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4
Bedrooms
2
Bathrooms
165 m²
Surface area
€
€4236
Price per m²
House
Property type
+11 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
€224
Expected occupancy rate
57%
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
-€137,50
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/month). Based on number of bedrooms.
Platform fees
-€582,54
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€161,04
Municipal taxes for Estepona
Tax
(19%)
-€251,32
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
€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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