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Apartment in Elviria, 3 bedrooms, 151 m² €750.000

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3
Bedrooms
3
Bathrooms
151 m²
Surface area
€4967
Price per m²
Apartment
Property type
Apartment in Elviria, 3 bedrooms, 151 m² - Hoofdafbeelding
Apartment in Elviria, 3 bedrooms, 151 m² - Afbeelding 1
Apartment in Elviria, 3 bedrooms, 151 m² - Afbeelding 2
Apartment in Elviria, 3 bedrooms, 151 m² - Afbeelding 3
+35 photos

Analysis

Price
€750.000
Own investment (30%)
€225.000
Buyer costs
€75.000
Estimated nightly rate
€223,23
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.400
Maintenance costs
-€125,83
Cleaning costs
-€333,33
Platform fees
-€621,28
Municipal taxes
-€171,88
Tax (19%)
-€283,01
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€223,23
High season
€299
Mid season
€214,17
Low season
€159

Price determining factors

  • Proximity to beaches, golf courses, and amenities increases desirability.
  • High-end finishes and features support premium pricing.
  • Community amenities like pools, gardens, and restaurants add value.
  • Potential for rental income in a popular tourist and expat area.

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

4.83%

5 Year Return

24.15%

10 Year Return

48.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with high-end finishes, which supports value retention and appreciation.
  • Local market trends in 2027: Expected continued demand for luxury properties in Marbella and Elviria due to popularity among international buyers.
  • Property type: Apartments in desirable locations tend to appreciate steadily, especially with amenities and views.
  • Economic outlook in 2027: Spain's economy is projected to grow modestly, supporting real estate investment.
  • Demographic developments: Increasing expatriate and retiree populations in Costa del Sol boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Upgrade kitchen appliances and finishes for modern appeal.
  • Add smart home features for convenience and security.
  • Improve outdoor space with landscaping or additional seating.
  • Renovate bathrooms with contemporary fixtures.
  • Enhance energy efficiency with solar panels or insulation.

Description

Discover this luxurious 3-bedroom apartment in Elviria, Spain, offering stunning sea views and exceptional living spaces in one of Marbella's most desirable neighborhoods. Spanning 151 square meters, this elegant mid-floor residence features a modern, fully equipped kitchen with a separate utility room, perfect for comfortable living or a lucrative investment in Elviria. The spacious terrace with glass curtains allows for year-round outdoor enjoyment and breathtaking sea vistas, while the south-facing orientation ensures abundant sunlight throughout the day. Inside, the apartment boasts high-end finishes, marble flooring, and climate control with air conditioning and central heating, complemented by underfloor heating in the bathrooms for added comfort. Built-in wardrobes and blinds enhance privacy and storage, and a comprehensive alarm system provides peace of mind. Included are a dedicated parking space and a storage unit within a well-maintained community featuring a swimming pool, lush gardens, and premium amenities such as a renowned restaurant, a 9-hole golf course, driving range, and tennis courts. Located just 5 minutes from Elviria’s beautiful beaches and vibrant commercial center, 15 minutes from Marbella’s historic center, and 30 minutes from Puerto Banús, this Elviria apartment offers unbeatable convenience. Proximity to top golf courses like Santa Maria and Rio Real, as well as international schools, makes it ideal for families or investors seeking an exceptional property in Spain’s Costa del Sol. This is your chance to enjoy the Mediterranean lifestyle with all the comforts of a prime Elviria residence.

Location

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