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Apartment in Elviria, 2 bedrooms, 111 m² €450.000

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2
Bedrooms
2
Bathrooms
111 m²
Surface area
€
€4054
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 111 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 111 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 111 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 111 m² - Afbeelding 3
+12 photos

Analysis

Price
€450.000
Own investment (30%)
€135.000
Buyer costs
€45.000
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€840
Maintenance costs
-€92,50
Cleaning costs
-€291,67
Platform fees
-€457,63
Municipal taxes
-€108,12
Tax (19%)
-€239,57
Cashflow p.m.
Earned back in
00months

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Nightly Rates

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

Price determining factors

  • Proximity to beaches, golf courses, and amenities increases desirability.
  • High demand for coastal properties in Marbella.
  • Limited new developments in prime areas can lead to appreciation.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

9.08%

5 Year Return

45.40%

10 Year Return

90.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports value retention and growth.
  • Local market trends in 2027: Expected to be positive due to increasing demand for coastal properties in Marbella.
  • Property type: Apartments in a sought-after location tend to appreciate steadily, especially with amenities and views.
  • Economic outlook in 2027: Spain's economy is projected to recover and grow, boosting real estate demand.
  • Demographic developments: Increasing interest from international buyers and retirees enhances market stability.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and tourism infrastructure support property values.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Renovate kitchen and bathrooms with modern fixtures.
  • Upgrade flooring or add smart home features.
  • Enhance outdoor space with landscaping or a terrace upgrade.
  • Improve energy efficiency with new windows or insulation.

Description

Experience the allure of coastal living in this beautifully renovated 123 m² apartment in Elviria, Marbella—one of Spain's most sought-after seaside destinations. Perfect for those seeking comfort and style, this bright and spacious home features a welcoming living room, two cozy bedrooms, and two contemporary bathrooms. The fully equipped kitchen with modern appliances makes daily living effortless, while the open terrace offers stunning views and a perfect retreat for relaxation and privacy. Located within a well-maintained development in Elviria, this property provides access to six swimming pools and lush gardens, creating a serene oasis just moments from Marbella's vibrant city life. Enjoy peaceful strolls in nearby green mountains, or indulge in the area's renowned golf courses, sandy beaches, and vibrant shopping and dining options. This Elviria apartment in Spain includes an underground parking space and is sold partly furnished, making it move-in ready. Whether you're looking for a holiday home, investment opportunity, or a permanent residence, this property combines comfort, convenience, and prime location. Discover the best of coastal Spain living in Elviria, Marbella—an ideal destination for discerning buyers seeking a tranquil yet lively lifestyle.

Location

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