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6
Bedrooms
5
Bathrooms
690 m²
Surface area
€
€4203
Price per m²
House
Property type
+46 photos
Analysis
Price
€2.900.000
Own investment (30%)
€870.000
30% down payment of purchase price
Buyer costs
€290.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€565,50
Expected occupancy rate
50%
Gross rental p/m
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€0000
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Mortgage costs
-€5.413,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€575
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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€1.290,05
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€464,42
Municipal taxes for Elviria
Tax
(19%)
-€91,68
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
€565,50
High season
€827
Mid season
€548,33
Low season
€392
Price determining factors
- Location: Prime Elviria area with sea and golf course views.
- Property size and land: Large plot with extensive outdoor features.
- Amenities: Heated pool, pond, waterfalls, advanced irrigation, independent structures.
- Condition: Needs renovation, which can be an opportunity for value addition.
- Market demand: High for luxury estates with unique features.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €434,20 | Villa El Mirador | 10.2 km |
| €2.271 | Extraordinary Villa i Marbella | 12.3 km |
| €847,40 | Renovated villa next to the beach and Puerto Banús | 14.4 km |
| €786,40 | Boutique villa, 12-15 guests, near Puerto Banús | 16.6 km |
| €942,80 | 6 Bedroom luxury villa with infinity heated pool | 10.8 km |
| €496,80 | Luxury Villa: Heated Pool & Sea Views, Near Beach | 11.5 km |
| €1.399 | Bali-Style Villa/Sea Views, Heated Pool, Sleeps 15 | 15.3 km |
| €1.331 | Vacation Marbella w/Pool, Billard, Cine, BBQ, Golf | 19.9 km |
| €800 | ⚡ Beach side w/ heated pool, bbq, central heating | 18.6 km |
| €411 | Casa del León | 17.4 km |
Return & Value appreciation
Annual return
0.40%
5 Year Return
2.00%
10 Year Return
4.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Renovation potential can significantly increase value.
- Local market trends in 2027: Expected growth in luxury and holiday homes in Elviria.
- Property type: Unique single-storey estate with extensive amenities.
- Economic outlook in 2027: Stable with positive growth in Spain, especially in tourism and real estate sectors.
- Demographic developments: Increasing demand from affluent buyers and expatriates.
- Infrastructure plans in 2027: Upgrades to roads, utilities, and local amenities expected to enhance accessibility and attractiveness.
- Historical WOZ value trends: Consistent increase reflecting rising property values.
Possible improvements
- Renovate and modernize the main house and additional structures.
- Upgrade landscaping and outdoor amenities.
- Implement energy-efficient systems to reduce operational costs.
- Enhance security features and smart home technology.
- Expand or improve existing facilities like the pool and irrigation system.
Description
Discover a prime investment opportunity with this unique single-storey property in Elviria, Spain, offering stunning sea and golf course views. Situated on a spacious 5,250 m2 plot, this property features a large garden with a heated pool, a private well with filtration, a pond with waterfalls and underwater lighting, and an advanced 10-zone irrigation system. The estate includes a main house with six bedrooms and five bathrooms, all with outdoor access and expansive porches, along with additional structures such as a garage, workshop, and an independent service house. Although the house requires renovation, its layout presents potential for modernization.
Location
Similar properties in Elviria
Nightly rates in the area
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