Back

Apartment in Elviria, 2 bedrooms, 92 m² €420.000

1 views

You can view 2 more properties. Log in for unlimited access.

2
Bedrooms
2
Bathrooms
92 m²
Surface area
€
€4565
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 92 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 92 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 92 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 92 m² - Afbeelding 3
+14 photos

Analysis

Price
€420.000
Own investment (30%)
€126.000
Buyer costs
€42.000
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€784
Maintenance costs
-€76,67
Cleaning costs
-€291,67
Platform fees
-€457,63
Municipal taxes
-€101,75
Tax (19%)
-€254,43
Cashflow p.m.
Earned back in

Interested?

Log in now to contact the seller directly

Log in

Nightly 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

Questions? Chat with us!