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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€3792
Price per m²
Apartment
Property type
+21 photos
Analysis
Price
€455.000
Own investment (30%)
€136.500
30% down payment of purchase price
Buyer costs
€45.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€849,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€100
{% 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
-€109,19
Municipal taxes for Elviria
Tax
(19%)
-€352,59
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
- 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
Nightly rates in the area
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