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Apartment in Elviria, 3 bedrooms, 76 m² €399.990

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3
Bedrooms
2
Bathrooms
76 m²
Surface area
€
€5263
Price per m²
Apartment
Property type
Apartment in Elviria, 3 bedrooms, 76 m² - Hoofdafbeelding
Apartment in Elviria, 3 bedrooms, 76 m² - Afbeelding 1
Apartment in Elviria, 3 bedrooms, 76 m² - Afbeelding 2
Apartment in Elviria, 3 bedrooms, 76 m² - Afbeelding 3
+13 photos

Analysis

Price
€399.990
Own investment (30%)
€119.997
Buyer costs
€39.999
Estimated nightly rate
€204,39
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€746,65
Maintenance costs
-€63,33
Cleaning costs
-€333,33
Platform fees
-€568,84
Municipal taxes
-€97,50
Tax (19%)
-€376,70
Cashflow p.m.
Earned back in
00months

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Nightly Rates

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

Price determining factors

  • Proximity to beaches and amenities: Enhances desirability and value.
  • Shared amenities: Attractive features like pools and gardens add value.
  • Location: Prime beachfront location in Elviria, a sought-after area.
  • Property condition: Modern and well-kept, supporting higher valuation.
  • Market demand: Strong demand for holiday and permanent residences in Costa del Sol.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

16.06%

5 Year Return

80.30%

10 Year Return

160.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern fixtures, which supports steady appreciation.
  • Local market trends in 2027: Expected growth driven by tourism and expatriate demand in Costa del Sol.
  • Property type: Apartment in a desirable beachfront urbanization, appealing to both investors and residents.
  • Economic outlook in 2027: Positive, with steady growth in Spain's economy and tourism sector.
  • Demographic developments: Increasing expatriate population and retirees seeking coastal living.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities in Elviria.
  • Historical WOZ value trends: Consistent increase reflecting rising property values in the region.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade flooring and fixtures to increase attractiveness.
  • Enhance outdoor spaces or balconies for better leisure appeal.
  • Implement energy-efficient appliances and systems.
  • Add smart home features for modern convenience.

Description

Discover this charming apartment in Elviria, Spain, nestled just 50 meters from the stunning beaches of the Costa del Sol. Located within the prestigious Golden Beach Urbanization, this property offers access to exceptional shared amenities, including two expansive swimming pools set amidst lush botanical gardens with fountains and artificial lakes—ideal for outdoor relaxation and leisure. The prime location places you mere steps from Plage Casanis, a popular beachfront destination perfect for both residents and vacationers seeking sun and sea. Convenience is at your doorstep with supermarkets like Mercadona and Lidl just a 3-minute drive away, along with nearby schools, daycare centers, and a hospital only 5 minutes away, ensuring comprehensive amenities for comfortable living. This Elviria apartment combines tranquility with proximity to the beach, making it an attractive choice for investors and homeowners alike. Whether you’re looking for a peaceful holiday retreat or a permanent residence in Spain’s vibrant coastal region, this property offers a unique opportunity. Contact us today for more details and to arrange a visit to this exceptional Elviria apartment in Spain.

Location

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