%

5 Year Return

32.65%

10 Year Return

65.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern interiors, and recent renovations can boost appreciation.
  • Local market trends in 2027: Growing demand for coastal properties in Marbella and increasing foreign investment.
  • Property type: Apartments in high-demand resort areas tend to appreciate steadily.
  • Economic outlook in 2027: Spain's economy is expected to recover and grow, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations in Marbella contribute to sustained demand.
  • Infrastructure plans in 2027: Planned improvements in transportation, amenities, and connectivity enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Upgrade kitchen and bathrooms for modern appeal.
  • Enhance outdoor spaces with landscaping or additional terraces.
  • Improve energy efficiency with solar panels or insulation.
  • Renovate interiors to contemporary standards to attract higher-paying tenants or buyers.

Description

Discover this luminous south-west facing apartment in the sought-after area of Elviria, Marbella East, Spain, offering the perfect blend of comfort and convenience. Located on the second floor within the exclusive Elvira del Sol-Furuholmen community, this spacious Marbella apartment boasts two bedrooms with direct access to large balconies and an expansive uncovered terrace—ideal for enjoying the Mediterranean climate. The bright living room opens onto a glass-enclosed terrace, providing a cozy space for winter relaxation and entertaining, complemented by a nearby dining area with access to the outdoor terrace. Featuring two bathrooms, including an en suite, and a functional, fully fitted kitchen, this property combines practicality with style. Additional highlights include outside storage and a lift for easy access. Situated within a tranquil, landscaped Mediterranean-style complex of 18 blocks, residents enjoy amenities such as a restaurant, tennis courts, pétanque courts, a putting green, multiple swimming pools—including a heated pool for winter—and a vibrant social scene popular among Norwegian residents. The prime location in Elviria provides walking access to supermarkets, banks, restaurants, and essential services, while just minutes from Marbella’s renowned beaches, beach clubs like Nikki Beach, and top golf courses such as Santa María Golf and Marbella Golf & Country Club. This Elviria apartment in Marbella East, Spain, is an excellent choice for a permanent residence, holiday home, or investment, offering a peaceful lifestyle in one of Spain’s most desirable coastal locations.

Location

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