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House in Elviria, 4 bedrooms, 181 m² €2.290.000

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4
Bedrooms
4
Bathrooms
181 m²
Surface area
€12652
Price per m²
House
Property type
House in Elviria, 4 bedrooms, 181 m² - Hoofdafbeelding
House in Elviria, 4 bedrooms, 181 m² - Afbeelding 1
House in Elviria, 4 bedrooms, 181 m² - Afbeelding 2
House in Elviria, 4 bedrooms, 181 m² - Afbeelding 3
+29 photos

Analysis

Price
€2.290.000
Own investment (30%)
€687.000
Buyer costs
€229.000
Estimated nightly rate
€440,88
Expected occupancy rate
57%
Gross rental p/m
€0000
Mortgage costs
-€4.274,67
Maintenance costs
-€150,83
Cleaning costs
-€375
Platform fees
-€1.146,56
Municipal taxes
-€369,36
Tax (19%)
-€252,19
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€440,88
High season
€627
Mid season
€412,17
Low season
€249

Price determining factors

  • Proximity to amenities and sea views: Enhances desirability and price.
  • Modern upgrades and renovations: Adds value and attracts high-end buyers.
  • Location within Elviria: A sought-after area with high demand.
  • Property size and layout: Spacious and well-designed, appealing to luxury buyers.

Comparable accommodations

Rate Hotel / apartment Distance
€241,40 Casa Tranquila (Quiet House) La Cala de Mijas 9.0 km
€247 Ayma Ocean View 11.4 km
€212,60 Modern house with panoramic ocean views in Alya 6.3 km
€210,60 Lovely townhouse with private pool 16.6 km
€427,60 Heated pool / Premium Spanish villa / Sea views 15.2 km
€477,43 Impressive VILLA Dazura in Valtocado. MIJAS 14.5 km
€249,80 Stylish Villa París - Heated Pool 19.3 km
€291 Spacious 4-Bedroom Townhouse 3 min from the Beach 22.2 km
€319 4 bed Villa in Nueva Andalucia - Heated Pool 16.7 km
€707,60 Luxury villa on beach. Puerto Banus walk 15 min 17.1 km

Return & Value appreciation

Annual return

1.41%

5 Year Return

7.05%

10 Year Return

14.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, likely to attract premium buyers and sustain value growth.
  • Local market trends in 2027: Expected to remain strong due to high demand for luxury coastal properties in Marbella.
  • Property type: Luxury villa, which generally appreciates well in high-end markets.
  • Economic outlook in 2027: Favorable, with steady growth in Spain's economy and tourism sector supporting property values.
  • Demographic developments: Increasing number of affluent retirees and expatriates seeking luxury homes in Marbella.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Elviria and Marbella, enhancing property appeal.
  • Historical WOZ value trends: Consistent increase over recent years, indicating rising property values in the area.

Possible improvements

  • Adding a rooftop terrace for panoramic views.
  • Upgrading outdoor landscaping and garden features.
  • Installing a smart home automation system.
  • Enhancing energy efficiency with solar panels or additional insulation.
  • Expanding outdoor entertainment areas.

Description

Discover this stunning fully renovated villa in Elviria, Spain, offering spectacular sea views and modern luxury. Ideally situated on Avda. de las Cumbres, just minutes from the vibrant heart of Elviria, this property combines elegance, comfort, and prime location. Perfect for those seeking a Marbella villa with sea views, the residence is close to local amenities including shops, schools, a church, and renowned restaurants like the Michelin-starred El Lago, located next to Elviria Hills. Spanning two thoughtfully designed levels, the villa features three spacious bedrooms and two and a half bathrooms on the main floor, with an opulent master suite upstairs that boasts a private en-suite and extensive walk-in wardrobe. The open-plan living and kitchen area is equipped for year-round comfort with underfloor heating, a state-of-the-art five-system air conditioning system, and a cozy pellet fireplace. Practical details include a laundry room with external access leading to the parking area and a versatile room suitable for an office or hobby space. Outdoor amenities comprise a private swimming pool, a covered parking space for two vehicles, and beautifully landscaped surroundings that maximize the stunning sea vistas. This exceptional Elviria villa exemplifies modern upgrades, elegant design, and a coveted location within Marbella’s most desirable residential areas. An outstanding investment opportunity for buyers seeking a luxurious property in Spain’s sought-after coastal town.

Location

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