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Apartment in Elviria, 2 bedrooms, 117 m² €465.000

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2
Bedrooms
2
Bathrooms
117 m²
Surface area
€3974
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 117 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 117 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 117 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 117 m² - Afbeelding 3
+23 photos

Analysis

Price
€465.000
Own investment (30%)
€139.500
Buyer costs
€46.500
Estimated nightly rate
€154,54
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€868
Maintenance costs
-€97,50
Cleaning costs
-€291,67
Platform fees
-€458,31
Municipal taxes
-€111,31
Tax (19%)
-€233,43
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€154,54
High season
€212
Mid season
€148,75
Low season
€108

Price determining factors

  • Economic outlook in 2027: Positive economic growth in Spain and Europe, boosting property values.
  • Demographic developments: Increasing number of retirees and expatriates seeking coastal living.
  • Infrastructure plans in 2027: Planned improvements in transportation and local amenities enhancing accessibility and attractiveness.

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

6.42%

5 Year Return

32.10%

10 Year Return

64.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, which supports steady appreciation.
  • Local market trends in 2027: Growing demand for coastal properties in Marbella, driven by tourism and expatriate influx.
  • Property type: Apartment in a desirable golf community, appealing to both residents and investors.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade outdoor terraces with stylish furniture and lighting.
  • Enhance energy efficiency with solar panels or better insulation.

Description

Experience luxurious coastal living in this elegant 2-bedroom apartment for sale in Elviria, Marbella East, Spain. Situated within the prestigious Los Lagos de Santa María Golf urbanisation, this bright and spacious property offers stunning sea views and direct access to the renowned Santa María Golf Course. Perfectly positioned in the tranquil Elviria area, known for its pristine beaches like Cabopino and Nikki Beach, this Marbella East apartment combines peaceful green surroundings with vibrant local amenities, including luxury beach clubs, fine dining, and essential services. Just 10 minutes from Marbella's lively city centre and 15 minutes from Puerto Banús, this residence provides the ideal blend of serenity and convenience. Spanning 117 m², this first-floor apartment features an open-plan living and dining area that opens onto a large southeast-facing terrace with panoramic sea views. A second terrace overlooks lush community gardens, enhancing outdoor living options. The fully equipped independent kitchen, spacious master bedroom with en-suite bathroom, a second sizable bedroom, and guest bathroom make this property ideal for comfortable living. Additional features include built-in wardrobes, central gas heating, air conditioning, and full accessibility for reduced mobility. The gated community boasts meticulously maintained tropical gardens and multiple swimming pools, creating a resort-style environment perfect for relaxation or entertaining. With its prime location in Elviria, Marbella East, this apartment offers a rare opportunity to enjoy elegant coastal living with easy access to Marbella’s best beaches, golf courses, and vibrant nightlife. Priced at €465,000, this property is a superb investment in one of Spain’s most desirable seaside communities.

Location

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