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Apartment in Elviria, 2 bedrooms, 117 m² €595.000

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2
Bedrooms
2
Bathrooms
117 m²
Surface area
€
€5085
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
+10 photos

Analysis

Price
€595.000
Own investment (30%)
€178.500
Buyer costs
€59.500
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.110,67
Maintenance costs
-€97,50
Cleaning costs
-€291,67
Platform fees
-€458,25
Municipal taxes
-€138,94
Tax (19%)
-€182,01
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€154,52
High season
€212
Mid season
€148,75
Low season
€108

Price determining factors

  • Proximity to beaches and amenities: Highly desirable location increases value.
  • Community amenities: Pools, gardens, security add to attractiveness.
  • Property size and layout: Spacious with potential for customization.
  • Condition of property: Well-maintained, ready for occupancy.
  • Local demand: High demand for holiday and permanent residences in Elviria.

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

3.91%

5 Year Return

19.55%

10 Year Return

39.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with recent updates, enhancing appeal and value.
  • Local market trends in 2027: Expected growth due to increasing demand for coastal properties in Spain.
  • Property type: Apartments in a desirable resort-like community tend to appreciate steadily.
  • Economic outlook in 2027: Positive, with tourism and real estate sectors expected to grow.
  • Demographic developments: Increasing expatriate and retiree populations seeking Mediterranean lifestyle.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities will boost property values.
  • Historical WOZ value trends: Consistent increase over past years, indicating rising property values.

Possible improvements

  • Open-plan kitchen to enhance modern appeal.
  • Upgrade bathrooms with contemporary fixtures.
  • Add smart home technology for convenience.
  • Improve outdoor space with landscaping or additional shading.
  • Renovate kitchen and living areas for a more modern look.

Description

Experience the ultimate Mediterranean lifestyle in this exquisite garden apartment in Elviria, Spain. Perfectly positioned just a short walk from lively shops and the stunning beaches of Elviria, this property offers both convenience and tranquility. Located within a secure, fully gated community, residents enjoy exclusive access to four sparkling swimming pools and lush tropical gardens, creating a resort-like ambiance. Spanning 117 square meters, this spacious Elviria apartment features flexible living options, including the potential to open up the kitchen for a more open-plan layout. Luxurious bathrooms equipped with underfloor heating ensure comfort year-round, while the expansive terrace provides versatile outdoor living space—ideal for sunbathing or shaded relaxation. Whether you're seeking a permanent residence or a holiday retreat, this property in Elviria, Spain, combines comfort, privacy, and lifestyle amenities. Discover your dream property in Elviria, Spain, and enjoy the best of coastal living and vibrant community life.

Location

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