You can view 2 more properties. Log in for unlimited access.
3
Bedrooms
1
Bathrooms
113 m²
Surface area
€
€6186
Price per m²
Apartment
Property type
+21 photos
Analysis
Price
€699.000
Own investment (30%)
€209.700
30% down payment of purchase price
Buyer costs
€69.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€123,06
Expected occupancy rate
65%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€1.304,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€94,17
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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€364,95
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€161,04
Municipal taxes for Estepona
Tax
(19%)
-€33,19
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
€123,06
High season
€155
Mid season
€120,92
Low season
€92
Price determining factors
- Proximity to the beach and amenities: High desirability increases property value.
- Renovation quality: Modern, well-maintained interiors attract higher prices.
- Property size and layout: Spacious 113m² with a functional layout.
- Market demand for rental properties: High demand for short-term rentals boosts value.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €185 | Entire House with Terrace in Marbella | 21.4 km |
| €382,40 | Three bed house with pool 50 metres from the beach | 16.5 km |
| €175 | Chic 3BR Townhouse on the Beach + Pool + Parking | 10.5 km |
| €281,20 | Ocean Front Villa w/Private Pool | 10.5 km |
| €421 | Calm Villa · Private Infinity Pool | 7.9 km |
| €159,80 | Lucia's home, beach and mountains. | 11.3 km |
| €294,40 | Villa with pool near the beach for families | 3.8 km |
| €195,20 | Justine's Houses - Casa Carmen | 18.0 km |
| €125,60 | Beautiful house with a private pool. | 18.5 km |
| €147,20 | Casa Azul | 18.6 km |
Return & Value appreciation
Annual return
0.61%
5 Year Return
3.05%
10 Year Return
6.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Modern upgrades and renovation enhance value and appeal.
- Local market trends in 2027: Growing demand for coastal properties in Estepona and Costa del Sol.
- Property type: Beachfront apartments are highly desirable and tend to appreciate faster.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone supports property appreciation.
- Demographic developments: Increasing number of retirees and expatriates seeking seaside homes.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and tourism infrastructure.
- Historical WOZ value trends: Consistent increase in property values and local taxes over recent years.
Possible improvements
- Adding a balcony or terrace for outdoor space.
- Upgrading bathrooms and kitchen for modern appeal.
- Enhancing sea views with window treatments or balcony extensions.
- Installing smart home technology for added convenience.
- Improving energy efficiency with solar panels or insulation.
Description
Discover an exceptional investment opportunity with this charming beachfront apartment in Estepona, Spain. Perfectly positioned on the promenade, this renovated 3-bedroom, 1.5-bathroom middle-floor residence offers stunning sea views and direct access to the sandy beaches of Estepona, making it an ideal seaside retreat or rental property. Situated just a short walk from the historic old town of Estepona, this property provides convenient access to local amenities, charming cafes, and vibrant nightlife. The apartment includes a secure underground parking space, ensuring ease of access and added convenience, with short-term rentals permitted to maximize rental income. Priced attractively, this Estepona property is a fantastic opportunity for investors or those seeking a coastal home in Spain. The property features modern upgrades, a spacious layout, and is available for easy viewings. Whether you're looking for a holiday home, a rental investment, or a permanent residence on the Costa del Sol, this beachfront apartment in Estepona offers unbeatable value and location. Don't miss the chance to own a piece of Spain’s beautiful coastline—schedule your viewing today and experience the charm of Estepona firsthand.
Location
Similar properties in Estepona
Interested in this property?
Register your interest and we'll connect you directly with the seller. No obligations.
Sign up and register interestNightly rates in the area
Questions? Chat with us!