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3
Bedrooms
2
Bathrooms
149 m²
Surface area
€
€6980
Price per m²
Apartment
Property type
+27 photos
Analysis
Price
€1.040.000
Own investment (30%)
€312.000
30% down payment of purchase price
Buyer costs
€104.000
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
-€1.941,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€124,17
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
-€196,67
Municipal taxes for Elviria
Tax
(19%)
-€123,89
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
- Proximity to beaches, golf courses, and Marbella city center.
- High-quality construction and modern design.
- Luxury amenities and communal facilities.
- Sea views and outdoor terraces.
- Smart home technology and private parking.
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
1.52%
5 Year Return
7.60%
10 Year Return
15.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment with high-end materials enhances value.
- Local market trends in 2027: Growing demand for luxury coastal properties in Marbella boosts appreciation.
- Property type: Apartments in beachfront complexes are highly desirable and tend to appreciate well.
- Economic outlook in 2027: Positive economic growth in Spain and increased foreign investment support property value growth.
- Demographic developments: Increasing number of affluent retirees and expatriates in Costa del Sol drive demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities in Marbella will likely increase property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade smart home systems.
- Renovate kitchen and bathrooms for modern appeal.
- Enhance outdoor living spaces with landscaping or additional features.
- Add energy-efficient appliances and solar panels.
- Improve interior decor to increase aesthetic appeal.
Description
Discover an exceptional opportunity to own a modern apartment in the exclusive Elviria Beach area of Marbella, Spain. Nestled within a newly developed beachfront residential complex, this stylish property offers the perfect blend of contemporary design, comfort, and stunning sea views. Located just a 10-minute drive from Marbella city center and approximately 30 minutes from Málaga International Airport, Elviria is renowned for its pristine beaches, vibrant dining scene, and world-class golf courses such as Santa Maria, Santa Clara, Rio Real, and Marbella Golf. This prime location makes it an ideal choice for holidaymakers, investors, or permanent residents seeking the best of Costa del Sol living.
The apartment features a spacious 149 m² interior with a well-thought-out layout, complemented by a generous terrace overlooking landscaped gardens and a sparkling swimming pool. Bright and airy, the living area seamlessly connects to the outdoor space, perfect for relaxation or entertaining. The private bedroom area ensures comfort and privacy, while smart home technology enhances convenience. The development’s high-end construction materials and modern design emphasize quality and style.
Additional highlights include a private underground parking space, storage room, and access to communal amenities that balance privacy with open communal areas. This turnkey property in East Marbella represents a unique investment opportunity or a luxurious holiday home in a prestigious seaside enclave. Embrace the Marbella lifestyle with this stunning apartment in Elviria, Spain—where comfort, elegance, and coastal beauty converge.
Location
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Nightly rates in the area
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