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3
Bedrooms
2
Bathrooms
85 m²
Surface area
€
€5247
Price per m²
Apartment
Property type
+17 photos
Analysis
Price
€446.000
Own investment (30%)
€133.800
30% down payment of purchase price
Buyer costs
€44.600
Buyer costs: 10% of purchase price
Estimated nightly rate
€204,39
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage costs
-€832,53
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€70,83
{% trans '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
-€568,84
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€107,28
Municipal taxes for Elviria
Tax
(19%)
-€357,10
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
€204,39
High season
€274
Mid season
€196,17
Low season
€141
Price determining factors
- Proximity to amenities like supermarkets, schools, and healthcare.
- Quality of the urbanization and building amenities.
- Views and natural light, which are highly valued in coastal areas.
- Potential for rental income, especially during holiday seasons.
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
13.65%
5 Year Return
68.25%
10 Year Return
136.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained apartment with recent updates enhances value.
- Local market trends in 2027: Growing demand for coastal properties in Elviria due to tourism and expatriate influx.
- Property type: Apartments in small complexes tend to appreciate steadily, especially in desirable locations.
- Economic outlook in 2027: Stable to positive economic growth in Spain supports property appreciation.
- Demographic developments: Increasing number of retirees and expatriates seeking coastal living boosts demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities in Elviria will likely increase property values.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade flooring and fixtures to increase attractiveness.
- Improve outdoor space with landscaping or furniture.
- Add smart home features for convenience and security.
Description
Discover this charming and comfortable apartment for sale in Elviria, Spain, perfectly situated within the exclusive Hacienda San Manuel urbanization. Located on the first floor with convenient elevator access, this south-facing property offers abundant natural light and scenic views. The apartment's prime location in Elviria, Spain, ensures easy proximity to popular amenities including Mercadona and Lidl supermarkets, a nursery, a school, and healthcare facilities, making it ideal for families and investors alike. The small, well-maintained complex features only 24 units, providing a peaceful and private living environment. Additional highlights include underground parking and a dedicated storage room, enhancing convenience and security. Whether you're seeking a permanent residence or a holiday retreat, this Elviria apartment in Spain combines comfort, accessibility, and a prime location. Don't miss the opportunity to own this exceptional property in one of Spain's most desirable coastal areas, offering the perfect blend of tranquility and urban convenience.
Location
Nightly rates in the area
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