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3
Bedrooms
3
Bathrooms
145 m²
Surface area
€
€5138
Price per m²
Apartment
Property type
+29 photos
Analysis
Price
€745.000
Own investment (30%)
€223.500
30% down payment of purchase price
Buyer costs
€74.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€223,23
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage costs
-€1.390,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€120,83
{% 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
-€621,28
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€170,81
Municipal taxes for Elviria
Tax
(19%)
-€285,94
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
€223,23
High season
€299
Mid season
€214,17
Low season
€159
Price determining factors
- Proximity to beaches and golf courses: Premium location increases desirability.
- Quality of amenities: Access to pools, gyms, and restaurants adds value.
- Views and outdoor space: Panoramic sea views and large terraces are highly attractive.
- Property condition: Modern, well-maintained interiors support higher pricing.
- Local development projects: New commercial or residential developments can influence 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
4.91%
5 Year Return
24.55%
10 Year Return
49.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with high-end finishes enhances value.
- Local market trends in 2027: Growing demand for luxury properties in Marbella East.
- Property type: Apartments in high-demand areas tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain supports real estate appreciation.
- Demographic developments: Increasing number of affluent expatriates and retirees in the area.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities boost property values.
- Historical WOZ value trends: Consistent increase indicates a stable appreciation trend.
Possible improvements
- Renovate kitchen and bathrooms with modern fixtures.
- Upgrade flooring or add smart home technology.
- Enhance outdoor living spaces with landscaping or additional features.
- Improve energy efficiency with solar panels or better insulation.
- Add or upgrade storage solutions to increase functionality.
Description
Experience luxury living in this stunning apartment located in Elviria, Spain, one of Marbella East's most sought-after residential areas. Spanning 145 square meters with a spacious 32-square-meter terrace, this Elviria property offers an exceptional blend of elegance, comfort, and Mediterranean charm. The high-end layout features three large bedrooms with built-in wardrobes, three modern bathrooms—including a main suite with underfloor heating—and a fully equipped kitchen with a laundry terrace. The bright living and dining area opens directly onto the terrace, which boasts panoramic views of the sea and lush gardens, perfect for outdoor entertaining or relaxing under the sun. The apartment is finished with marble flooring, air conditioning, and central heating, ensuring year-round comfort. Located in Elviria, Spain, this residence benefits from south-facing exposure, providing natural sunlight throughout the day. Residents enjoy access to premium amenities such as a communal pool, tennis courts, a fully equipped gym, a golf course with an academy, and the renowned El Lago Michelin-starred restaurant. The property also includes a parking space and a storage room with direct elevator access. Situated just 5 minutes from Elviria Shopping Center and Marbella’s finest beaches, this Elviria property is close to top international schools like the German School and English International College. Major attractions include golf courses such as Santa María, Cabopino, and Santa Clara, all within easy reach. Key locations like Marbella center, Puerto Banús, and Malaga Airport are within a 20- to 40-minute drive. Whether as a permanent residence, a luxury investment, or a second home in Spain, this apartment in Elviria offers the perfect combination of location, comfort, and style. Contact us today to schedule a viewing and discover your dream property in Elviria, Spain.
Location
Nightly rates in the area
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