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3
Bedrooms
1
Bathrooms
96 m²
Surface area
€
€3906
Price per m²
Apartment
Property type
+18 photos
Analysis
Price
€375.000
Own investment (30%)
€112.500
30% down
payment of purchase price
Buyer costs (10%)
€37.500
10% of purchase price
Estimated nightly rate
€122,80
Expected occupancy rate
65%
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
-€700
Maintenance costs
-€80
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
-€364,18
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€95,38
Municipal taxes for Estepona
Tax
(19%)
-€162,44
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
€122,80
High season
€154
Mid season
€121
Low season
€96
Price determining factors
- Economic outlook in 2027: Positive economic growth in Spain and tourism boost property values.
- Demographic developments: Increasing population and urbanization in Estepona drive demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising 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
5.54%
5 Year Return
27.70%
10 Year Return
55.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern interiors increase attractiveness and value.
- Local market trends in 2027: Growing demand for coastal properties in Estepona supports appreciation.
- Property type: Apartments in high-demand areas tend to appreciate steadily.
Possible improvements
- Renovate kitchen and bathroom for modern appeal.
- Add outdoor space or balcony if possible.
- Upgrade windows and insulation for better energy efficiency.
- Enhance building amenities or common areas.
Description
Discover this charming ground-floor apartment in the vibrant Calvario district of Estepona, Spain, offering an ideal blend of comfort and urban convenience. Spanning 96 m², this modern residence features three bright bedrooms and a contemporary bathroom, with all windows facing the lively street to ensure abundant natural light and a lively connection to Estepona's bustling city center. Located in a well-maintained building equipped with an elevator and adapted for reduced mobility, this property guarantees effortless accessibility. The spacious living room creates a warm atmosphere, complemented by a fully equipped, independent kitchen perfect for modern living. Climate control is seamless with air conditioning throughout, ensuring comfort year-round. Situated in the heart of Estepona, the apartment provides easy access to supermarkets, restaurants, public transportation, and essential services, with the beautiful beaches just a ten-minute walk away. Whether you're seeking a low-maintenance home or a smart investment in Estepona's high-demand real estate market, this turnkey property is ready for immediate move-in. Embrace the coastal lifestyle of Estepona, Spain, by scheduling a viewing today and making this attractive apartment your new home.
Location
Similar properties in Estepona
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