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2
Bedrooms
2
Bathrooms
86 m²
Surface area
€
€6267
Price per m²
Apartment
Property type
+35 photos
Analysis
Price
€539.000
Own investment (30%)
€161.700
30% down payment of purchase price
Buyer costs
€53.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,54
Expected occupancy rate
65%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€1.006,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€71,67
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
-€458,31
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€127,04
Municipal taxes for Elviria
Tax
(19%)
-€209,11
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
€154,54
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Location in Elviria Hills with sea views.
- Proximity to golf courses, amenities, and Marbella's vibrant lifestyle.
- Modern design and spacious terrace.
- Community facilities including pool and restaurant.
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
4.96%
5 Year Return
24.80%
10 Year Return
49.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment enhances value.
- Local market trends in 2027: Expected growth in Marbella's luxury property market.
- Property type: Apartments in high-demand areas tend to appreciate.
- Economic outlook in 2027: Positive economic growth in Spain and Costa del Sol region.
- Demographic developments: Increasing demand from expatriates and retirees.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities.
- Historical WOZ value trends: Consistent increase indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade flooring and fixtures to increase luxury perception.
- Enhance outdoor space with landscaping or additional features.
- Implement energy-efficient appliances and systems.
Description
Discover this exceptional 2-bedroom, 2-bathroom apartment in the prestigious Elviria Hills community in Marbella, Spain. Boasting panoramic sea views and a prime south-facing orientation, this property offers a bright, spacious living area complemented by a large terrace perfect for enjoying the Mediterranean scenery. Located in one of the most sought-after blocks within Elviria Hills, the apartment features a modern, open-plan design that seamlessly blends style and functionality—ideal for comfortable living and entertaining. The generous terrace provides breathtaking coastal vistas, making it a true standout in Marbella's property market.
Residents of Elviria Hills benefit from world-class amenities, including a renowned golf course, a communal swimming pool, and the Michelin-starred restaurant "El Lago." The property also includes a secure underground garage and extra storage, ensuring convenience and peace of mind. Its strategic location in Elviria, Spain, combines stunning sea views with easy access to Marbella’s vibrant lifestyle, making it a perfect investment opportunity or permanent residence.
This property in Elviria, Spain, exemplifies luxury living with exceptional community facilities and breathtaking natural beauty. Don't miss the chance to own this stunning apartment in one of Marbella’s most desirable neighborhoods. Schedule your viewing today and experience the best of Costa del Sol living!
Location
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