5-Bed Penthouse in Elviria, Spain

  • Listed on Airbnb: Since 2019 (4.87 rating)
  • Revenue from bookings: €108,000/year
  • Operating costs: €52,000/year (including rental management)
  • Net profit: €55,000/year
  • Cap rate: 4.78%

Property

This unique luxury penthouse, located in a beachfront complex on Golden Beach, spans three floors and is perfect for a large family or couples. The penthouse comfortably accommodates 12 people in 5 bedrooms and 4 bathrooms. It includes a kitchen, dining area, outdoor dining areas, roof terraces with a BBQ and jacuzzi, offering pure relaxation with views of the sea, pool, and mountains.

The first floor has been recently refurbished, featuring 2 new bathrooms and 2 bedrooms – one with a large double bed and ensuite bathroom, and the other with a king-size bed and 2 single beds. The open living, dining, and kitchen area leads to a terrace with an outdoor dining area. The kitchen is well-equipped, and the living room offers an LED TV, fast internet connection, and, on request, a PlayStation 4 with games and remotes. The second floor includes 2 bedrooms (one with a large double bed and the other with 2 single beds) and 2 ensuite bathrooms, one featuring a large round bathtub, and a terrace. The third floor hosts the roof terrace, with 1 bedroom, a heated jacuzzi, sunbeds, and an outdoor relax lounge. Note that there is an extra charge for the heated jacuzzi.

Parking is available on the street in front of the penthouse, and there is one underground parking space. The beach is about 100 meters from the first penthouse and only 150 meters to Estrella del Mar Beach Club Bar-Restaurant, which offers a 5-star spa, gym, steam bath, sauna, indoor heated pool, and outdoor heated pool (daily ticket for an extra charge).

Buying costs

  • Transfer tax: €99,500*
  • Notary fees: €1,500*
  • Property tax: €1,800/year*

*Approximate costs

To schedule a viewing or request more information contact us.