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Apartment in Elviria, 3 bedrooms, 155 m² €460.000

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3
Bedrooms
2
Bathrooms
155 m²
Surface area
€
€2968
Price per m²
Apartment
Property type
Apartment in Elviria, 3 bedrooms, 155 m² - Hoofdafbeelding
Apartment in Elviria, 3 bedrooms, 155 m² - Afbeelding 1
Apartment in Elviria, 3 bedrooms, 155 m² - Afbeelding 2
Apartment in Elviria, 3 bedrooms, 155 m² - Afbeelding 3
+20 photos

Analysis

Price
€460.000
Own investment (30%)
€138.000
Buyer costs
€46.000
Estimated nightly rate
€204,39
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€858,67
Maintenance costs
-€129,17
Cleaning costs
-€333,33
Platform fees
-€568,84
Municipal taxes
-€110,25
Tax (19%)
-€340,49
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€204,39
High season
€274
Mid season
€196,17
Low season
€141

Price determining factors

  • Property condition: Modern and fully furnished, which attracts higher offers.
  • Local market trends in 2027: Rising property prices driven by tourism and foreign investment.
  • Property type: Apartments in a desirable location tend to retain and increase value.
  • Economic outlook in 2027: Stable economic growth supports property appreciation.
  • Demographic developments: Growing expatriate community and retirees increase demand.
  • Infrastructure plans in 2027: Enhanced infrastructure boosts property appeal.
  • Historical WOZ value trends: Increasing WOZ values reflect rising property market prices.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

12.62%

5 Year Return

63.10%

10 Year Return

126.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports value appreciation.
  • Local market trends in 2027: Expected growth in Marbella's real estate market due to tourism and foreign investment.
  • Property type: Apartments in high-demand coastal areas tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, boosting property values.
  • Demographic developments: Increasing demand from expatriates and retirees seeking seaside living.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and connectivity in Elviria and Marbella.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures for modern appeal.
  • Enhance outdoor terraces with stylish furniture and landscaping.
  • Implement energy-efficient features to reduce utility costs.
  • Renovate bathrooms with contemporary fittings.
  • Add smart home technology for increased convenience.

Description

Experience the allure of coastal living with this beautifully renovated 170 m² apartment in Elviria, Spain. Perfectly situated in a tranquil neighborhood, this charming property offers a spacious, sunlit living area, three inviting bedrooms, and two contemporary bathrooms, making it ideal for families or discerning buyers seeking comfort and elegance. The fully equipped kitchen features modern appliances, while two private terraces provide serene outdoor spaces for relaxation and entertaining. Located within a well-maintained community, residents enjoy access to six swimming pools, lush gardens, and peaceful green surroundings—just minutes from Marbella's vibrant city life. Embrace outdoor activities with nearby mountain walks, golf courses, sandy beaches, and a variety of shops and restaurants that Spain’s Costa del Sol region is renowned for. Additional features include an underground parking space and storage unit, with the apartment sold fully furnished, ready for immediate occupancy. This property in Elviria, Spain, offers an exceptional opportunity for those seeking a seaside lifestyle or a lucrative investment in Marbella’s prestigious real estate market. Discover your dream home in Elviria, Spain, today.

Location

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