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2
Bedrooms
2
Bathrooms
92 m²
Surface area
€
€3793
Price per m²
Apartment
Property type
+18 photos
Analysis
Price
€349.000
Own investment (30%)
€104.700
30% down payment of purchase price
Buyer costs
€34.900
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
-€651,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€76,67
{% 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
-€88,79
Municipal taxes for Elviria
Tax
(19%)
-€282,08
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 Marbella increases desirability.
- High-quality community amenities like pools and security add value.
- Modern interior finishes and outdoor spaces enhance appeal.
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
13.78%
5 Year Return
68.90%
10 Year Return
137.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities enhances value.
- Local market trends in 2027: Growing demand in Elviria due to tourism and expatriate influx.
- Property type: Apartments in gated communities are desirable for security and amenities.
- Economic outlook in 2027: Stable with potential growth in Spain's tourism and real estate sectors.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Improvements in transportation and local amenities could increase attractiveness.
- Historical WOZ value trends: Consistent appreciation in property taxes indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern aesthetics.
- Upgrade air conditioning and appliances for energy efficiency.
- Enhance outdoor terrace with additional seating or landscaping.
- Implement smart home features for added convenience.
Description
Discover this bright and elegant apartment in Elviria, Spain, offering stunning lush garden views within a secure, gated community. Perfect for those seeking a comfortable year-round residence, a holiday retreat, or a smart investment, this property combines modern style with practical amenities. The spacious living and dining area features large sliding doors that open onto a generous terrace, providing breathtaking green vistas—ideal for relaxing or entertaining. The contemporary open-plan kitchen is fully equipped with elegant countertops and a breakfast bar, making it perfect for social gatherings. With two bedrooms and two bathrooms—one en suite with a bathtub and the other with a shower—the apartment offers ample space and comfort. Stylish marble floors enhance the bright interior, complemented by modern bathroom finishes. Additional features include air conditioning, private underground parking, and a storage room for convenience. Located in the highly desirable Elviria area, the community boasts lush tropical gardens, four large swimming pools, and dedicated children’s pools, all secured with 24-hour security and gated access. Convenience is at your doorstep, with local shops, supermarkets, banks, bakeries, and restaurants just five minutes away. Enjoy proximity to Santa MarÃa Golf, stunning sandy beaches, Marbella town center (15 minutes), and Málaga Airport (30 minutes). This Elviria apartment in Spain offers an exceptional blend of comfort, security, and prime location, making it an ideal choice for investors and homeowners alike.
Location
Nightly rates in the area
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