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2
Bedrooms
2
Bathrooms
99 m²
Surface area
€
€3384
Price per m²
Apartment
Property type
+13 photos
Analysis
Price
€335.000
Own investment (30%)
€100.500
30% down payment of purchase price
Buyer costs
€33.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€625,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€82,50
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
-€86,66
Municipal taxes for Estepona
Tax
(19%)
-€222,77
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
- Proximity to beaches, golf courses, and amenities increases desirability.
- Quality of local schools and healthcare facilities.
- Availability of rental licenses for holiday rentals.
- Local property taxes and regulations affecting profitability.
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
8.50%
5 Year Return
42.50%
10 Year Return
85.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern finishes, and recent updates can enhance value.
- Local market trends in 2027: Growing demand for holiday rentals and second homes along Costa del Sol.
- Property type: Ground-floor apartments with large terraces are highly desirable.
- Economic outlook in 2027: Positive economic growth in Spain and increased foreign investment.
- Demographic developments: Increasing number of retirees and expatriates seeking coastal living.
- Infrastructure plans in 2027: Improvements in transportation, amenities, and tourism infrastructure.
- Historical WOZ value trends: Consistent appreciation in property values in Estepona and surrounding areas.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade flooring and fixtures to premium materials.
- Enhance outdoor spaces with landscaping and outdoor furniture.
- Install energy-efficient systems to reduce utility costs.
- Add smart home features for convenience and security.
Description
Discover this stunning ground-floor apartment in Estepona, Spain, offering a perfect blend of luxury and comfort in one of the most sought-after areas along the Costa del Sol. Spanning 99 sqm of modern living space, this property features a spacious private terrace of 209 sqm, providing a villa-like ambiance with the convenience of apartment living. Nestled within a meticulously maintained complex, residents enjoy access to a sparkling swimming pool, lush gardens, and a charming barbecue area ideal for social gatherings. The bright living room seamlessly connects to the expansive terrace, perfect for outdoor entertaining. The apartment includes two generous bedrooms, both with direct access to the terrace, and two stylish bathrooms, including an en-suite in the master suite. A private garage and storage room add to the property's practicality. Located in a tranquil, nature-rich setting, the property is close to golf courses, fine dining options, and supermarkets, with the new beach promenade just a 20-minute walk away for easy access to the sandy shores of Estepona. Sports enthusiasts will appreciate the on-site padel court, and upcoming tennis and padel courts with a restaurant are within a 10-minute walk. Whether seeking a permanent residence or a lucrative holiday rental in Estepona, Spain, this apartment offers an exceptional opportunity to enjoy the best of Costa del Sol living.
Location
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