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3
Bedrooms
2
Bathrooms
145 m²
Surface area
€
€3228
Price per m²
Apartment
Property type
+9 photos
Analysis
Price
€468.000
Own investment (30%)
€140.400
30% down
payment of purchase price
Buyer costs (10%)
€46.800
10% of purchase price
Estimated nightly rate
€165,57
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage interest rate (%)
Monthly mortgage = interest on the loan + linear repayment per year. Changing the term updates the annual repayment automatically.
Mortgage term (years)
Repayment (per year)
€
Total mortgage costs
-€873,60
Maintenance costs
-€120,83
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
-€483,46
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€111,95
Municipal taxes for Estepona
Tax
(19%)
-€246,99
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.
* Indicative calculation based on a linear mortgage.
Nightly Rates
Estimated nightly rate
€165,57
High season
€220
Mid season
€161,33
Low season
€130
Price determining factors
- Proximity to beaches and amenities: High desirability increases value.
- Property features: Modern renovations and amenities add value.
- Orientation and natural light: South-west orientation enhances appeal.
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
6.75%
5 Year Return
33.75%
10 Year Return
67.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent renovations, increasing appeal and value.
- Local market trends in 2027: Expected growth driven by tourism and expat demand on Costa del Sol.
- Property type: Popular holiday and investment property type, likely to appreciate.
- Economic outlook in 2027: Positive economic growth in Spain and Europe, supporting real estate appreciation.
- Demographic developments: Increasing expatriate and retiree population, boosting demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities, enhancing property value.
- Historical WOZ value trends: Consistent increase over past years, indicating rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Add smart home technology for modern appeal.
- Improve outdoor space with landscaping or a balcony upgrade.
- Renovate bathrooms for a more contemporary look.
Description
Discover this exclusive apartment for sale in Estepona, Spain, where luxurious living meets peaceful coastal surroundings on the Costa del Sol. Perfectly positioned just 5 minutes from the beach and town center, this property offers unparalleled access to the best of Estepona's vibrant lifestyle. Spanning 145 m², the spacious apartment features three bright bedrooms and two modern bathrooms, including a master suite with a walk-in wardrobe and en-suite. Each room is designed to maximize natural light and opens onto a private 20 m² terrace, ideal for outdoor dining and relaxation. The recently renovated kitchen, elegant marble flooring, and central air conditioning enhance comfort throughout the year. The luminous living room serves as the home's central hub, inviting family gatherings and entertaining. Situated within a gated community with video surveillance, residents enjoy premium amenities such as a swimming pool, landscaped gardens, and a paddle tennis court, ensuring a secure and serene environment. Additional features include a private parking space and storage room for added convenience. With a south-west orientation, this Estepona property benefits from abundant sunlight, creating a warm and inviting atmosphere. Located in a tranquil yet well-connected area close to all amenities, this apartment is an ideal choice for families, holidaymakers, or investors seeking high-quality real estate in Estepona, Spain. Embrace a lifestyle of comfort, elegance, and strategic location on the Costa del Sol.
Location
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