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Apartment in Elviria, 2 bedrooms, 92 m² €349.000

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2
Bedrooms
2
Bathrooms
92 m²
Surface area
€
€3793
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 92 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 92 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 92 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 92 m² - Afbeelding 3
+18 photos

Analysis

Price
€349.000
Own investment (30%)
€104.700
Buyer costs
€34.900
Estimated nightly rate
€154,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€651,47
Maintenance costs
-€76,67
Cleaning costs
-€291,67
Platform fees
-€457,63
Municipal taxes
-€88,79
Tax (19%)
-€282,08
Cashflow p.m.
Earned back in

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Nightly 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 María 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

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