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Apartment in Elviria, 3 bedrooms, 110 m² €425.000

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3
Bedrooms
3
Bathrooms
110 m²
Surface area
€
€3864
Price per m²
Apartment
Property type
Apartment in Elviria, 3 bedrooms, 110 m² - Hoofdafbeelding
Apartment in Elviria, 3 bedrooms, 110 m² - Afbeelding 1
Apartment in Elviria, 3 bedrooms, 110 m² - Afbeelding 2
Apartment in Elviria, 3 bedrooms, 110 m² - Afbeelding 3
+18 photos

Analysis

Price
€425.000
Own investment (30%)
€127.500
Buyer costs
€42.500
Estimated nightly rate
€222,39
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€793,33
Maintenance costs
-€91,67
Cleaning costs
-€333,33
Platform fees
-€618,94
Municipal taxes
-€102,81
Tax (19%)
-€415,37
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€222,39
High season
€299
Mid season
€213,67
Low season
€154

Price determining factors

  • Proximity to beaches, golf courses, and amenities.
  • High-quality community facilities like pools and security.
  • Desirable location in Elviria with good connectivity.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

16.67%

5 Year Return

83.35%

10 Year Return

166.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained properties tend to appreciate more.
  • Local market trends in 2027: Growing demand for holiday and investment properties in Elviria.
  • Property type: Apartments in gated communities are popular among buyers and renters.
  • Economic outlook in 2027: Expected steady economic growth in Spain, supporting property values.
  • Demographic developments: Increasing number of retirees and expatriates seeking properties in Spain.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities could boost property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Renovate bathrooms and kitchen for modern appeal.
  • Upgrade flooring or add contemporary fixtures.
  • Enhance outdoor space with landscaping or furniture.
  • Implement energy-efficient upgrades to reduce utility costs.

Description

Discover this stunning 3-bedroom corner apartment for sale in the prestigious Santa Maria Village, Elviria, Spain. Perfectly situated in the heart of Elviria's sought-after gated community, this property offers a harmonious blend of comfort, elegance, and prime location. Surrounded by lush tropical gardens and benefiting from 24-hour security, this spacious Elviria apartment is ideal for those seeking a permanent residence, holiday retreat, or lucrative rental investment in Spain. The apartment features a generous south-facing covered terrace, perfect for outdoor living and enjoying sunny days. Inside, you'll find elegant marble flooring throughout, a fully equipped kitchen with high-quality appliances, and three spacious bedrooms—two with en-suite bathrooms for added privacy and convenience. The property includes a private underground parking space, a separate storage room, and is easily accessible via lift. Key features of this Elviria property include large built-in wardrobes in each bedroom, modern bathrooms with both bathtub and shower options, and stunning garden views from the terrace. The community boasts beautiful communal gardens, swimming pools, and 24-hour gated security, ensuring peace of mind. Located just minutes from pristine beaches, renowned golf courses, and vibrant local amenities, this Elviria apartment offers an unbeatable lifestyle in Spain. Whether as a permanent home, holiday getaway, or investment property, this spacious corner apartment in Elviria is a rare find. Contact us today to arrange a viewing or learn more about this exceptional opportunity to own property in Elviria, Spain.

Location

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