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3
Bedrooms
2
Bathrooms
117 m²
Surface area
€
€10679
Price per m²
Apartment
Property type
+33 photos
Analysis
Price
€1.249.500
Own investment (30%)
€374.850
30% down payment of purchase price
Buyer costs
€124.950
Buyer costs: 10% of purchase price
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage costs
-€2.332,40
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€97,50
{% 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
-€573,10
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€207,21
Municipal taxes for Elviria
Tax
(19%)
-€52,65
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
€205,92
High season
€274
Mid season
€197,50
Low season
€142
Price determining factors
- High demand for luxury coastal properties.
- Limited supply of premium penthouses in prime locations.
- Strong tourism industry supporting short-term rental potential.
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
0.54%
5 Year Return
2.70%
10 Year Return
5.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and modern amenities support value retention and growth.
- Local market trends in 2027: Growing demand for coastal properties in Costa del Sol due to tourism and expatriate influx.
- Property type: Luxury penthouse in a sought-after area tends to appreciate well.
- Economic outlook in 2027: Expected steady growth in Spain's economy, boosting real estate investments.
- Demographic developments: Increasing expatriate and retiree populations seeking luxury coastal living.
- Infrastructure plans in 2027: Planned improvements in transportation and local amenities will enhance property appeal.
- Historical WOZ value trends: Consistent increase in property values in Elviria area over past years.
Possible improvements
- Upgrade interior finishes for a more modern look.
- Add smart home technology for increased convenience.
- Enhance outdoor space with landscaping or additional amenities.
Description
Discover the luxurious Elviria penthouse in Costa del Sol, Spain, offering an exceptional coastal living experience. This stunning 3-bedroom, 2-bathroom penthouse spans 117 square meters of beautifully designed living space, complemented by a spacious 74-square-meter terrace perfect for outdoor entertaining and enjoying the warm Mediterranean climate. Situated in a prime beachside location in Elviria, this property provides easy access to pristine beaches, world-class golf courses, vibrant shops, and reputable schools, making it an ideal choice for families and investors alike.
The residence boasts excellent condition, featuring modern amenities such as a fully fitted kitchen, ensuite bathrooms, and communal gardens. Residents benefit from a range of amenities including a communal swimming pool, gym, and 24-hour security, ensuring comfort and safety. The property is equipped with hot air conditioning for year-round climate control and is accessible via a lift in the building.
Parking is never an issue with two designated spaces plus a private storeroom. Enjoy scenic mountain views from the spacious terrace, perfect for relaxing or entertaining guests. Located in the sought-after Elviria area of Costa del Sol, Spain, this penthouse combines luxury, convenience, and stunning surroundings. Keys are available at our office—schedule your viewing today and seize this exceptional opportunity to own a premium property in Elviria, Spain.
Location
Nightly rates in the area
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