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3
Bedrooms
3
Bathrooms
189 m²
Surface area
€
€6614
Price per m²
Apartment
Property type
+28 photos
Analysis
Price
€1.250.000
Own investment (30%)
€375.000
30% down payment of purchase price
Buyer costs
€125.000
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
-€2.333,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€157,50
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
-€207,29
Municipal taxes for Elviria
Tax
(19%)
-€92,93
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
- Proximity to beaches and amenities
- Luxury development status
- Tourism growth in Costa del Sol
- Regional economic stability
- Interest rates and mortgage availability
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
0.95%
5 Year Return
4.75%
10 Year Return
9.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition
- Local market trends in 2027
- Property type
- Economic outlook in 2027
- Demographic developments
- Infrastructure plans in 2027
- Historical WOZ value trends
Possible improvements
- Renovate bathrooms and kitchen for modern appeal
- Enhance outdoor terraces with stylish furniture and lighting
- Upgrade interior finishes to premium materials
- Improve energy efficiency with solar panels or insulation
- Add smart home features
Description
Discover this stunning 3-bedroom, 3-bathroom duplex penthouse in the highly desirable beachside community of Elviria, Marbella, Spain. Perfectly positioned in the luxurious coastal area of Elviria, this property offers a unique opportunity for buyers seeking premium beachfront living. The main floor features a spacious living area, a fully equipped modern kitchen, and an en-suite bedroom, all complemented by a spectacular wrap-around terrace with breathtaking views. Upstairs, you'll find two additional double en-suite bedrooms, both south-facing and bathed in natural sunlight, ideal for relaxing or entertaining. Spanning 114 square meters, the expansive south-facing terraces are perfect for outdoor dining, sunbathing, or enjoying the Mediterranean climate. This fully furnished Elviria penthouse includes a dedicated garage space and is situated just a short walk from some of Marbella’s best beaches, trendy beach clubs, vibrant bars, and exquisite restaurants. Located within a sought-after development, this property offers easy access to Marbella’s historic Old Town, just 15 minutes away, and Málaga Airport within 25 minutes. Whether as a luxurious holiday home or a lucrative investment, this Elviria beachside penthouse combines comfort, style, and prime location in Spain’s coveted Costa del Sol.
Location
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Nightly rates in the area
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