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2
Bedrooms
2
Bathrooms
84 m²
Surface area
€
€4583
Price per m²
Apartment
Property type
+22 photos
Analysis
Price
€385.000
Own investment (30%)
€115.500
30% down payment of purchase price
Buyer costs
€38.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€718,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€70
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€457,63
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€94,31
Municipal taxes for Marbella
Tax
(19%)
-€269,53
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
€154,31
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Proximity to beaches and amenities: Enhances desirability.
- Golf course frontage: Premium feature that increases value.
- Complex amenities: Pools, gardens, security add to attractiveness.
- Potential for expansion: Neighbors converting to three-bedroom layouts could influence market expectations.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
11.94%
5 Year Return
59.70%
10 Year Return
119.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent updates, enhancing appeal and value.
- Local market trends in 2027: Expected growth due to increasing demand for luxury golf-front properties.
- Property type: High-demand apartment type in a sought-after location.
- Economic outlook in 2027: Positive, with tourism and real estate sectors likely to grow.
- Demographic developments: Increasing affluent expatriates and retirees seeking luxury living.
- Infrastructure plans in 2027: Improvements in transportation and amenities could boost property values.
- Historical WOZ value trends: Consistent appreciation in property taxes indicating rising property values.
Possible improvements
- Renovate bathrooms and kitchen for modern appeal.
- Add smart home features for convenience.
- Enhance outdoor space with landscaping or furniture.
- Upgrade windows and insulation for energy efficiency.
Description
Discover this stunning Marbella apartment for sale, perfectly positioned on the frontline golf course in Elviria, Spain. Offering unparalleled open views and no obstructive buildings in front, this property provides a serene and scenic living environment. Located within the secure El Mirador de Santa MarÃa Golf complex, residents enjoy lush, meticulously maintained gardens and access to multiple swimming pools, creating a tranquil resort-like ambiance. This spacious Marbella apartment features two bedrooms with built-in wardrobes, two full bathrooms—including an en-suite master bathroom—and a bright, airy living-dining area illuminated by large windows. The separate, fully equipped kitchen adds functionality, while the covered terrace invites you to relax and enjoy the splendid surroundings. Included in the sale are a parking space and a storage room for added convenience. Situated close to essential amenities such as supermarkets, banks, restaurants, pharmacies, and some of Marbella’s finest beaches, this property offers both comfort and convenience. Just 35 minutes from Malaga International Airport, it’s ideal for both permanent residence and investment. The apartment also presents excellent potential for expansion, with some neighbors converting it into a three-bedroom layout. Whether you’re seeking a peaceful golf-front retreat or a promising investment opportunity in Marbella, Spain, this property truly stands out. Don't miss the chance to own a piece of Marbella’s luxurious lifestyle—schedule a visit today!
Location
Nightly rates in the area
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