Everything you need to know
before investing.
Answers to the most common questions about yield, VAT, financing, taxation and personal use. If your question is not here, get in touch and we will reply personally.
What yield does Elysium actually deliver?+
The developer guarantees a 7.2% annual yield for five years on the purchase price. It is paid annually starting from the day the aparthotel opens. The guarantee is backed by a bank bond: volatility during the first seasons sits with the developer and operator, not with the investor.
How does VAT work on the purchase?+
Because this is an aparthotel (hospitality economic activity), the transaction is subject to 21% VAT. At Elysium, the developer applies the reverse charge mechanism (sujeto pasivo), which means the buyer does not actually advance the VAT: it is self-assessed and simultaneously deducted in the same tax return. In practice, you do not tie up capital in VAT.
Can I finance the purchase with a bank?+
Yes. Two Spanish banks are already prepared to evaluate and finance Elysium apartment acquisitions. The exact terms (loan-to-value, tenor, interest rate) depend on each buyer's profile and residency status. We guide you through the entire structuring process.
Can I use the apartment personally?+
Yes, and with real flexibility. Elysium treats the owner as an adult, not as a timeshare holder: no rigid usage quotas. The owner chooses when to come, with the same conditions as a hotel guest (access to reception, spa, gym, pools and premium services), and the operator structures the rental pool and guarantees around that reality. The rest of the year, the apartment is part of the hotel operation managed by the single operator.
Who manages rental and guests?+
The entire operation is run by Casas y Palacios de España, a regional hotel group specialised in boutique hotels across Andalusia. A single operator manages all 56 apartments, ensuring a consistent, professional service standard backed by a real hotel brand reputation. This is not a residential block with scattered rentals.
How are returns taxed?+
The guaranteed annual income is taxed as economic-activity or real-estate-capital income depending on the owner's legal structure (Spanish resident individual, non-resident, or corporate). Spanish residents typically integrate it into personal income tax (IRPF); non-residents fall under IRNR or the tax regime of their country of residence. We always recommend personalised tax planning and introduce you to specialised tax advisors with experience in Costa del Sol real estate investment.
What happens after the 5-year guaranteed period?+
After the bank-guaranteed period ends, the owner participates in the actual hotel operation results under the agreement with the operator. The projection, once the aparthotel is in stabilised occupancy, is for real yield to match or exceed the initial 7.2%, reflecting the premium positioning of the asset and the sustained demand of the Marbella-Benahavís-Estepona Golden Triangle.
Can I sell the apartment at any time?+
Yes. The owner keeps full title and can transfer the apartment at any time. The new owner takes over the operation contract on the existing terms. This flexibility allows for clear exit strategies, particularly valued by institutional investors and family offices.
When is delivery expected?+
Elysium is scheduled to be delivered roughly one year earlier than some of the main competing concepts in the area, which accelerates the start of the 7.2% guaranteed income and gives the hotel a head start in the market. The detailed timeline for licences, construction and delivery is provided in the confidential commercial dossier we send after the first contact. It includes construction milestones, certifications and target opening date. Request the dossier via the contact form.
Are community fees, insurance and maintenance on me?+
No. As part of the hotel operation, the apartment's operational costs (cleaning, maintenance, utilities, hotel-regime insurance, amenity replenishment, management) are fully integrated in the operator's model. The owner receives income net of these operating costs. Ownership-level costs (IBI property tax, residents' association, resort common-area charges) are detailed in the dossier.