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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€5825
Price per m²
Apartment
Property type
+22 photos
Analysis
Price
€699.000
Own investment (30%)
€209.700
30% down payment of purchase price
Buyer costs
€69.900
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
-€1.304,80
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
-€161,04
Municipal taxes for Elviria
Tax
(19%)
-€256,20
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
- Proximity to beaches and amenities increases desirability.
- High-quality leisure facilities add value.
- Natural views and privacy enhance attractiveness.
- Potential for rental income from holidaymakers.
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
4.69%
5 Year Return
23.45%
10 Year Return
46.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment enhances value.
- Local market trends in 2027: Growing demand for coastal properties in Marbella boosts appreciation.
- Property type: Apartment in a desirable location attracts buyers and renters.
- Economic outlook in 2027: Stable economic growth in Spain supports property value increase.
- Demographic developments: Increasing expatriate and retiree populations drive demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade flooring and fixtures to increase luxury feel.
- Add smart home technology for convenience.
- Improve outdoor spaces, such as balcony or garden.
Description
Discover this stunning 3-bedroom apartment in Elviria, Spain, offering a perfect blend of modern comfort and natural beauty. The spacious interior features two bathrooms, a large living room, and a brand-new kitchen with a dining area that overlooks a lush garden with a charming fountain. From the terrace and windows, residents enjoy breathtaking views reminiscent of a tropical forest, providing ample privacy and tranquility in this exclusive Elviria community. Located just a 3-minute walk from one of Marbella's most beautiful beaches, this property provides easy access to the sun, sea, and sand. The vibrant local scene includes numerous restaurants, cafés, and shops, making it ideal for both relaxed living and lively entertainment. This Elviria apartment complex boasts excellent leisure amenities such as three swimming pools, a sauna, and a fully equipped gym, allowing residents to indulge in a resort-style lifestyle year-round. Included with the property are a parking space and a storage room, offering convenience and additional storage options. Whether you're seeking a permanent residence or a holiday retreat, this Elviria home in Spain combines natural beauty, prime location, and luxurious amenities — making it a standout choice in the Marbella region.
Location
Nightly rates in the area
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