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2
Bedrooms
2
Bathrooms
92 m²
Surface area
€
€4565
Price per m²
Apartment
Property type
+14 photos
Analysis
Price
€420.000
Own investment (30%)
€126.000
30% down payment of purchase price
Buyer costs
€42.000
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
-€784
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
-€101,75
Municipal taxes for Elviria
Tax
(19%)
-€254,43
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
- Location proximity to beaches and golf courses
- Quality of amenities within the complex
- Market demand for holiday and permanent residences in Elviria
- Tourism growth in Costa del Sol
- Interest rates and mortgage availability
- Local property tax policies
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
10.33%
5 Year Return
51.65%
10 Year Return
103.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition
- Local market trends in 2027
- Property type
- Economic outlook in 2027
- Demographic developments
- Infrastructure plans in 2027
- Historical WOZ value trends
Possible improvements
- Renovate kitchen and bathrooms for modern appeal
- Upgrade outdoor terraces with stylish furniture and lighting
- Improve energy efficiency with new windows or insulation
- Enhance security features and smart home technology
- Landscaping and beautification of communal gardens
Description
Discover this charming first-floor apartment in the highly sought-after Elviria area of Marbella, Spain. Located within the tranquil Rancho Park residential complex, this property offers an ideal blend of peaceful living and excellent connectivity on the Costa del Sol. Perfect as a permanent residence or a luxurious holiday home, this Elviria apartment features a well-designed layout with 71.29 m² of usable space, complemented by a total constructed area of 92.47 m² and two private terraces totaling 17.60 m². These outdoor spaces are perfect for enjoying the warm Mediterranean climate year-round. The interior boasts a bright living-dining area with direct access to the terraces, a separate fully fitted kitchen, two comfortable bedrooms, a full bathroom, and a guest toilet. The south-facing terraces provide abundant natural light, creating inviting areas for relaxation and outdoor entertaining. The gated complex offers beautifully landscaped communal gardens, a swimming pool, and excellent security features, including a lift and entry phone system. Conveniently situated close to golf courses, shops, beaches, and major roads, this Elviria property ensures easy access to Marbella’s vibrant city center and stunning coastline. Whether seeking a beachfront investment, holiday retreat, or a permanent home in Spain, this property combines luxury, affordability, and a prime location on the Costa del Sol. Don’t miss this exceptional opportunity to own a piece of Elviria’s desirable real estate market in Spain.
Location
Nightly rates in the area
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