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Apartment in Elviria, 3 bedrooms, 85 m² €446.000

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3
Bedrooms
2
Bathrooms
85 m²
Surface area
€
€5247
Price per m²
Apartment
Property type
Apartment in Elviria, 3 bedrooms, 85 m² - Hoofdafbeelding
Apartment in Elviria, 3 bedrooms, 85 m² - Afbeelding 1
Apartment in Elviria, 3 bedrooms, 85 m² - Afbeelding 2
Apartment in Elviria, 3 bedrooms, 85 m² - Afbeelding 3
+17 photos

Analysis

Price
€446.000
Own investment (30%)
€133.800
Buyer costs
€44.600
Estimated nightly rate
€204,39
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€832,53
Maintenance costs
-€70,83
Cleaning costs
-€333,33
Platform fees
-€568,84
Municipal taxes
-€107,28
Tax (19%)
-€357,10
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

  • 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

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