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Apartment in Elviria, 3 bedrooms, 106 m² €425.000

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3
Bedrooms
2
Bathrooms
106 m²
Surface area
€
€4009
Price per m²
Apartment
Property type
Apartment in Elviria, 3 bedrooms, 106 m² - Hoofdafbeelding
Apartment in Elviria, 3 bedrooms, 106 m² - Afbeelding 1
Apartment in Elviria, 3 bedrooms, 106 m² - Afbeelding 2
Apartment in Elviria, 3 bedrooms, 106 m² - Afbeelding 3
+15 photos

Analysis

Price
€425.000
Own investment (30%)
€127.500
Buyer costs
€42.500
Estimated nightly rate
€204,39
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€793,33
Maintenance costs
-€88,33
Cleaning costs
-€333,33
Platform fees
-€568,84
Municipal taxes
-€102,81
Tax (19%)
-€362,07
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€204,39
High season
€274
Mid season
€196,17
Low season
€141

Price determining factors

  • Proximity to beaches and amenities
  • Community security and facilities
  • Property size and layout
  • Potential for renovation or upgrades

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

14.53%

5 Year Return

72.65%

10 Year Return

145.30%

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 flooring and fixtures
  • Enhance outdoor terrace space
  • Improve storage solutions
  • Add smart home features

Description

Discover this charming Elviria apartment in Spain, perfectly situated in the heart of the popular Elviria urbanization. This spacious 105 m² top-floor property offers a fantastic opportunity for buyers seeking a versatile home or investment property in Spain. Featuring three bright bedrooms and two bathrooms, the apartment boasts an open-plan living room with a cozy fireplace that opens onto an expansive sky terrace, ideal for outdoor entertaining. The kitchen is well-lit, with an extension leading to a covered terrace, perfect for al fresco dining. Additional storage is provided by a 7 m² ground-floor storage room. While the property does not have a lift, the gated community offers enhanced security with CCTV surveillance and well-maintained communal areas, including a recently upgraded swimming pool and lush green sunbathing zones. Located in the central Elviria area, this property is within walking distance to a variety of excellent restaurants, bars, and shopping options, as well as some of the most beautiful sandy beaches in Marbella. Convenience is key, with just an 8-minute drive to Marbella and 22 minutes to Malaga Airport, making this Elviria property ideal for both full-time living and holiday rentals. Experience the best of coastal living in Spain with this attractive Elviria apartment, offering great potential and a prime location near Marbella’s vibrant amenities and stunning beaches.

Location

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