Back

House in Elviria, 6 bedrooms, 690 m² €2.900.000

24 views

You can view 2 more properties. Log in for unlimited access.

Bedrooms

Bathrooms

690 m²

Surface area

€

€4203

Price per m²

House

Property type

House in Elviria, 6 bedrooms, 690 m² - Afbeelding 1

House in Elviria, 6 bedrooms, 690 m² - Afbeelding 2

House in Elviria, 6 bedrooms, 690 m² - Afbeelding 3

+46 photos

Analysis

View Report

Price

€2.900.000

Own investment (30%)

30% down payment of purchase price

€870.000

Buyer costs

Buyer costs: 10% of purchase price

€290.000

Estimated nightly rate

€565,50

Expected occupancy rate

50%

Gross rental p/m

€0000 Sign in to view

Mortgage costs

This is the monthly interest you pay for the mortgage(3.2%interest)

-€5.413,33

Maintenance costs

Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.

-€575

Cleaning costs

Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.

-€375

Platform fees

15% commission based on average fees from Booking.com and Airbnb

-€1.290,05

Municipal taxes

Municipal taxes for Elviria

-€464,42

Tax (19%)

This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.

-€91,68

Cashflow p.m.

Earned back in

Time to earn back own investment + buyer costs.

00months

Contact agent

Log in now to contact the seller directly

Nightly Rates

Estimated nightly rate

€565,50

High season

€827

Mid season

€548,33

Low season

€392

Price determining factors

Location: Prime Elviria area with sea and golf course views.
Property size and land: Large plot with extensive outdoor features.
Amenities: Heated pool, pond, waterfalls, advanced irrigation, independent structures.
Condition: Needs renovation, which can be an opportunity for value addition.
Market demand: High for luxury estates with unique features.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

Rate	Hotel / apartment	Distance
€434,20	Villa El Mirador	10.2 km
€2.271	Extraordinary Villa i Marbella	12.3 km
€847,40	Renovated villa next to the beach and Puerto Banús	14.4 km
€786,40	Boutique villa, 12-15 guests, near Puerto Banús	16.6 km
€942,80	6 Bedroom luxury villa with infinity heated pool	10.8 km
€496,80	Luxury Villa: Heated Pool & Sea Views, Near Beach	11.5 km
€1.399	Bali-Style Villa/Sea Views, Heated Pool, Sleeps 15	15.3 km
€1.331	Vacation Marbella w/Pool, Billard, Cine, BBQ, Golf	19.9 km
€800	⚡ Beach side w/ heated pool, bbq, central heating	18.6 km
€411	Casa del León	17.4 km

Return & Value appreciation

Annual return

0.40%

5 Year Return

2.00%

10 Year Return

4.00%

ROI Distribution

Value development

Factors for value appreciation

Property condition: Renovation potential can significantly increase value.
Local market trends in 2027: Expected growth in luxury and holiday homes in Elviria.
Property type: Unique single-storey estate with extensive amenities.
Economic outlook in 2027: Stable with positive growth in Spain, especially in tourism and real estate sectors.
Demographic developments: Increasing demand from affluent buyers and expatriates.
Infrastructure plans in 2027: Upgrades to roads, utilities, and local amenities expected to enhance accessibility and attractiveness.
Historical WOZ value trends: Consistent increase reflecting rising property values.

Possible improvements

Renovate and modernize the main house and additional structures.
Upgrade landscaping and outdoor amenities.
Implement energy-efficient systems to reduce operational costs.
Enhance security features and smart home technology.
Expand or improve existing facilities like the pool and irrigation system.

Description

Discover a prime investment opportunity with this unique single-storey property in Elviria, Spain, offering stunning sea and golf course views. Situated on a spacious 5,250 m2 plot, this property features a large garden with a heated pool, a private well with filtration, a pond with waterfalls and underwater lighting, and an advanced 10-zone irrigation system. The estate includes a main house with six bedrooms and five bathrooms, all with outdoor access and expansive porches, along with additional structures such as a garage, workshop, and an independent service house. Although the house requires renovation, its layout presents potential for modernization.