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2
Bedrooms
2
Bathrooms
87 m²
Surface area
€
€4425
Price per m²
Apartment
Property type
+12 photos
Analysis
Price
€385.000
Own investment (30%)
€115.500
30% down payment of purchase price
Buyer costs
€38.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€718,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€72,50
{% trans '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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€457,63
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€94,31
Municipal taxes for Elviria
Tax
(19%)
-€269,05
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
€154,31
High season
€212
Mid season
€148,75
Low season
€108
Price determining factors
- Proximity to beaches, golf courses, and amenities increases desirability.
- Views of Andalusian landscape add premium value.
- Community facilities like pools and gardens enhance attractiveness.
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
11.92%
5 Year Return
59.60%
10 Year Return
119.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern interiors, which can attract higher rental yields and resale value.
- Local market trends in 2027: Growing demand for holiday and retirement homes in Costa del Sol, boosting property values.
- Property type: Apartments in a desirable area with amenities and scenic views tend to appreciate steadily.
- Economic outlook in 2027: Spain's economy is expected to recover and grow, supporting real estate appreciation.
- Demographic developments: Increasing number of retirees and expatriates seeking properties in Spain.
- Infrastructure plans in 2027: Planned improvements in transportation and local amenities will enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Add smart home features to increase convenience and value.
- Improve outdoor spaces or balcony to enhance views and usability.
- Upgrade fixtures and fittings to premium quality.
Description
Discover this charming apartment in Elviria, Spain, nestled within the peaceful hills of La Mairena. Perfectly positioned for those seeking a tranquil retreat with easy access to the vibrant Costa del Sol, this property offers the ideal combination of mountain serenity and coastal convenience. The spacious two-bedroom, two-bathroom apartment includes a luxurious master suite with an en-suite bathroom, a fully equipped kitchen with a practical utility area, and bright, inviting living spaces. Step out onto a large glass-enclosed terrace, where you can relax and enjoy breathtaking panoramic views of the Andalusian landscape. Residents benefit from beautifully maintained communal gardens, a refreshing swimming pool, and a private off-road parking space. Situated close to top-rated schools, tennis courts, and the renowned El Soto Golf Course, this apartment is perfect as a permanent residence or a holiday retreat. Embrace the best of Andalusian living with this stunning property in Elviria, Spain, offering a blend of mountain charm and coastal luxury. Whether investing or seeking a peaceful home in Spain, this apartment provides exceptional value in the sought-after Elviria area, just minutes from the beautiful beaches of the Costa del Sol.
Location
Nightly rates in the area
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