Back

Apartment in Elviria, 2 bedrooms, 100 m² €399.000

1 views

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

2
Bedrooms
2
Bathrooms
100 m²
Surface area
€3990
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 100 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 100 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 100 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 100 m² - Afbeelding 3
+28 photos

Analysis

Price
€399.000
Own investment (30%)
€119.700
Buyer costs
€39.900
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€744,80
Maintenance costs
-€83,33
Cleaning costs
-€291,67
Platform fees
-€457,63
Municipal taxes
-€103,88
Tax (19%)
-€260,21
Cashflow p.m.
Earned back in

Interested?

Log in now to contact the seller directly

Log in

Nightly Rates

Estimated nightly rate
€154,31
High season
€212
Mid season
€148,75
Low season
€108

Price determining factors

  • High-quality finishes and amenities increase desirability.
  • Prime location within Elviria with sea and mountain views.
  • Community facilities like pools and gardens add value.
  • Proximity to beaches and commercial centers boosts appeal.

Comparable accommodations

Rate Hotel / apartment Distance
€133,60 An impressive beach house 8.7 km
€203 Casa Flores - Panoramic views, pool, tennis, BBQ 15.4 km
€132,40 Spectacular house on Carvajal Beach 18.3 km
€125,20 Picturesque Casita Mijas Pueblo 16.8 km
€166,80 Chariming and creative house 50m from the beach 2.1 km
€134,80 Cubo's Finca La Graciosa (Cubo's Farm) 21.0 km
€275,20 Casa Tetuan in old town Marbella, a manicured home 8.9 km
€186,80 Unique place with roof terrace in Old town 9.1 km
€124,86 Sunny hillside casita in Guaro 17.9 km
€131,40 House 5 minutes from the beach, Puerto Banús and 5 golf courses 16.7 km

Return & Value appreciation

Annual return

8.34%

5 Year Return

41.70%

10 Year Return

83.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with high-quality finishes, which supports steady appreciation.
  • Local market trends in 2027: Expected continued demand for properties in Costa del Sol due to tourism and expatriate interest.
  • Property type: Apartments in a desirable gated community tend to appreciate steadily due to lifestyle appeal.
  • Economic outlook in 2027: Spain's economy is projected to grow modestly, supporting real estate investment.
  • Demographic developments: Increasing expatriate population and retirees in Costa del Sol bolster demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property value.
  • Historical WOZ value trends: Consistent increase in property values in Elviria over the past decade, indicating positive appreciation.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade smart home features and security systems.
  • Enhance outdoor space with landscaping or a terrace upgrade.
  • Implement energy-efficient appliances and systems.

Description

Discover this stunning middle floor apartment for sale in the prestigious Colorado Hills community, located in Elviria, Costa del Sol, Spain. Perfectly positioned in one of the most sought-after areas of Elviria, this stylish property offers 2 spacious bedrooms, 2.5 modern bathrooms, and a generous 100 m² of living space complemented by a 25 m² terrace with breathtaking sea and mountain views. The west-facing orientation ensures beautiful sunsets and a peaceful atmosphere. Located within the exclusive gated community of Colorado Hills, this apartment provides access to beautifully maintained communal gardens, two large swimming pools, and a dedicated children’s splash pool—ideal for relaxation and family leisure. The property boasts high-quality finishes, including marble flooring in the living areas, a fully fitted kitchen, and an en-suite bathroom, all in excellent condition. Additional features include air conditioning (hot and cold), double glazing, fitted wardrobes, lift access, a private storage room, utility space, and underground private parking within the secure complex. The location offers exceptional convenience, with Elviria’s vibrant commercial centre just a 20-minute walk away, featuring cafes, restaurants, supermarkets, and shops. The stunning beaches of Elviria can be reached in approximately 30 minutes on foot, making this property ideal for beach lovers and those seeking a tranquil yet connected lifestyle. This Elviria apartment for sale combines luxury, comfort, and prime location, making it an excellent investment opportunity in Costa del Sol, Spain.

Location

Similar properties in Elviria

Questions? Chat with us!