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4
Bedrooms
2
Bathrooms
123 m²
Surface area
€
€2846
Price per m²
Apartment
Property type
+7 photos
Analysis
Price
€350.000
Own investment (30%)
€105.000
30% down payment of purchase price
Buyer costs
€35.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€220,82
Expected occupancy rate
59%
Gross rental p/m
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€0000
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Mortgage costs
-€653,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€102,50
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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€594,42
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€86,88
Municipal taxes for Estepona
Tax
(19%)
-€408,63
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.
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Log inNightly Rates
Estimated nightly rate
€220,82
High season
€301
Mid season
€211,92
Low season
€157
Price determining factors
- Proximity to beaches, port, and amenities increases desirability.
- South-east orientation offers excellent natural light, boosting appeal.
- Well-established urbanization with good infrastructure.
- Potential for rental income from holidaymakers and long-term tenants.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €319 | 4 bed Villa in Nueva Andalucia - Heated Pool | 18.9 km |
| €707,60 | Luxury villa on beach. Puerto Banus walk 15 min | 16.6 km |
| €567,60 | Villa Tortuga Benamara | 11.3 km |
| €598,80 | Modern Golf Villa | Sea Views | Infinity Pool | 10.4 km |
| €462,20 | Family Beach Villa -Modern- Private pool -Estepona | 2.1 km |
| €692,80 | Golf & Seaview Villa with Heated Private Pool | 4.2 km |
| €381,20 | Beautiful villa with private pool | 11.6 km |
| €322 | Villa Sunlight near beach and Puerto Banus | 15.1 km |
| €691,60 | Nice villa with exceptional view to the sea! | 15.6 km |
| €356,60 | Villa with heated pool / Sea and Gibraltar view | 15.8 km |
Return & Value appreciation
Annual return
14.93%
5 Year Return
74.65%
10 Year Return
149.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, move-in ready, which supports steady appreciation.
- Local market trends in 2027: Expected growth due to tourism and expatriate influx on Costa del Sol.
- Property type: Popular holiday and permanent residence type, likely to appreciate with demand.
- Economic outlook in 2027: Positive, with Spain's ongoing recovery and growth in tourism and real estate sectors.
- Demographic developments: Increasing expatriate and retiree populations boosting demand.
- Infrastructure plans in 2027: Planned improvements in transport and amenities enhancing property appeal.
- Historical WOZ value trends: Consistent increase reflecting rising property values in Estepona.
Possible improvements
- Renovate bathrooms and kitchen for modern appeal.
- Upgrade fixtures and fittings to increase luxury perception.
- Add smart home features for modern convenience.
- Improve balcony with outdoor furniture or plants.
Description
Discover this charming and spacious 4-bedroom apartment in the heart of Estepona, Spain, perfect for those seeking permanent residence or a lucrative investment on the Costa del Sol. Situated in a prime location just minutes from Estepona's vibrant port, pristine beaches, shops, and schools, this bright middle-floor property offers an ideal blend of comfort and convenience. Spanning 123 square meters, the apartment features a generous living room with direct access to a cozy 7-meter terrace, perfect for enjoying sunny days and alfresco dining. The fully fitted kitchen comfortably accommodates a dining table, making it an inviting space for family gatherings. Four well-sized bedrooms include a master suite with an ensuite bathroom, complemented by a family bathroom for added convenience. The apartment has been meticulously maintained, ensuring a move-in-ready condition. Benefiting from south-east orientation, it offers excellent natural light and street views. Additional features include fitted wardrobes, proximity to transport links, and partial furniture, providing ease of living. The property is located within a well-established urbanization in Estepona, offering easy access to local amenities and the beach. With street parking available, this resale apartment combines practicality with a desirable location on the Costa del Sol. Whether you're looking for a permanent home or a holiday rental opportunity, this Estepona apartment is a fantastic choice for buyers seeking a property in Spain's sought-after coastal town.
Location
Similar properties in Estepona
Nightly rates in the area
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