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2
Bedrooms
2
Bathrooms
98 m²
Surface area
€
€4439
Price per m²
Apartment
Property type
+9 photos
Analysis
Price
€435.000
Own investment (30%)
€130.500
30% down payment of purchase price
Buyer costs
€43.500
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
-€812
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€81,67
{% 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
-€104,94
Municipal taxes for Elviria
Tax
(19%)
-€247,56
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 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
Nightly rates in the area
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