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3
Bedrooms
2
Bathrooms
132 m²
Surface area
€
€4159
Price per m²
Apartment
Property type
+19 photos
Analysis
Price
€549.000
Own investment (30%)
€164.700
30% down payment of purchase price
Buyer costs
€54.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage costs
-€1.024,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€110
Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.
Cleaning costs
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€573,10
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€129,16
Municipal taxes for Elviria
Tax
(19%)
-€313,55
This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.
Earned back in
Time to earn back own investment + buyer costs.
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Log inNightly 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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Nightly rates in the area
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