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3
Bedrooms
3
Bathrooms
152 m²
Surface area
€
€4112
Price per m²
Apartment
Property type
+36 photos
Analysis
Price
€699.000
Own investment (30%)
€209.700
30% down
payment of purchase price
Buyer costs (10%)
€69.900
10% of purchase price
Estimated nightly rate
€185,60
Expected occupancy rate
63%
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
-€1.304,80
Maintenance costs
-€126,67
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
-€333,33
Annual cleaning costs: €4000
(€333,33/month). Based on number of bedrooms.
Platform fees
-€533,48
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€165,50
Municipal taxes for Estepona
Tax
(19%)
-€207,63
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
€185,60
High season
€251
Mid season
€179,75
Low season
€140
Price determining factors
- Property condition: Modern renovations and high-end finishes increase market value.
- Local market trends in 2027: Growing demand for luxury coastal properties will drive prices.
- Property type: Apartments with sea views and amenities are highly desirable.
- Economic outlook in 2027: Economic stability and growth will support higher property prices.
- Demographic developments: Increased foreign investment and expatriate influx will elevate prices.
- Infrastructure plans in 2027: Improved connectivity and local amenities will boost property values.
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
3.80%
5 Year Return
19.00%
10 Year Return
38.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The apartment has been fully renovated with high-quality finishes, which can attract higher rental income and resale value.
- Local market trends in 2027: The Costa del Sol region has shown consistent growth due to its popularity among tourists and expatriates, likely continuing into 2027.
- Property type: Apartments in prime locations like Estepona tend to appreciate steadily, especially those with sea views and modern amenities.
- Economic outlook in 2027: Spain's economy is expected to recover and grow, boosting real estate demand.
- Demographic developments: Increasing expatriate population and retirees seeking luxury living will support property demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities will enhance property values.
- Historical WOZ value trends: Past trends indicate steady increases, reflecting ongoing regional development.
Possible improvements
- Adding a private balcony or terrace with outdoor furniture.
- Upgrading kitchen appliances and fixtures for modern appeal.
- Enhancing energy efficiency with solar panels or smart home systems.
- Improving outdoor communal areas or adding private outdoor space.
- Installing high-end security systems for added safety.
Risk assessment
Overall risk: Low| Criterion | Level | Score | Explanation |
|---|---|---|---|
| Location quality | Low | 10 | Prime location on New Golden Mile with sea views and proximity to amenities. |
| Tenant demand | Low | 15 | High demand from both residents and investors seeking luxury coastal properties. |
| Cash flow stability | Low | 20 | Stable rental income expected due to strong tourism and expatriate demand. |
Description
Experience the epitome of coastal living in this stunning corner apartment on the prestigious New Golden Mile in Estepona, Spain. Spanning 170 sqm, this fully renovated residence boasts abundant natural light, privacy, and seamless indoor-outdoor living. The spacious glass-enclosed terrace with sea views creates an exceptional space to enjoy the Mediterranean climate year-round, perfect for relaxing, dining, or entertaining. Designed by interior professionals, the home features three bedrooms, two bathrooms, and top-quality finishes that combine elegance with functionality. Located just minutes from pristine beaches, renowned golf courses, and the new Atlas International School, this Estepona property offers an ideal lifestyle for families or investors seeking a luxurious Costa del Sol residence. The secure complex includes landscaped gardens, a communal pool, and convenient amenities such as air conditioning, central heating, underground parking, and a lift. With excellent access to Málaga and Gibraltar airports, this Estepona apartment embodies the perfect blend of comfort, style, and location. Discover your dream home on Spain’s stunning Costa del Sol today.
Location
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