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2
Bedrooms
2
Bathrooms
98 m²
Surface area
€
€5969
Price per m²
Apartment
Property type
+36 photos
Analysis
Price
€585.000
Own investment (30%)
€175.500
30% down payment of purchase price
Buyer costs
€58.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€154,52
Expected occupancy rate
65%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€1.092
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€81,67
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
-€458,25
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€136,81
Municipal taxes for Elviria
Tax
(19%)
-€188,97
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
€154,52
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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Nightly rates in the area
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