You can view 2 more properties. Log in for unlimited access.
3
Bedrooms
2
Bathrooms
103 m²
Surface area
€
€5320
Price per m²
Apartment
Property type
+26 photos
Analysis
Price
€548.000
Own investment (30%)
€164.400
30% down payment of purchase price
Buyer costs
€54.800
Buyer costs: 10% of purchase price
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€1.022,93
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€85,83
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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€573,10
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€128,95
Municipal taxes for Elviria
Tax
(19%)
-€318,54
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.
Interested?
Log in now to contact the seller directly
Log inNightly Rates
Estimated nightly rate
€205,92
High season
€274
Mid season
€197,50
Low season
€142
Price determining factors
- Proximity to beaches, golf courses, and amenities increases attractiveness.
- Luxury features and panoramic views add premium value.
- Community facilities like pools, gyms, and tennis courts enhance desirability.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €260,80 | Andalusian Villa with views, Pool, Garden & BBQ | 14.9 km |
| €185 | Villa La Guirnalda private pool/wifi/barbecue | 21.5 km |
| €164,40 | 3 Bed Accommodation with Pool | 12.7 km |
| €314 | Livita, Space, Above the beach, Cala de mijas | 10.7 km |
| €195,20 | Hacienda el Alamo | 12.8 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 6.4 km |
| €210 | Beach House | 10.9 km |
| €84 | Paradise, sun and beach. Charming terrace. | 10.6 km |
| €185 | Entire House with Terrace in Marbella | 13.1 km |
| €382,40 | Three bed house with pool 50 metres from the beach | 17.2 km |
Return & Value appreciation
Annual return
7.43%
5 Year Return
37.15%
10 Year Return
74.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, recently renovated, modern features enhance value.
- Local market trends in 2027: Growing demand for luxury properties in Costa del Sol, increasing prices.
- Property type: High-end apartment in a prestigious community attracts affluent buyers.
- Economic outlook in 2027: Positive economic growth in Spain and Europe supports real estate appreciation.
- Demographic developments: Increasing expatriate and retiree population boosts demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and connectivity enhance desirability.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures for modern appeal.
- Add smart home technology for convenience and luxury.
- Improve outdoor space with landscaping or a private terrace.
- Renovate bathrooms with high-end fixtures.
- Enhance energy efficiency with solar panels or better insulation.
Description
Experience luxury living in this stunning Elviria property, a prime example of real estate excellence in Spain. Located in the prestigious Elviria Hills complex, this beautifully renovated three-bedroom apartment offers breathtaking panoramic sea views, making it one of the most desirable homes in Elviria, Spain. Originally a two-bedroom, the apartment has been transformed into a modern, spacious residence featuring an open-plan living and dining area that seamlessly connects to a charming terrace, ideal for enjoying year-round outdoor living and spectacular vistas of the Mediterranean Sea, golf course, and lake. The fully equipped kitchen blends elegance with functionality, perfect for both everyday living and entertaining. The property boasts three bedrooms, two bathrooms with underfloor heating, air conditioning, central heating, and luxurious marble floors throughout. Additional features include a parking space and a storage room for convenience. Situated within the exclusive Elviria Hills community, residents benefit from lush tropical gardens, multiple swimming pools, a gym, tennis courts, and a renowned 9-hole golf course with a driving range. The nearby El Lago clubhouse offers exceptional dining experiences with views of a tranquil lake. Located just minutes from Elviria Beach, shopping centers, and top international schools, this property combines privacy, tranquility, and unbeatable connectivity. Marbella town center is only 15 minutes away, with Puerto Banús and Málaga Airport within easy reach. Discover the best of Costa del Sol living with this exceptional Elviria property, ideal for investors and those seeking a luxurious lifestyle in Spain.
Location
Similar properties in Elviria
Nightly rates in the area
Questions? Chat with us!