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House in Estepona, 4 bedrooms, 165 m² €699.000

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4
Bedrooms
2
Bathrooms
165 m²
Surface area
€4236
Price per m²
House
Property type
House in Estepona, 4 bedrooms, 165 m² - Hoofdafbeelding
House in Estepona, 4 bedrooms, 165 m² - Afbeelding 1
House in Estepona, 4 bedrooms, 165 m² - Afbeelding 2
House in Estepona, 4 bedrooms, 165 m² - Afbeelding 3
+11 photos

Analysis

View Report
Price
€699.000
Own investment (30%)
€209.700
Buyer costs (10%)
€69.900
Estimated nightly rate
€224
Expected occupancy rate
57%
Gross rental p/m
€0000
Mortgage interest rate (%)
Mortgage term (years)
Repayment (per year)
Total mortgage costs -€1.304,80
Maintenance costs
-€137,50
Cleaning costs
-€375
Platform fees
-€582,54
Municipal taxes
-€161,04
Tax (19%)
-€251,32
Earned back in

* Indicative calculation based on a linear mortgage.

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Nightly Rates

Estimated nightly rate
€224
High season
€288
Mid season
€216
Low season
€155

Price determining factors

  • Location in Estepona's sought-after area.
  • Proximity to beaches, Old Town, and amenities.
  • Potential for expansion and conversion into a boutique hotel.
  • Sustainable features and modern design appeal.

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

4.60%

5 Year Return

23.00%

10 Year Return

46.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Modern, sustainable design with high-quality finishes enhances value.
  • Local market trends in 2027: Growing demand for coastal properties in Estepona and Costa del Sol.
  • Property type: Versatile development potential, including conversion to a boutique hotel.
  • Economic outlook in 2027: Positive, driven by tourism and real estate investment in Spain.
  • Demographic developments: Increasing influx of lifestyle buyers and retirees.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and urban development.
  • Historical WOZ value trends: Steady increase reflecting rising property values and demand.

Possible improvements

  • Enhance outdoor spaces with landscaped gardens and terraces.
  • Upgrade interior finishes for higher-end market appeal.
  • Add smart home technology for modern living.
  • Improve energy efficiency features beyond current plans.
  • Create additional amenities such as a gym or spa area.

Risk assessment

Overall risk: Low
Criterion Level Score Explanation
Location quality Low 20 Located in a highly sought-after area with excellent views and amenities.
Tenant demand Low 25 High demand for rental and resale in Estepona, especially for luxury developments.
Cash flow stability Medium 50 Potential rental income is stable but depends on market conditions and management.

Description

Discover a unique investment opportunity in Estepona, Spain, with this property featuring an approved project and full building license ready for immediate construction. Located in one of Estepona's most sought-after areas, this turnkey development offers a clear path to realizing your dream property or lucrative investment. The current plans outline a stunning four-bedroom residence spread across three floors plus a tower, complete with a rooftop swimming pool and solarium terrace boasting panoramic views of Estepona's historic Old Town. Designed with modern sustainability in mind, the project includes solar panels, an aerothermal system, underfloor heating, and integrated LED lighting, ensuring efficient and contemporary living. Notably, there is confirmed potential from Estepona Town Hall to expand the buildable area to approximately 260m², allowing conversion into a boutique hotel with up to 10 bedrooms—ideal for investors seeking high rental yields in this high-demand coastal town. All relevant documentation, including architectural plans, the Obra Mayor license, and official confirmation of maximum build size, are available for review. Estepona, renowned for its charming whitewashed streets, vibrant flower displays, golden beaches, and authentic Andalusian atmosphere, continues to attract lifestyle buyers and investors alike. This property in Estepona, Spain, presents a rare chance to capitalize on the growing demand for quality coastal developments in one of Costa del Sol’s most attractive locations.

Location

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