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3
Bedrooms
3
Bathrooms
151 m²
Surface area
€
€4967
Price per m²
Apartment
Property type
+35 photos
Analysis
Price
€750.000
Own investment (30%)
€225.000
30% down payment of purchase price
Buyer costs
€75.000
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
-€1.400
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€125,83
{% 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
-€171,88
Municipal taxes for Elviria
Tax
(19%)
-€283,01
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, 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
Nightly rates in the area
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