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2
Bedrooms
2
Bathrooms
131 m²
Surface area
€
€6641
Price per m²
Apartment
Property type
+10 photos
Analysis
Price
€870.000
Own investment (30%)
€261.000
30% down payment of purchase price
Buyer costs
€87.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€1.624
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€109,17
Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.
Cleaning costs
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€458,25
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€166,56
Municipal taxes for Elviria
Tax
(19%)
-€77,01
This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.
Earned back in
Time to earn back own investment + buyer costs.
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Log inNightly Rates
Estimated nightly rate
€154,52
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Proximity to beaches and golf courses.
- Luxury amenities and wellness facilities.
- Natural surroundings and privacy.
- Modern architectural design.
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
1.13%
5 Year Return
5.65%
10 Year Return
11.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interiors enhance value.
- Local market trends in 2027: Growing demand for luxury properties in Marbella.
- Property type: High-end apartments attract affluent buyers.
- Economic outlook in 2027: Positive economic growth in Spain and Europe.
- Demographic developments: Increasing number of wealthy retirees and expatriates.
- Infrastructure plans in 2027: Improvements in transportation and amenities boost attractiveness.
- Historical WOZ value trends: Steady increase indicating rising property values.
Possible improvements
- Upgrade interior finishes and appliances.
- Add smart home technology.
- Enhance outdoor spaces with landscaping or private terraces.
- Improve energy efficiency with solar panels or insulation.
- Renovate bathrooms and kitchens for a more modern look.
Description
Discover luxury living in the heart of Elviria, Spain, with this exclusive new development of 21 high-end residences in Marbella. Priced from €870,000 to €1,275,000, these spacious homes feature 2 to 3 bedrooms, 2 to 3 bathrooms, and built sizes ranging from 131m² to 207m². Nestled in an idyllic setting, this Marbella property seamlessly blends modern architecture with the surrounding natural beauty, creating a tranquil oasis perfect for those seeking peace and harmony.
Located in the prestigious Elviria area of Marbella, Spain, this residential complex offers unmatched access to some of the region's best beaches, renowned golf courses such as Cabopino and Santa Clara, and a vibrant selection of local restaurants and bars. Elviria’s tropical gardens serve as a natural buffer, ensuring residents enjoy privacy and serenity in this sought-after Marbella neighborhood.
The development’s outdoor spaces are designed to promote a healthy, relaxed lifestyle, featuring illuminated pathways, native flora green walls, and a scenic bridge leading to a state-of-the-art wellness hub. This wellness center includes a dry sauna, hammam, fully equipped gym, and outdoor fitness areas, encouraging holistic well-being in harmony with nature.
Experience the perfect blend of luxury, nature, and wellness in this exceptional Elviria property in Marbella, Spain. Whether you seek a tranquil retreat or a vibrant lifestyle, these residences offer an unparalleled opportunity to invest in prime Marbella real estate.
Location
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Nightly rates in the area
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