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2
Bedrooms
2
Bathrooms
106 m²
Surface area
€
€4670
Price per m²
Apartment
Property type
+22 photos
Analysis
Price
€495.000
Own investment (30%)
€148.500
30% down payment of purchase price
Buyer costs
€49.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€924
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€88,33
{% trans '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
-€398,58
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€117,69
Municipal taxes for Estepona
Tax
(19%)
-€159,02
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.
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Log inNightly Rates
Estimated nightly rate
€126,61
High season
€167
Mid season
€123,92
Low season
€103
Price determining factors
- Proximity to beaches, golf courses, and amenities increases desirability.
- High-quality renovations and modern features enhance value.
- Community amenities like pools, gyms, and security add appeal.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €118 | Villacana Villa-holiday by the beach | 9.0 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 11.2 km |
| €125,60 | Modern Townhouse, roof terrace in Estepona OldTown | 0.4 km |
| €139 | Casa Relajante - big summer garden | 1.4 km |
| €286,80 | Beachfront BohoChic II Pool+DirectBeach+Parking | 3.2 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 17.7 km |
| €108,40 | Marbella Townhouse near Top Golf Courses | 18.9 km |
| €161,60 | Luxury Oasis at Alcazaba Lagoon | 7.1 km |
| €298,60 | Superb Townhouse in Golden Mile | 21.0 km |
| €124,71 | Casa Strandblick (Sea view villa) | 7.9 km |
Return & Value appreciation
Annual return
4.11%
5 Year Return
20.55%
10 Year Return
41.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports higher appreciation.
- Local market trends in 2027: Expected growth in Costa del Sol's real estate due to tourism and expatriate influx.
- Property type: Ground-floor apartment with a large private terrace, appealing to buyers seeking outdoor space.
- Economic outlook in 2027: Positive, with steady growth in Spain's economy and tourism sector.
- Demographic developments: Increasing expatriate and retiree populations seeking properties in Estepona.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities in Estepona.
- Historical WOZ value trends: Consistent increase reflecting rising property values in the region.
Possible improvements
- Adding a modern smart home system for enhanced convenience.
- Upgrading kitchen appliances or fixtures for increased luxury appeal.
- Enhancing outdoor space with landscaping or additional features.
- Installing energy-efficient systems to reduce utility costs.
Description
Discover this beautifully renovated ground-floor apartment in the prestigious Las Joyas urbanisation, located in Estepona, Spain. Perfectly positioned just five minutes from the charming towns of Estepona and San Pedro, this property offers an exceptional blend of comfort, style, and convenience, making it an ideal choice for those seeking a tranquil lifestyle with easy access to all amenities. Spanning 106.9 m², including two spacious bedrooms and two modern bathrooms—one en suite—this apartment features a bright living room that opens onto a expansive 120 m² private terrace with panoramic views of the countryside, mountains, and lush communal gardens. The fully renovated kitchen, equipped with high-end appliances and a utility room, complements the contemporary interior, highlighted by porcelain floors, high-quality woodwork, and modern bathrooms. Designed for accessibility, the property is in excellent condition and features air conditioning, a fireplace, built-in wardrobes, and a guest toilet. Situated within a gated community with security cameras, video intercom, and surveillance, residents enjoy amenities like a communal swimming pool, gardens, outdoor gym, paddle tennis court, and elevator. The apartment includes a private parking space and is pet-friendly. Its strategic location near beaches, golf courses, schools, restaurants, and leisure facilities ensures a vibrant and relaxed lifestyle in Estepona, Spain. Embrace the opportunity to own this exceptional Estepona property—contact us today to arrange a viewing and experience the best of Costa del Sol living.
Location
Nightly rates in the area
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