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Apartment in Elviria, 3 bedrooms, 130 m² €585.000

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3
Bedrooms
2
Bathrooms
130 m²
Surface area
€
€4500
Price per m²
Apartment
Property type
Apartment in Elviria, 3 bedrooms, 130 m² - Hoofdafbeelding
Apartment in Elviria, 3 bedrooms, 130 m² - Afbeelding 1
Apartment in Elviria, 3 bedrooms, 130 m² - Afbeelding 2
Apartment in Elviria, 3 bedrooms, 130 m² - Afbeelding 3
+19 photos

Analysis

Price
€585.000
Own investment (30%)
€175.500
Buyer costs
€58.500
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.092
Maintenance costs
-€108,33
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€136,81
Tax (19%)
-€299,65
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€205,92
High season
€274
Mid season
€197,50
Low season
€142

Price determining factors

  • Proximity to beaches and amenities: Prime location near Marbella’s beaches enhances value.
  • Property condition: Well-maintained properties attract higher prices.
  • Market demand: High demand for holiday rentals and second homes in Elviria.
  • Local development projects: New commercial or recreational developments can increase property attractiveness.

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

6.55%

5 Year Return

32.75%

10 Year Return

65.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Upgrading interiors and amenities can significantly boost rental income and property value.
  • Local market trends in 2027: Continued demand for beachfront properties in Marbella will likely drive appreciation.
  • Property type: Apartments in desirable beachfront locations tend to appreciate well due to high demand.
  • Economic outlook in 2027: A stable or growing economy in Spain and Europe will support property value growth.
  • Demographic developments: Increasing number of retirees and expatriates seeking coastal properties will sustain demand.
  • Infrastructure plans in 2027: Improvements in transportation, amenities, and local services will enhance property appeal.
  • Historical WOZ value trends: Consistent increases in property taxes indicate rising property values and market confidence.

Possible improvements

  • Modernizing kitchen and bathrooms
  • Adding smart home features
  • Improving energy efficiency (e.g., solar panels, insulation)
  • Renovating terrace and outdoor spaces
  • Upgrading interior decor to contemporary styles

Description

Discover this stunning beachfront apartment for sale in Elviria, Spain, and embrace the ultimate beachside lifestyle. Nestled just 150 meters from one of Marbella's most beautiful beaches, this charming middle-floor residence offers the perfect blend of traditional Andalusian architecture and modern comforts. Featuring three spacious bedrooms and two bathrooms, this Elviria property provides an ideal living space for families or investors seeking a profitable vacation rental. The east-facing terrace invites you to enjoy breathtaking Mediterranean views and abundant sunshine, making it an inviting spot for relaxation. Set within a well-maintained complex, this beachfront apartment in Elviria boasts access to four swimming pools, including two dedicated for children, ensuring fun-filled days for all ages. Surrounded by lush tropical gardens and cobbled paths, the property exudes a warm, inviting ambiance that captures the essence of Marbella's coastal charm. Elviria, Spain, is renowned for its limited but highly sought-after beachfront properties, often valued well over €650,000. This property presents a rare opportunity to acquire a prime piece of Marbella’s beachside real estate at a competitive price. With some modern upgrades, you can personalize this apartment to create your perfect seaside retreat or investment property. Don’t miss the chance to own a slice of paradise in Elviria, Spain. Whether you’re looking for a vacation home or a lucrative rental investment, this beachfront apartment offers the best of Marbella’s coastal living.

Location

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