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Apartment in Marbella, 3 bedrooms, 87 m² €475.000

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3
Bedrooms
2
Bathrooms
87 m²
Surface area
€5460
Price per m²
Apartment
Property type
Apartment in Marbella, 3 bedrooms, 87 m² - Hoofdafbeelding
Apartment in Marbella, 3 bedrooms, 87 m² - Afbeelding 1
Apartment in Marbella, 3 bedrooms, 87 m² - Afbeelding 2
Apartment in Marbella, 3 bedrooms, 87 m² - Afbeelding 3
+15 photos

Analysis

Price
€475.000
Own investment (30%)
€142.500
Buyer costs
€47.500
Estimated nightly rate
€204,39
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€886,67
Maintenance costs
-€72,50
Cleaning costs
-€333,33
Platform fees
-€568,84
Municipal taxes
-€113,44
Tax (19%)
-€345,33
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 beaches and golf courses.
  • Quality of amenities like pools, gym, sauna.
  • Property condition and modern features.
  • Local demand for holiday rentals.
  • Economic stability and growth prospects.

Comparable accommodations

Rate Hotel / apartment Distance
€314 Livita, Space, Above the beach, Cala de mijas 19.8 km
€195,20 Hacienda el Alamo 16.6 km
€378,33 Casa Calma ǀ Private Pool ǀ Close to Beach + Golf 3.2 km
€210 Beach House 20.0 km
€84 Paradise, sun and beach. Charming terrace. 19.7 km
€185 Entire House with Terrace in Marbella 3.9 km
€382,40 Three bed house with pool 50 metres from the beach 8.5 km
€175 Chic 3BR Townhouse on the Beach + Pool + Parking 14.6 km
€133,60 Casa del Barco | Quiet 3BR Villa & Pool 17.1 km
€236,60 Casa Bryn Gwyn Beautiful Holiday Villa 19.7 km

Return & Value appreciation

Annual return

9.30%

5 Year Return

46.50%

10 Year Return

93.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities enhances value.
  • Local market trends in 2027: Expected growth due to tourism and foreign investment.
  • Property type: Apartments in Marbella are highly desirable for holiday rentals.
  • Economic outlook in 2027: Positive, with steady growth in Spain and Costa del Sol.
  • Demographic developments: Increasing number of retirees and expatriates seeking seaside living.
  • Infrastructure plans in 2027: Ongoing improvements in transport, healthcare, and amenities.
  • Historical WOZ value trends: Generally increasing, reflecting rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade flooring and fixtures to premium materials.
  • Enhance outdoor space with landscaping or furniture.
  • Install smart home technology for added convenience.
  • Improve energy efficiency with solar panels or insulation.

Description

Discover this stunning Marbella apartment in Elviria, offering a perfect blend of comfort and convenience just a short walk to the beautiful Marbella beaches in Spain. This spacious three-bedroom, two-bathroom property features a master en-suite, a bright living room, and a fully equipped open-plan kitchen that opens onto a generous terrace—ideal for outdoor living and entertaining. The apartment benefits from modern amenities including air conditioning with hot and cold options, elegant marble flooring, double-glazed windows for optimal insulation, underground parking, and a storage room. Situated within a meticulously maintained complex, residents enjoy access to three inviting pool areas, a small gym, sauna, and 24-hour security, ensuring a relaxed and secure lifestyle in Marbella. This property holds a holiday license, making it an excellent investment opportunity in Spain’s prime Marbella market. Located within walking distance of local amenities, restaurants, and shopping, and close to the renowned Santa María Golf course, this Marbella apartment combines luxury living with practical convenience. Just a short drive to Marbella city center, this property is ideal for those seeking a seaside retreat or a profitable holiday rental in Spain’s celebrated Costa del Sol.

Location

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