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2
Bedrooms
2
Bathrooms
98 m²
Surface area
€
€7347
Price per m²
Apartment
Property type
+15 photos
Analysis
Price
€720.000
Own investment (30%)
€216.000
30% down payment of purchase price
Buyer costs
€72.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€1.344
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€81,67
{% 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
-€458,25
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€165,50
Municipal taxes for Elviria
Tax
(19%)
-€135,64
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
€154,52
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Proximity to beaches and amenities increases desirability.
- Modern interior and climate control features add value.
- Location in Elviria, a sought-after area, supports price appreciation.
- Potential for rental income enhances investment appeal.
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
2.41%
5 Year Return
12.05%
10 Year Return
24.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained interior with modern amenities enhances value.
- Local market trends in 2027: Growing demand for coastal properties in Costa del Sol boosts appreciation.
- Property type: Apartments in desirable locations tend to appreciate steadily.
- Economic outlook in 2027: Spain's stable economy and tourism sector support property value growth.
- Demographic developments: Increasing expatriate and retiree populations in Costa del Sol drive demand.
- Infrastructure plans in 2027: Planned improvements in transportation and local amenities will likely increase property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Enhance outdoor spaces or balcony areas.
- Implement smart home technology for added convenience.
- Improve energy efficiency with solar panels or better insulation.
Description
Discover this charming two-bedroom, two-bathroom apartment in Elviria, Spain, just 300 meters from the stunning sandy beaches of Costa del Sol. Perfectly positioned in a tranquil neighborhood within a modern building, this property offers unparalleled access to local amenities, including shops, restaurants, and renowned venues like La Plage Casanis, The Beach House, and La Scala. Designed for comfort and convenience, the interior features warm, inviting colors, a practical layout, and a fully equipped kitchen, creating an ideal home environment. Residents benefit from advanced climate control with air conditioning and underfloor heating throughout the apartment, ensuring year-round comfort. Whether you're seeking a peaceful seaside retreat or a lucrative investment opportunity, this Elviria apartment in Spain combines location, comfort, and lifestyle appeal. Its proximity to the beach and vibrant local scene makes it a prime choice for holidaymakers and investors alike, offering an exceptional property in one of Spain’s most sought-after coastal areas.
Location
Nightly rates in the area
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