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2
Bedrooms
2
Bathrooms
116 m²
Surface area
€
€3362
Price per m²
Apartment
Property type
+21 photos
Analysis
Price
€390.000
Own investment (30%)
€117.000
30% down payment of purchase price
Buyer costs
€39.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€728
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€96,67
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
-€398,11
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€95,38
Municipal taxes for Estepona
Tax
(19%)
-€198,41
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
€126,46
High season
€167
Mid season
€123,92
Low season
€104
Price determining factors
- Proximity to beaches, amenities, and tourist attractions increases desirability.
- Limited supply of high-quality apartments in prime locations.
- Potential for rental income, which can drive property value.
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
6.51%
5 Year Return
32.55%
10 Year Return
65.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, which supports steady appreciation.
- Local market trends in 2027: Expected growth due to increasing demand for coastal properties in Costa del Sol.
- Property type: Apartments in a desirable location tend to appreciate steadily, especially with sea views.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, boosting real estate investments.
- Demographic developments: Growing expatriate and retiree populations seeking coastal living.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities enhance property appeal.
- Historical WOZ value trends: Consistent increase in property values in Estepona and surrounding areas.
Possible improvements
- Upgrade kitchen appliances and fixtures to modern standards.
- Enhance outdoor space with landscaping or additional seating.
- Install smart home technology for added convenience.
- Repaint and refresh interior decor to appeal to modern tastes.
Description
Discover this exquisite 2-bedroom, 2-bathroom apartment in Estepona, Spain, nestled within a secure gated community that offers unparalleled comfort and convenience. This modern coastal residence features a spacious open-plan living area that seamlessly connects to a large solarium with stunning sea views, perfect for relaxing or entertaining. Step onto the south-east facing terrace accessible from both the master bedroom and living room, and enjoy beautiful sunrise or sunset moments with a view of the Mediterranean.
The master bedroom includes an en-suite bathroom for added privacy, while the second bedroom is conveniently situated near the family bathroom. A fully equipped separate kitchen caters to culinary enthusiasts, complemented by a practical open utility area that can be closed off for privacy. Designed for modern lifestyles, the apartment boasts fitted wardrobes and air conditioning throughout, ensuring comfort year-round.
Residents benefit from lush gardens, a communal swimming pool, and 24-hour security, providing peace of mind. An underground parking space is included, adding to the property's appeal. Located just minutes from Puerto Banús and Estepona’s charming town center, this property is ideally positioned near shops, restaurants, bars, and the beach, perfect for those seeking a vibrant coastal lifestyle in Spain.
This Estepona apartment is a prime opportunity for investors or buyers looking for luxury real estate in Spain’s Costa del Sol. Experience the best of seaside living with this exceptional property—schedule your viewing today!
Location
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Nightly rates in the area
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