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Apartment in Elviria, 3 bedrooms, 223 m² €850.000

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3
Bedrooms
2
Bathrooms
223 m²
Surface area
€3812
Price per m²
Apartment
Property type
Apartment in Elviria, 3 bedrooms, 223 m² - Hoofdafbeelding
Apartment in Elviria, 3 bedrooms, 223 m² - Afbeelding 1
Apartment in Elviria, 3 bedrooms, 223 m² - Afbeelding 2
Apartment in Elviria, 3 bedrooms, 223 m² - Afbeelding 3
+10 photos

Analysis

Price
€850.000
Own investment (30%)
€255.000
Buyer costs
€85.000
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.586,67
Maintenance costs
-€185,83
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€163,02
Tax (19%)
-€185,96
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€205,92
High season
€274
Mid season
€197,50
Low season
€142

Price determining factors

  • Property condition: Excellent condition, which sustains high market value.
  • Local market trends in 2027: Rising property prices in Marbella due to increased tourism and foreign investment.
  • Property type: Premium penthouse, which commands higher prices.
  • Economic outlook in 2027: Positive economic growth supports higher property prices.
  • Demographic developments: Growing affluent expatriate community increases demand.
  • Infrastructure plans in 2027: Enhanced infrastructure boosts property values.

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

2.80%

5 Year Return

14.00%

10 Year Return

28.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, likely to attract higher value appreciation.
  • Local market trends in 2027: Growing demand for beachfront properties in Marbella, driven by tourism and expatriate interest.
  • Property type: Luxury penthouse in a prime location, which generally appreciates well in high-demand areas.
  • Economic outlook in 2027: Expected steady growth in Spain's economy, supporting real estate appreciation.
  • Demographic developments: Increasing number of retirees and expatriates seeking luxury coastal living.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Elviria and Marbella, enhancing property appeal.

Possible improvements

  • Renovate the kitchen and bathrooms for modern appeal.
  • Upgrade the flooring or add smart home features.
  • Enhance outdoor spaces with landscaping or additional amenities.
  • Implement energy-efficient upgrades to reduce costs and appeal to eco-conscious buyers.

Description

Discover luxurious beachfront living with this stunning 3-bedroom penthouse in Elviria, Spain. Located within the prestigious White Pearl Beach complex, this elegant duplex offers approximately 160 m² of refined interior space, perfectly positioned just steps from the sandy shores of Marbella. The spacious main floor features an open-plan living and dining area with a cozy fireplace, seamlessly connecting to a large south-facing terrace overlooking lush tropical gardens and the communal pool—ideal for relaxation and entertaining. The fully equipped kitchen, two generous bedrooms, and a family bathroom complete this level. Ascend to the master suite, which boasts an en-suite bathroom and a private terrace with partial sea views, perfect for enjoying breathtaking sunsets. Set in a gated, secure development with 24-hour security, White Pearl Beach offers immaculate gardens, heated communal pools, underground parking, lift access, air conditioning, marble floors, and double glazing, providing the ultimate in comfort and privacy. Whether seeking a permanent residence or a luxurious holiday retreat, this beachfront property in Elviria combines serenity, exclusivity, and unbeatable access to Marbella’s renowned beach clubs, restaurants, and amenities. Experience the best of Spain’s Costa del Sol with this exceptional beachfront penthouse in Elviria, Spain.

Location

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