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3
Bedrooms
2
Bathrooms
164 m²
Surface area
€
€3030
Price per m²
Apartment
Property type
+21 photos
Analysis
Price
€497.000
Own investment (30%)
€149.100
30% down payment of purchase price
Buyer costs
€49.700
Buyer costs: 10% of purchase price
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€927,73
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€136,67
{% trans '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
-€491,98
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€118,11
Municipal taxes for Estepona
Tax
(19%)
-€241,69
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
€163,38
High season
€221
Mid season
€159,92
Low season
€129
Price determining factors
- Proximity to beaches and urban center: High desirability.
- Amenities: Pool, terraces, underground parking add value.
- Property size and layout: Spacious with good natural light.
- Condition of the property: Well-maintained, move-in ready.
- Local development projects: Potential new commercial or recreational facilities.
Comparable accommodations
| 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
6.22%
5 Year Return
31.10%
10 Year Return
62.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent updates, enhancing appeal and value.
- Local market trends in 2027: Expected steady growth driven by tourism and expatriate demand.
- Property type: Popular holiday and family residence type, likely to appreciate.
- Economic outlook in 2027: Positive, with growth in tourism and real estate sectors.
- Demographic developments: Increasing expatriate and retiree populations boosting demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities supporting property values.
- Historical WOZ value trends: Consistent increase reflecting rising property values and urban development.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade flooring or fixtures to enhance aesthetics.
- Add smart home features for convenience.
- Improve outdoor spaces or terraces with landscaping.
- Implement energy-efficient solutions to reduce utility costs.
Description
Discover this spacious three-bedroom, two-bathroom apartment in the highly sought-after Balcones del Mar urbanization, centrally located in Estepona, Spain. Just a four-minute walk from the stunning Estepona beaches, this property offers a perfect blend of comfort, convenience, and investment potential in one of Spain's most desirable coastal towns. The apartment boasts a generous living area complemented by two terraces, including a private terrace from the master bedroom with beautiful views. The fully equipped kitchen features a substantial utility space, ideal for everyday living. Each of the three bedrooms is generously sized, with all terraces providing scenic vistas of the surrounding urban landscape. Situated on the second floor with elevator access, the property includes underground parking and access to a communal swimming pool surrounded by lush greenery—perfect for relaxing or family fun. The urbanization also features a children’s playground, making it an excellent choice for families seeking a year-round residence or holiday home in Estepona, Spain. Whether you're looking for a permanent residence or a lucrative holiday rental, this Estepona apartment combines location, amenities, and style to meet your needs. Don’t miss this unique opportunity to own a property in one of Spain’s most charming coastal destinations.
Location
Nightly rates in the area
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