Several factors influence rental prices in Elviria, a popular residential area in Marbella, Spain. Firstly, the proximity to the beach and amenities such as restaurants, shops, and recreational facilities plays a crucial role. Properties closer to the coast often command higher rents due to their desirable locations. Seasonal demand also significantly affects prices; during the summer months, rentals can skyrocket as tourists flock to the region, driving up the cost for both short-term and long-term leases. Additionally, the type of accommodation—whether it’s a modern apartment, a villa, or a traditional townhouse—can vary rental prices considerably. The condition and age of the property further contribute; newly renovated homes typically attract higher rents. Economic factors such as local employment rates and overall economic stability in Spain also influence rental prices; a flourishing job market can lead to increased demand for housing. Lastly, the availability of rental properties affects pricing; a limited supply can elevate prices, particularly in sought-after neighborhoods like Elviria.