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3
Bedrooms
2
Bathrooms
111 m²
Surface area
€
€6261
Price per m²
Apartment
Property type
+17 photos
Analysis
Price
€695.000
Own investment (30%)
€208.500
30% down payment of purchase price
Buyer costs
€69.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage costs
-€1.297,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€92,50
{% 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
-€160,19
Municipal taxes for Marbella
Tax
(19%)
-€259,20
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: Enhances desirability and value.
- South-facing orientation: Maximizes natural sunlight, increasing appeal.
- Property features: Private garden, sunny terrace, underground parking, lift.
- Market demand: High demand for luxury coastal properties in Marbella.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €314 | Livita, Space, Above the beach, Cala de mijas | 19.8 km |
| €195,20 | Hacienda el Alamo | 16.6 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 3.2 km |
| €210 | Beach House | 20.0 km |
| €84 | Paradise, sun and beach. Charming terrace. | 19.7 km |
| €185 | Entire House with Terrace in Marbella | 3.9 km |
| €382,40 | Three bed house with pool 50 metres from the beach | 8.5 km |
| €175 | Chic 3BR Townhouse on the Beach + Pool + Parking | 14.6 km |
| €133,60 | Casa del Barco | Quiet 3BR Villa & Pool | 17.1 km |
| €236,60 | Casa Bryn Gwyn Beautiful Holiday Villa | 19.7 km |
Return & Value appreciation
Annual return
4.77%
5 Year Return
23.85%
10 Year Return
47.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, likely to attract premium buyers.
- Local market trends in 2027: Expected steady growth driven by tourism and international demand.
- Property type: Apartments in Marbella are highly sought after, especially in prime locations.
- Economic outlook in 2027: Positive, with tourism and real estate sectors expected to perform well.
- Demographic developments: Increasing number of expatriates and retirees seeking coastal properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and connectivity.
- Historical WOZ value trends: Consistent appreciation reflecting rising property values in Marbella.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade outdoor spaces, such as landscaping or adding a deck.
- Install energy-efficient windows and appliances to enhance sustainability.
- Add smart home features for increased convenience and modernity.
Description
Discover this stunning three-bedroom apartment in Marbella, Spain, ideally situated in the sought-after Elviria Playa area of East Marbella. This spacious property offers a private garden and a sunny terrace, perfect for outdoor living in a vibrant coastal setting. The apartment features two modern bathrooms, a bright living room, a fully equipped kitchen, and a convenient utility room, providing comfort and functionality for everyday living. Its south-facing orientation ensures abundant natural sunlight throughout the day, enhancing the warm Marbella climate. Additional amenities include a lift, underground parking space, and easy walking access to the beautiful Marbella beaches and all local amenities. This Marbella apartment presents an exceptional opportunity for investors or those seeking a luxurious residence in Spain’s premier coastal destination. Located in the heart of Marbella, this property combines comfort, convenience, and proximity to the Mediterranean Sea, making it an ideal choice for buyers looking for a Marbella property in Spain.
Location
Nightly rates in the area
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