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Apartment in Elviria, 2 bedrooms, 98 m² €585.000

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2
Bedrooms
2
Bathrooms
98 m²
Surface area
€5969
Price per m²
Apartment
Property type
Apartment in Elviria, 2 bedrooms, 98 m² - Hoofdafbeelding
Apartment in Elviria, 2 bedrooms, 98 m² - Afbeelding 1
Apartment in Elviria, 2 bedrooms, 98 m² - Afbeelding 2
Apartment in Elviria, 2 bedrooms, 98 m² - Afbeelding 3
+36 photos

Analysis

Price
€585.000
Own investment (30%)
€175.500
Buyer costs
€58.500
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.092
Maintenance costs
-€81,67
Cleaning costs
-€291,67
Platform fees
-€458,25
Municipal taxes
-€136,81
Tax (19%)
-€188,97
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€154,52
High season
€212
Mid season
€148,75
Low season
€108

Price determining factors

  • Proximity to Marbella, Puerto Banús, and Malaga Airport.
  • Luxury amenities and community features.
  • Sea view and private garden appeal.
  • High demand for holiday and permanent residences in Elviria.

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

4.13%

5 Year Return

20.65%

10 Year Return

41.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern finishes enhances value.
  • Local market trends in 2027: Growing demand for luxury coastal properties in Spain.
  • Property type: Ground-floor apartment with private garden and sea views is highly desirable.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports property appreciation.
  • Demographic developments: Increasing number of affluent retirees and expatriates settling in Costa del Sol.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and connectivity.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and finishes for modern appeal.
  • Add smart home technology for convenience.
  • Enhance outdoor living spaces with new furniture or landscaping.
  • Improve energy efficiency with solar panels or better insulation.

Description

Discover this exceptional garden apartment in Elviria, Spain, situated within a prestigious, award-winning community. This spacious ground-floor residence offers a private garden and stunning sea views, perfect for outdoor living and entertaining. The bright, elegantly decorated apartment features two bedrooms and two bathrooms, with a modern fully equipped kitchen that seamlessly connects to the dining and living areas. The generous main bedroom includes an ensuite bathroom with double sinks, while the second bedroom provides direct access to the terrace. Both bathrooms boast stylish marble finishes and underfloor heating. Residents enjoy access to manicured tropical gardens, a swimming pool, and are surrounded by Elviria's renowned golf courses, including Santa Maria and Marbella Golf. The complex provides two parking spaces, additional outdoor parking for guests, and ample storage options. Located just minutes from Marbella city center, Puerto Banús, and Malaga Airport, this Elviria property offers convenient access to top schools, supermarkets, restaurants, and leisure facilities such as tennis courts and a gym. The community's clubhouse features a Michelin-starred restaurant, El Lago, overlooking a tranquil lake. Whether seeking a permanent residence or a lucrative holiday home, this Elviria apartment combines luxurious living with a vibrant lifestyle in one of Spain’s most sought-after coastal areas. Don't miss the opportunity to own this superb property in Elviria, Spain—schedule a viewing today!

Location

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