Back

Apartment in Elviria, 3 bedrooms, 131 m² €775.000

2 views

You can view 1 more properties. Log in for unlimited access.

3
Bedrooms
2
Bathrooms
131 m²
Surface area
€
€5916
Price per m²
Apartment
Property type
Apartment in Elviria, 3 bedrooms, 131 m² - Hoofdafbeelding
Apartment in Elviria, 3 bedrooms, 131 m² - Afbeelding 1
Apartment in Elviria, 3 bedrooms, 131 m² - Afbeelding 2
Apartment in Elviria, 3 bedrooms, 131 m² - Afbeelding 3
+12 photos

Analysis

Price
€775.000
Own investment (30%)
€232.500
Buyer costs
€77.500
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.446,67
Maintenance costs
-€109,17
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€177,19
Tax (19%)
-€224,43
Cashflow p.m.
Earned back in
00months

Interested?

Log in now to contact the seller directly

Log in

Nightly Rates

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

Price determining factors

  • Location within Elviria: Prime coastal area boosts desirability.
  • Views and amenities: Panoramic sea views and luxury amenities increase value.
  • Property size and layout: Spacious 131m² with modern design.
  • Market demand: High demand for luxury apartments in Elviria.
  • Economic factors: Stable euro, low interest rates, and favorable mortgage conditions.

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

3.70%

5 Year Return

18.50%

10 Year Return

37.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, high standards of construction and upkeep increase value.
  • Local market trends in 2027: Expected growth in coastal property demand in Spain.
  • Property type: Apartments in luxury communities tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports property appreciation.
  • Demographic developments: Increasing demand from retirees and expatriates.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Upgrade kitchen and bathrooms with modern fixtures.
  • Enhance outdoor living spaces or terraces.
  • Add smart home technology for convenience.
  • Improve energy efficiency with solar panels or insulation.
  • Renovate or modernize interior decor to appeal to contemporary tastes.

Description

Experience luxury living in this stunning three-bedroom apartment in Elviria, Spain, offering panoramic views of lush hills and the sparkling Mediterranean Sea. Located within a prestigious residential community, this property provides residents with access to beautifully maintained mature gardens and an array of top-tier amenities. Enjoy relaxing days by multiple swimming pools, teeing off at the onsite golf course, or staying active on tennis courts and in a fully-equipped gym. The charming restaurant adds to the vibrant community atmosphere. Although this is a pre-owned property, it has been meticulously maintained and built to the highest standards, ensuring exceptional quality and comfort. Additional features include convenient parking and generous storage space, making this apartment perfect for those seeking a blend of luxury and leisure in Elviria, Spain. This property is an ideal investment opportunity or a permanent residence in one of Spain’s most sought-after coastal locations.

Location

Similar properties in Elviria

Questions? Chat with us!