Back

House in Elviria, 6 bedrooms, 690 m² €2.900.000

1 views

You can view 2 more properties. Log in for unlimited access.

6
Bedrooms
5
Bathrooms
690 m²
Surface area
€4203
Price per m²
House
Property type
House in Elviria, 6 bedrooms, 690 m² - Hoofdafbeelding
House in Elviria, 6 bedrooms, 690 m² - Afbeelding 1
House in Elviria, 6 bedrooms, 690 m² - Afbeelding 2
House in Elviria, 6 bedrooms, 690 m² - Afbeelding 3
+46 photos

Analysis

Price
€2.900.000
Own investment (30%)
€870.000
Buyer costs
€290.000
Estimated nightly rate
€565,50
Expected occupancy rate
50%
Gross rental p/m
€0000
Mortgage costs
-€5.413,33
Maintenance costs
-€575
Cleaning costs
-€375
Platform fees
-€1.290,05
Municipal taxes
-€464,42
Tax (19%)
-€91,68
Cashflow p.m.
Earned back in

Interested?

Log in now to contact the seller directly

Log in

Nightly 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

Questions? Chat with us!