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3
Bedrooms
2
Bathrooms
135 m²
Surface area
€
€3037
Price per m²
Apartment
Property type
+8 photos
Analysis
Price
€410.000
Own investment (30%)
€123.000
30% down payment of purchase price
Buyer costs
€41.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€164,03
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€765,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€112,50
{% 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
-€493,94
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€99,62
Municipal taxes for Costalita
Tax
(19%)
-€282,75
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
€164,03
High season
€220
Mid season
€160,58
Low season
€130
Price determining factors
- Proximity to beaches and amenities: Enhances desirability and value.
- Renovation quality: High-standard renovations can command premium prices.
- Market demand for holiday and investment properties: Strong in Costalita and surrounding areas.
- Economic factors: Eurozone economic stability, interest rates, and inflation levels influence property prices.
- Local developments: New infrastructure projects, commercial developments, or tourism initiatives can boost property values.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
11.76%
5 Year Return
58.80%
10 Year Return
117.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The apartment has been renovated to a high standard, which can positively influence appreciation.
- Local market trends in 2027: The Costa del Sol region is expected to continue attracting both tourists and residents, supporting property value growth.
- Property type: As a desirable ground-floor apartment with amenities, it appeals to both investors and residents.
- Economic outlook in 2027: Spain's economy is projected to stabilize and grow, which can support real estate appreciation.
- Demographic developments: Increasing expatriate and retiree populations in Costa del Sol can drive demand.
- Infrastructure plans in 2027: Ongoing improvements in transport and local amenities are likely to enhance property values.
- Historical WOZ value trends: Past trends show steady appreciation in the region, indicating potential for future growth.
Possible improvements
- Adding a private outdoor space or enhancing existing terrace.
- Upgrading kitchen appliances and fixtures.
- Improving energy efficiency with solar panels or better insulation.
- Modernizing bathrooms or adding smart home features.
- Enhancing landscaping or outdoor furniture for better appeal.
Description
Discover this stunning three-bedroom ground floor apartment in the prestigious Costalita area along the New Golden Mile in Spain. Perfectly situated just a short walk from pristine sandy beaches, this property offers unparalleled access to coastal living in Costalita. Surrounded by an array of amenities including supermarkets, diverse restaurants, and renowned golf courses such as Villa Padierna Hotel with its exclusive tennis and golf facilities, this apartment embodies luxury and convenience. Renovated to a high standard, the spacious open-plan living and dining area seamlessly connect to a private terrace overlooking beautifully landscaped gardens and a communal swimming pool, ideal for relaxation and entertaining. The contemporary fully fitted kitchen features premium appliances, while the three generous bedrooms include two modern bathrooms—one en-suite—and ample fitted wardrobes. Additional features include a utility room, street parking, and full air conditioning. Located within a 15-minute drive to Estepona town centre and near Puerto Banus, this Costalita property offers a perfect blend of tranquility and accessibility. Whether seeking a vacation home or a lucrative investment, this apartment in Costalita, Spain, represents exceptional value in a sought-after coastal destination.
Location
Nightly rates in the area
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