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2
Bedrooms
2
Bathrooms
92 m²
Surface area
€
€5054
Price per m²
Apartment
Property type
+31 photos
Analysis
Price
€465.000
Own investment (30%)
€139.500
30% down payment of purchase price
Buyer costs
€46.500
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
-€868
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€76,67
{% 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
-€111,31
Municipal taxes for Elviria
Tax
(19%)
-€237,39
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, 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
Nightly rates in the area
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