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Apartment in Elviria, 2 bedrooms, 120 m² €489.000

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2
Bedrooms
2
Bathrooms
120 m²
Surface area
€4075
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 120 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 120 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 120 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 120 m² - Afbeelding 3
+31 photos

Analysis

Price
€489.000
Own investment (30%)
€146.700
Buyer costs
€48.900
Estimated nightly rate
€154,54
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€912,80
Maintenance costs
-€100
Cleaning costs
-€291,67
Platform fees
-€458,31
Municipal taxes
-€112,38
Tax (19%)
-€224,24
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€154,54
High season
€212
Mid season
€148,75
Low season
€108

Price determining factors

  • Proximity to beaches and golf courses.
  • Quality of local amenities and services.
  • Views and outdoor space, including terraces.
  • Property condition and recent renovations.

Comparable accommodations

Rate Hotel / apartment Distance
€133,60 An impressive beach house 8.7 km
€203 Casa Flores - Panoramic views, pool, tennis, BBQ 15.4 km
€132,40 Spectacular house on Carvajal Beach 18.3 km
€125,20 Picturesque Casita Mijas Pueblo 16.8 km
€166,80 Chariming and creative house 50m from the beach 2.1 km
€134,80 Cubo's Finca La Graciosa (Cubo's Farm) 21.0 km
€275,20 Casa Tetuan in old town Marbella, a manicured home 8.9 km
€186,80 Unique place with roof terrace in Old town 9.1 km
€124,86 Sunny hillside casita in Guaro 17.9 km
€131,40 House 5 minutes from the beach, Puerto Banús and 5 golf courses 16.7 km

Return & Value appreciation

Annual return

5.86%

5 Year Return

29.30%

10 Year Return

58.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with recent updates enhances value.
  • Local market trends in 2027: Growing demand for coastal properties in Elviria.
  • Property type: Duplex offers versatile living space, attractive for buyers.
  • Economic outlook in 2027: Stable with potential growth in tourism and real estate sectors.
  • Demographic developments: Increasing expatriate and retiree population boosting demand.
  • Infrastructure plans in 2027: Improvements in transportation and amenities could increase desirability.
  • Historical WOZ value trends: Consistent appreciation indicates positive market trajectory.

Possible improvements

  • Upgrade kitchen appliances and finishes.
  • Enhance outdoor terrace with additional seating or landscaping.
  • Install smart home technology for added convenience.
  • Improve energy efficiency with solar panels or insulation.

Description

Discover this stunning duplex property for sale in Elviria, Spain, a highly sought-after area known for its beautiful beaches and golf courses. Perfectly situated in a quiet, residential urbanization, this immaculate home offers the ideal combination of comfort and convenience for permanent living or investment. Located on a corner, the property enjoys abundant natural sunlight throughout the day, thanks to its south-facing orientation and large windows. The spacious entrance terrace, equipped with awnings, provides a perfect outdoor space for relaxation. Inside, the bright living room with marble floors connects seamlessly to a fully renovated, modern kitchen and a second south-facing terrace with panoramic sea views and additional sun protection. The ground level features a double bedroom with built-in wardrobes and a contemporary full bathroom, while the upper floor hosts a luxurious master suite with an en-suite bathroom, large wardrobes, and a private terrace with unobstructed views. Additional highlights include air conditioning, heating, recently updated bathrooms and kitchen, and a large garage with storage room included in the price. Located just five minutes from the beach and close to golf courses, this Elviria property in Spain combines prime location with excellent amenities. Viewings are highly recommended to experience this exceptional home firsthand. Don't miss out on the opportunity to own this beautiful property in Elviria, Spain, the perfect place for a relaxed coastal lifestyle.

Location

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