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Apartment in Elviria, 2 bedrooms, 98 m² €435.000

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2
Bedrooms
2
Bathrooms
98 m²
Surface area
€
€4439
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 98 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 98 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 98 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 98 m² - Afbeelding 3
+9 photos

Analysis

Price
€435.000
Own investment (30%)
€130.500
Buyer costs
€43.500
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€812
Maintenance costs
-€81,67
Cleaning costs
-€291,67
Platform fees
-€457,63
Municipal taxes
-€104,94
Tax (19%)
-€247,56
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€154,31
High season
€212
Mid season
€148,75
Low season
€108

Price determining factors

  • Proximity to beaches and amenities increases desirability.
  • Community security and parking add value.
  • Potential for short-term rental income enhances investment appeal.

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

9.70%

5 Year Return

48.50%

10 Year Return

97.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained apartment with modern amenities supports steady appreciation.
  • Local market trends in 2027: Growing demand for coastal properties on Costa del Sol due to tourism and expatriate influx.
  • Property type: Apartments in well-developed communities tend to appreciate steadily, especially in desirable locations like Elviria.
  • Economic outlook in 2027: Spain's economy is expected to recover and grow, boosting real estate investments.
  • Demographic developments: Increasing expatriate and retiree populations in Costa del Sol enhance rental and resale demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities will likely increase property values.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values over time.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Add energy-efficient appliances and solar panels.
  • Improve interior decor to attract higher-paying tenants or buyers.
  • Upgrade balcony or outdoor space for better outdoor living experience.

Description

Experience the best of coastal living with this stunning two-bedroom apartment in Elviria, Spain. Ideally situated just a short 10-minute walk from beautiful beaches and essential local amenities, this property offers the perfect blend of comfort and convenience. Enjoy peace of mind with 24-hour security within a well-maintained community that provides a dedicated parking space and a secure storage room. Perfectly suited for investors or those seeking a vacation home, this Elviria apartment benefits from flexible short-term rental options, making it an excellent investment opportunity in Spain's vibrant Costa del Sol region. Whether you're looking for a peaceful retreat or a lucrative rental property, this apartment in Elviria offers exceptional value and a prime location for enjoying the Mediterranean lifestyle. Don’t miss the chance to own a piece of Spain’s stunning coastal paradise—your ideal Elviria property awaits.

Location

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