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3
Bedrooms
3
Bathrooms
160 m²
Surface area
€
€4531
Price per m²
Apartment
Property type
+15 photos
Analysis
Price
€725.000
Own investment (30%)
€217.500
30% down payment of purchase price
Buyer costs
€72.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€223,23
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage costs
-€1.353,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€133,33
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
-€621,28
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€168,69
Municipal taxes for Elviria
Tax
(19%)
-€291,06
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
€223,23
High season
€299
Mid season
€214,17
Low season
€159
Price determining factors
- High-end amenities and location
- Sea, mountain, and golf views
- Proximity to golf course and luxury facilities
- Strong tourism and expatriate presence
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
5.13%
5 Year Return
25.65%
10 Year Return
51.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern finishes enhance value.
- Local market trends in 2027: Expected growth due to tourism and expatriate demand.
- Property type: Luxury apartment in a prime location attracts premium prices.
- Economic outlook in 2027: Positive, with steady growth in Spain and Costa del Sol.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities.
- Historical WOZ value trends: Consistent appreciation reflecting market stability.
Possible improvements
- Upgrade kitchen appliances and fixtures
- Add smart home technology
- Enhance outdoor living space with landscaping or furniture
- Renovate bathrooms for modern aesthetics
Description
Discover this luxurious ground floor apartment in Elviria, Spain, perfectly situated on the frontline of a prestigious golf course within an exclusive urbanisation. This elegant residence offers a seamless blend of privacy, spaciousness, and resort-style amenities, making it an ideal choice for those seeking a premium property in Costa del Sol's most desirable area. Boasting 3 bedrooms and 3 bathrooms across 160 square meters of beautifully maintained living space, the apartment features a modern, fully fitted kitchen with high-end appliances, marble flooring, and large double-glazed windows that flood the interior with natural light. Step outside to a generous south-east facing private terrace, ideal for outdoor dining while enjoying sweeping sea, mountain, and golf views in Elviria, Spain. Residents benefit from a range of amenities including multiple outdoor swimming pools, a fully equipped gym, clay tennis courts, and a Michelin-starred restaurant within the complex. Secure gated access, underground parking, WiFi, and storage facilities add to the convenience. Whether as a primary residence, holiday retreat, or investment, this luxury property in Elviria epitomizes sophisticated living in Spain’s Costa del Sol.
Location
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Nightly rates in the area
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