You can view 2 more properties. Log in for unlimited access.
3
Bedrooms
2
Bathrooms
106 m²
Surface area
€
€4009
Price per m²
Apartment
Property type
+10 photos
Analysis
Price
€425.000
Own investment (30%)
€127.500
30% down payment of purchase price
Buyer costs
€42.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€204,39
Expected occupancy rate
61%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€793,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€88,33
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€568,84
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€102,81
Municipal taxes for Elviria
Tax
(19%)
-€362,07
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.
Interested?
Log in now to contact the seller directly
Log inNightly Rates
Estimated nightly rate
€204,39
High season
€274
Mid season
€196,17
Low season
€141
Price determining factors
- Property condition: Renovations can significantly increase the property's market value.
- Local market trends in 2027: Rising property prices in Elviria and Costa del Sol will positively influence prices.
- Property type: Penthouses generally command higher prices due to views and exclusivity.
- Economic outlook in 2027: Economic stability and growth will support higher property prices.
- Demographic developments: Growing expatriate and tourist populations will sustain demand.
- Infrastructure plans in 2027: Enhanced infrastructure will make properties more attractive and increase prices.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €260,80 | Andalusian Villa with views, Pool, Garden & BBQ | 14.9 km |
| €185 | Villa La Guirnalda private pool/wifi/barbecue | 21.5 km |
| €164,40 | 3 Bed Accommodation with Pool | 12.7 km |
| €314 | Livita, Space, Above the beach, Cala de mijas | 10.7 km |
| €195,20 | Hacienda el Alamo | 12.8 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 6.4 km |
| €210 | Beach House | 10.9 km |
| €84 | Paradise, sun and beach. Charming terrace. | 10.6 km |
| €185 | Entire House with Terrace in Marbella | 13.1 km |
| €382,40 | Three bed house with pool 50 metres from the beach | 17.2 km |
Return & Value appreciation
Annual return
14.53%
5 Year Return
72.65%
10 Year Return
145.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property requires some renovations, which could increase value once updated.
- Local market trends in 2027: The Costa del Sol region is expected to continue attracting both tourists and residents, supporting property appreciation.
- Property type: Duplex penthouses tend to have higher appreciation potential due to their unique layout and views.
- Economic outlook in 2027: Spain's economy is projected to stabilize and grow modestly, supporting real estate investments.
- Demographic developments: Increasing expatriate and retiree populations in Costa del Sol will likely boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and tourism infrastructure will enhance property values.
Possible improvements
- Renovate interiors to modern standards.
- Upgrade kitchen and bathrooms.
- Improve energy efficiency (e.g., new windows, insulation).
- Add outdoor living spaces or balconies.
- Enhance views with landscaping or balcony upgrades.
Description
Discover this charming duplex penthouse in Elviria, Spain, offering exceptional potential in a sought-after location. Situated within the desirable Parque Elviria complex, this centrally located property is perfect for those seeking a peaceful retreat close to the vibrant beach, shops, and restaurants of Elviria, Spain. Although it requires some renovations, the duplex penthouse boasts spacious living areas with stunning views from the second floor. Please note, the property does not feature an elevator, emphasizing its authentic, walk-up charm. Nestled in a quiet neighborhood yet conveniently close to Elviria's lively amenities, this penthouse is an ideal investment opportunity or holiday home in Elviria, Spain. Its prime location and versatile layout make it a compelling choice for buyers looking to enjoy the relaxed Costa del Sol lifestyle. Explore the potential of this duplex penthouse in Elviria, Spain, and enjoy all the benefits of living in one of Spain’s most desirable coastal towns.
Location
Nightly rates in the area
Questions? Chat with us!