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2
Bedrooms
2
Bathrooms
92 m²
Surface area
€
€4185
Price per m²
Apartment
Property type
+8 photos
Analysis
Price
€385.000
Own investment (30%)
€115.500
30% down payment of purchase price
Buyer costs
€38.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,54
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€718,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€76,67
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
-€94,31
Municipal taxes for Elviria
Tax
(19%)
-€268,99
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
- Economic outlook in 2027: Positive economic growth in Spain and Europe can boost property values.
- Demographic developments: Increasing population and tourism in Elviria drive demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities can enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
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
8.94%
5 Year Return
44.70%
10 Year Return
89.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained apartments tend to retain and increase value.
- Local market trends in 2027: Growing popularity of coastal areas in Spain supports appreciation.
- Property type: Apartments in desirable locations like Elviria generally appreciate steadily.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade interior finishes and fixtures.
- Enhance outdoor spaces or balconies.
- Improve energy efficiency with new windows or insulation.
Description
Discover your ideal coastal retreat in this beautifully maintained two-bedroom apartment in Elviria, Spain. Perfectly positioned just a short walk from the stunning beaches and a lively selection of restaurants and cafes, this property offers the ultimate seaside lifestyle. Designed for modern living, the apartment features a dedicated parking space and is fully wheelchair accessible, ensuring comfort and convenience for all residents. Whether you're seeking a permanent residence or a vacation home, this Elviria property combines coastal charm with practical amenities. Enjoy the bright, spacious interiors and the vibrant Elviria neighborhood, renowned for its stunning beaches, golf courses, and vibrant community. This apartment represents an excellent investment opportunity in Elviria, Spain, blending comfort, accessibility, and prime location. Experience the best of coastal living in one of Spain's most sought-after destinations.
Location
Similar properties in Elviria
Nightly rates in the area
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