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Apartment in Elviria, 3 bedrooms, 120 m² €455.000

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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€3792
Price per m²
Apartment
Property type
Apartment in Elviria, 3 bedrooms, 120 m² - Hoofdafbeelding
Apartment in Elviria, 3 bedrooms, 120 m² - Afbeelding 1
Apartment in Elviria, 3 bedrooms, 120 m² - Afbeelding 2
Apartment in Elviria, 3 bedrooms, 120 m² - Afbeelding 3
+21 photos

Analysis

Price
€455.000
Own investment (30%)
€136.500
Buyer costs
€45.500
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€849,33
Maintenance costs
-€100
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€109,19
Tax (19%)
-€352,59
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€205,92
High season
€274
Mid season
€197,50
Low season
€142

Price determining factors

  • Location proximity to amenities and leisure facilities
  • Quality of communal amenities
  • Property features and condition
  • Market demand for holiday and residential properties in Elviria
  • Economic stability and growth in Spain

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

13.21%

5 Year Return

66.05%

10 Year Return

132.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition
  • Local market trends in 2027
  • Property type
  • Economic outlook in 2027
  • Demographic developments
  • Infrastructure plans in 2027
  • Historical WOZ value trends

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal
  • Upgrade fixtures and fittings to increase luxury perception
  • Enhance outdoor space with landscaping or additional features
  • Improve energy efficiency with solar panels or insulation
  • Add smart home technology

Description

Discover this charming middle-floor apartment in the desirable Elviria area of Costa del Sol, Spain. Perfect for those seeking a Mediterranean lifestyle, this spacious property features three bedrooms and two bathrooms across 120 square meters of well-designed living space. Step onto the private 33-square-meter terrace and enjoy serene garden views, ideal for relaxing or entertaining guests. Located close to golf courses and within a vibrant urbanisation, this Elviria apartment offers convenient access to amenities, transport, and leisure facilities. This property boasts a good condition finish, with modern features including air conditioning with hot and cold climate control, double glazing, fitted wardrobes, and a fully equipped kitchen. The covered terrace and private terrace provide ample outdoor space, while the communal garden, indoor pool, children's pool, and gated complex ensure a secure and resort-like environment. Additional highlights include lift access, utility room, ensuite bathroom, WiFi connectivity, and accessibility features for people with reduced mobility. Parking is secure with underground garage spaces, covered private parking, and access to all amenities within a gated community. Ideal for both permanent residence and investment, this part-furnished Elviria apartment combines comfort, security, and an excellent location on the Costa del Sol, Spain. Don’t miss the opportunity to own a piece of this sought-after coastal paradise.

Location

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