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1
Bedrooms
1
Bathrooms
43 m²
Surface area
€
€7442
Price per m²
Apartment
Property type
+20 photos
Analysis
Price
€320.000
Own investment (30%)
€96.000
30% down payment of purchase price
Buyer costs
€32.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€85,41
Expected occupancy rate
70%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€597,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€35,83
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
-€272,78
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€80,50
Municipal taxes for Estepona
Tax
(19%)
-€102,68
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.
Nightly Rates
Estimated nightly rate
€85,41
High season
€109
Mid season
€84
Low season
€70
Price determining factors
- Proximity to beaches, shops, and amenities.
- Quality of complex amenities like pools and playgrounds.
- Property size and layout.
- Views and natural light.
- Potential for rental income.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €108,60 | Casares, attached cottage, pool, gardens, views | 14.1 km |
| €149 | Enchanting tower in Gaucín with lovely pool | 18.4 km |
| €62,80 | "La Parra", rural tourism. Your home in paradise. | 21.3 km |
| €55 | Casa El Olivo Benalauría by CasaTuristica. | 21.3 km |
| €62,80 | Hamamas, a home in the heart of the Genal. | 22.7 km |
| €108,80 | An ideal country house for couples to get away. | 22.7 km |
| €141,60 | Cottage in beautiful area with use of pool | 1.8 km |
| €102,80 | Cabins among chestnut trees: Mirlo Blanco | 17.7 km |
| €87,20 | Governor's House | 15.8 km |
| €84 | Old Town 𖤓 Walk to Beach 𖤓 Roof Terrace 𖤓 | 0.2 km |
Return & Value appreciation
Annual return
4.10%
5 Year Return
20.50%
10 Year Return
41.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment enhances value.
- Local market trends in 2027: Expected growth due to tourism and expatriate influx.
- Property type: Apartments in coastal areas tend to appreciate with demand.
- Economic outlook in 2027: Positive, driven by tourism, real estate, and regional development.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Improvements in transport, amenities, and connectivity support appreciation.
- Historical WOZ value trends: Consistent increase indicating rising property values.
Possible improvements
- Renovate kitchen and bathroom for modern appeal.
- Add smart home features.
- Enhance outdoor space with landscaping or furniture.
- Upgrade fixtures and appliances.
- Improve energy efficiency.
Description
Discover this modern one-bedroom apartment in the newly developed Atica residential complex, ideally situated in Estepona, Spain. Spanning 43 square meters with a 12 square meter terrace, this bright and spacious property offers contemporary living in a vibrant coastal setting. Located on the raised ground floor, the apartment features open views and abundant natural light, creating a welcoming atmosphere. The apartment comes with a dedicated parking space and a storage room, providing added convenience for residents. The Atica complex boasts excellent amenities, including a swimming pool and a children's playground, making it perfect for families or investors seeking a rental property. Its prime location in Estepona, within walking distance to shops, schools, the town theater, and the beach, enhances its appeal for year-round living or holiday rentals. Whether you're looking for a stylish home or a profitable investment in Estepona, Spain, this property offers exceptional value. Schedule a viewing today with keys available for access and experience the best of Costa del Sol living.
Location
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