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House in Elviria, 4 bedrooms, 404 m² €2.440.000

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4
Bedrooms
5
Bathrooms
404 m²
Surface area
€
€6040
Price per m²
House
Property type
House in Elviria, 4 bedrooms, 404 m² - Hoofdafbeelding
House in Elviria, 4 bedrooms, 404 m² - Afbeelding 1
House in Elviria, 4 bedrooms, 404 m² - Afbeelding 2
House in Elviria, 4 bedrooms, 404 m² - Afbeelding 3
+11 photos

Analysis

View Report
Price
€2.440.000
Own investment (30%)
€732.000
Buyer costs
€244.000
Estimated nightly rate
€429,66
Expected occupancy rate
58%
Gross rental p/m
€0000
Mortgage costs
-€4.554,67
Maintenance costs
-€336,67
Cleaning costs
-€375
Platform fees
-€1.136,99
Municipal taxes
-€392,73
Tax (19%)
-€148,93
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€429,66
High season
€581
Mid season
€409
Low season
€289

Price determining factors

  • Property condition: Excellent condition enhances value.
  • Local market trends in 2027: Rising demand for luxury villas boosts prices.
  • Property type: Villas tend to appreciate faster in prime locations.
  • Economic outlook in 2027: Strong economic growth supports higher property prices.
  • Demographic developments: Growth in wealthy expatriate and retiree populations.
  • Infrastructure plans in 2027: Upgrades in local infrastructure increase desirability.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

Rate Hotel / apartment Distance
€241,40 Casa Tranquila (Quiet House) La Cala de Mijas 9.0 km
€247 Ayma Ocean View 11.4 km
€212,60 Modern house with panoramic ocean views in Alya 6.3 km
€210,60 Lovely townhouse with private pool 16.6 km
€427,60 Heated pool / Premium Spanish villa / Sea views 15.2 km
€477,43 Impressive VILLA Dazura in Valtocado. MIJAS 14.5 km
€249,80 Stylish Villa París - Heated Pool 19.3 km
€291 Spacious 4-Bedroom Townhouse 3 min from the Beach 22.2 km
€319 4 bed Villa in Nueva Andalucia - Heated Pool 16.7 km
€707,60 Luxury villa on beach. Puerto Banus walk 15 min 17.1 km

Return & Value appreciation

Annual return

0.78%

5 Year Return

3.90%

10 Year Return

7.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and modern, which supports value appreciation.
  • Local market trends in 2027: Expected to be positive due to high demand for luxury properties on Costa del Sol.
  • Property type: Villa, which generally appreciates well in desirable locations.
  • Economic outlook in 2027: Favorable, with tourism and real estate sectors likely to grow.
  • Demographic developments: Increasing number of affluent retirees and expatriates seeking luxury homes.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and services in Elviria.
  • Historical WOZ value trends: Consistent increase reflecting rising property values.

Possible improvements

  • Adding a rooftop terrace or solarium for panoramic views.
  • Upgrading the landscaping and outdoor amenities.
  • Modernizing interior finishes for a more contemporary look.
  • Installing energy-efficient systems to reduce utility costs.
  • Expanding the outdoor entertainment area.

Description

Discover this exquisite villa in Elviria, Spain, offering luxurious living with top-notch amenities. The spacious property features a grand entrance hall, a fully equipped modern kitchen with a cozy breakfast nook, and an expansive living and dining area complete with a charming fireplace. Step outside to enjoy the beautifully landscaped garden, which boasts a heated swimming pool, a covered al fresco lounge, and an outdoor dining space perfect for enjoying the Mediterranean climate. The villa includes four generous bedrooms, each with en-suite bathrooms, plus a guest restroom, providing ample space for family and visitors. An underground garage accommodates 2-3 cars, with additional parking available on the driveway. Located in the heart of Elviria, this prime property is just a 10-minute walk from Elviria’s vibrant commercial center and a short 10-minute drive to the stunning beaches of Spain’s Costa del Sol. Ideal for luxury living or a lucrative holiday rental investment, this villa benefits from a proven track record of successful rentals and excellent location advantages. Whether you seek an elegant primary residence or a profitable investment in Elviria, Spain, this property offers exceptional value and lifestyle benefits.

Location

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