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Apartment in Elviria, 3 bedrooms, 132 m² €549.000

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3
Bedrooms
2
Bathrooms
132 m²
Surface area
€4159
Price per m²
Apartment
Property type
Apartment in Elviria, 3 bedrooms, 132 m² - Hoofdafbeelding
Apartment in Elviria, 3 bedrooms, 132 m² - Afbeelding 1
Apartment in Elviria, 3 bedrooms, 132 m² - Afbeelding 2
Apartment in Elviria, 3 bedrooms, 132 m² - Afbeelding 3
+19 photos

Analysis

Price
€549.000
Own investment (30%)
€164.700
Buyer costs
€54.900
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.024,80
Maintenance costs
-€110
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€129,16
Tax (19%)
-€313,55
Cashflow p.m.
Earned back in

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Nightly Rates

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

Price determining factors

  • Strong local market trends in Marbella, especially in Elviria, driven by high demand for luxury properties.
  • Economic outlook in 2027: Positive, with steady growth in tourism and real estate sectors.

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

7.30%

5 Year Return

36.50%

10 Year Return

73.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently refurbished, enhancing value.

Possible improvements

  • Adding a private balcony or terrace for outdoor space.
  • Upgrading kitchen appliances or finishes for modern appeal.
  • Enhancing energy efficiency with solar panels or smart home systems.

Description

Discover this stunning single-level apartment in the prestigious El Mirador de Santa Maria Golf complex, located in the sought-after Elviria area of East Marbella, Spain. Perfect for those seeking a luxurious and convenient lifestyle, this fully refurbished property boasts three spacious bedrooms and two modern bathrooms. The open-plan living area is flooded with natural light, featuring a large lounge that seamlessly connects to a covered, glazed terrace—ideal for relaxing or entertaining. The contemporary, fully equipped kitchen complements the bright interior, while wooden floors, air conditioning with hot and cold options, and stylish finishes enhance comfort and elegance. Situated in a gated community, this Elviria apartment offers exclusive amenities, including three swimming pools, lush gardens, and secure underground parking with two designated spaces and a generous storeroom. The property is perfectly oriented south, maximizing sunlight and scenic views. Its prime location next to Santa María Golf Course places residents within easy reach of top golf, pristine beaches, and vibrant local amenities. Just a 10-minute drive to Marbella's city center and shopping centers, this residence combines tranquility with accessibility. Ideal for investors or homeowners looking for a luxurious Elviria property in Spain, this apartment offers exceptional value, modern comforts, and a prime location in one of Marbella’s most desirable areas. Experience the best of Costa del Sol living in this beautiful Elviria apartment, where convenience meets elegance.

Location

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