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2
Bedrooms
2
Bathrooms
111 m²
Surface area
€
€4955
Price per m²
Apartment
Property type
+22 photos
Analysis
Price
€550.000
Own investment (30%)
€165.000
30% down payment of purchase price
Buyer costs
€55.000
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
-€1.026,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€92,50
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
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€129,38
Municipal taxes for Estepona
Tax
(19%)
-€136,50
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
€126,61
High season
€167
Mid season
€123,92
Low season
€103
Price determining factors
- Location in Estepona's Old Town: Prime location drives higher prices.
- Proximity to beaches and amenities: Enhances desirability and value.
- Property size and layout: Spacious and open layouts are more attractive.
- Modern features and renovations: Luxurious bathrooms and natural light add value.
- Market demand for holiday and second homes: High demand increases property prices.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| 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
3.17%
5 Year Return
15.85%
10 Year Return
31.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities enhances value.
- Local market trends in 2027: Growing demand for seaside properties in Estepona boosts appreciation.
- Property type: Apartments in historic areas are highly desirable.
- Economic outlook in 2027: Positive economic growth in Spain supports real estate appreciation.
- Demographic developments: Increasing expatriate and retiree population in Costa del Sol.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities increase attractiveness.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen appliances and finishes.
- Add smart home technology for modern convenience.
- Improve outdoor spaces or balconies with seating or greenery.
- Renovate bathrooms with contemporary fixtures.
- Enhance energy efficiency with solar panels or insulation.
Description
Experience the vibrant heart of Estepona with this stunning corner property in the historic Old Town of Spain. This charming Estepona apartment offers a perfect blend of authentic seaside ambiance and modern comfort, making it an ideal residence or holiday retreat. Located in one of Estepona's most sought-after neighborhoods, this property boasts oversized windows that flood the space with natural light and charming balconies that showcase lively street views. Inside, you'll find two spacious bedrooms and two elegant bathrooms featuring luxurious underfloor heating, ensuring comfort year-round. The open-plan layout seamlessly connects living spaces, complemented by a sleek elevator providing easy access, rare in Estepona's Old Town. Imagine stepping outside to enjoy the lively cafés, aromatic local cuisine, and the pristine beaches just moments away—perfect for sunset strolls or sun-soaked days. This Estepona property is a lock-and-leave paradise, with everything at your doorstep—markets, cultural attractions, and the Mediterranean Sea—making it an ideal year-round residence, sunny holiday home, or smart pied-à-terre. Situated in Estepona's most coveted enclave, this exceptional property captures the essence of authentic seaside living with endless natural light and vibrant surroundings. Secure your private viewing today and embrace the timeless charm of Estepona, Spain.
Location
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