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Apartment in Elviria, 2 bedrooms, 156 m² €539.000

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2
Bedrooms
2
Bathrooms
156 m²
Surface area
€
€3455
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 156 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 156 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 156 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 156 m² - Afbeelding 3
+14 photos

Analysis

Price
€539.000
Own investment (30%)
€161.700
Buyer costs
€53.900
Estimated nightly rate
€154,54
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.006,13
Maintenance costs
-€130
Cleaning costs
-€291,67
Platform fees
-€458,31
Municipal taxes
-€127,04
Tax (19%)
-€198,02
Cashflow p.m.
Earned back in
00months

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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 amenities: Enhances desirability.
  • Views of La Concha mountain and greenery: Adds value.
  • Size and layout: Spacious with a large terrace, appealing to buyers.
  • Underground parking and storage: Practical features that increase value.

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

4.70%

5 Year Return

23.50%

10 Year Return

47.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, which supports steady appreciation.
  • Local market trends in 2027: Expected growth in seaside property demand in Elviria.
  • Property type: Apartment in a desirable location, typically appreciating well.
  • Economic outlook in 2027: Positive economic growth in Spain, boosting real estate markets.
  • Demographic developments: Increasing demand from retirees and expatriates.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities in Elviria.
  • Historical WOZ value trends: Consistent increase, indicating rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade flooring and fixtures to enhance aesthetics.
  • Improve outdoor space with landscaping or additional amenities.
  • Install energy-efficient systems to reduce utility costs.

Description

Discover this exceptional 2-bedroom apartment in Elviria, Spain, offering a perfect combination of comfort and convenience in a prime seaside location. Just a short walk from the stunning beaches of Elviria and local amenities, this spacious property features a modern kitchen flowing into a generous 40 m² terrace—ideal for outdoor dining and relaxing while enjoying breathtaking views of lush greenery and La Concha mountain. The apartment provides two underground parking spaces and a dedicated storage room, ensuring ample space for all your needs. Situated in the desirable Elviria area of Spain, this home offers a serene retreat with stunning open vistas, making it an ideal choice for both investment and permanent living. Experience the vibrant lifestyle of Elviria, Spain, with this beautifully appointed property that combines luxury, practicality, and natural beauty.

Location

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