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2
Bedrooms
2
Bathrooms
92 m²
Surface area
€
€3902
Price per m²
Apartment
Property type
+18 photos
Analysis
Price
€359.000
Own investment (30%)
€107.700
30% down payment of purchase price
Buyer costs
€35.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€670,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€76,67
{% trans '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
-€457,63
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€88,79
Municipal taxes for Elviria
Tax
(19%)
-€278,53
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
€154,31
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Proximity to beaches, golf courses, and Marbella center.
- Quality of local amenities and security features.
- Demand for holiday rentals and long-term residence.
- Economic stability and growth in the Costa del Sol region.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
13.23%
5 Year Return
66.15%
10 Year Return
132.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interior enhances value.
- Local market trends in 2027: Growing demand for holiday and investment properties in Elviria.
- Property type: Apartment in a desirable location attracts consistent interest.
- Economic outlook in 2027: Stable with potential growth in tourism and real estate sectors.
- Demographic developments: Increasing expatriate and retiree populations boosting demand.
- Infrastructure plans in 2027: Improvements in transportation and amenities could elevate property values.
- Historical WOZ value trends: Consistent appreciation in property taxes indicates rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade flooring or add smart home features.
- Enhance outdoor space with landscaping or additional amenities.
- Improve energy efficiency with solar panels or insulation.
Description
Discover this bright and elegant apartment in Elviria, Spain, offering stunning lush garden views within a secure, gated community. Perfect for those seeking a comfortable year-round residence, a holiday retreat, or a smart investment, this property combines modern style with practical amenities. The spacious living and dining area features large sliding doors that open onto a generous terrace, providing breathtaking green vistas—ideal for relaxing or entertaining. The contemporary open-plan kitchen is fully equipped with elegant countertops and a breakfast bar, making it perfect for social gatherings. With two bedrooms and two bathrooms—one en suite with a bathtub and the other with a shower—the apartment offers ample space and comfort. Stylish marble floors enhance the bright interior, complemented by modern bathroom finishes. Additional features include air conditioning, private underground parking, and a storage room for convenience. Located in the highly desirable Elviria area, the community boasts lush tropical gardens, four large swimming pools, and dedicated children’s pools, all secured with 24-hour security and gated access. Convenience is at your doorstep, with local shops, supermarkets, banks, bakeries, and restaurants just five minutes away. Enjoy proximity to Santa MarÃa Golf, stunning sandy beaches, Marbella town center (15 minutes), and Málaga Airport (30 minutes). This Elviria apartment in Spain offers an exceptional blend of comfort, security, and prime location, making it an ideal choice for investors and homeowners alike.
Location
Nightly rates in the area
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