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1
Bedrooms
1
Bathrooms
52 m²
Surface area
€
€9255
Price per m²
Apartment
Property type
+21 photos
Analysis
Price
€509.000
Own investment (30%)
€152.700
30% down payment of purchase price
Buyer costs
€50.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€85,98
Expected occupancy rate
70%
Gross rental p/m
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€0000
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Mortgage costs
-€950,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€43,33
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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€274,60
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€112,16
Municipal taxes for Estepona
Tax
(19%)
-€30,17
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
€85,98
High season
€109
Mid season
€84,58
Low season
€72
Price determining factors
- Prime location in Estepona's New Golden Mile.
- Luxury amenities and modern design.
- Proximity to beaches, golf courses, and town centers.
- High-quality finishes and private terraces.
- Community facilities like pools, gyms, and landscaped gardens.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €108,60 | Casares, attached cottage, pool, gardens, views | 14.1 km |
| €149 | Enchanting tower in Gaucín with lovely pool | 18.4 km |
| €62,80 | "La Parra", rural tourism. Your home in paradise. | 21.3 km |
| €55 | Casa El Olivo Benalauría by CasaTuristica. | 21.3 km |
| €62,80 | Hamamas, a home in the heart of the Genal. | 22.7 km |
| €108,80 | An ideal country house for couples to get away. | 22.7 km |
| €141,60 | Cottage in beautiful area with use of pool | 1.8 km |
| €102,80 | Cabins among chestnut trees: Mirlo Blanco | 17.7 km |
| €87,20 | Governor's House | 15.8 km |
| €84 | Old Town 𖤓 Walk to Beach 𖤓 Roof Terrace 𖤓 | 0.2 km |
Return & Value appreciation
Annual return
0.76%
5 Year Return
3.80%
10 Year Return
7.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern finishes enhances value.
- Local market trends in 2027: Expected growth due to tourism and expatriate demand.
- Property type: Apartments in luxury developments tend to appreciate steadily.
- Economic outlook in 2027: Positive, driven by tourism and real estate investments.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Improvements in transportation, amenities, and connectivity.
- Historical WOZ value trends: Consistent increase reflecting rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Enhance outdoor living spaces or terraces.
- Implement smart home technology.
- Improve energy efficiency with solar panels or better insulation.
- Renovate bathrooms for modern aesthetics.
Description
Discover an exceptional opportunity to own a modern apartment or penthouse in Estepona, Spain, with prices ranging from €469,000 to €1,039,000. Located in the prestigious New Golden Mile, this contemporary development offers luxurious living just minutes from the stunning beaches of Estepona on the Costa del Sol. Designed with sleek Mediterranean architecture and premium finishes, these spacious 1 to 3-bedroom apartments feature open-plan layouts, large private terraces, and abundant natural light, perfect for enjoying the year-round sunshine of Estepona, Spain. Residents benefit from high-end amenities including fully fitted designer kitchens, large-format porcelain flooring, air conditioning, underground parking, and energy-efficient construction. The community boasts beautifully landscaped gardens, a large communal swimming pool, a fully equipped gym, spa, hammam, indoor pool, and social areas, all within a secure gated environment. Its prime location provides easy access to world-class golf courses, beach clubs, international schools, and vibrant town centers of Marbella and Estepona. Whether seeking a permanent residence or a holiday retreat on the Costa del Sol, this Estepona property offers privacy, tranquility, and an exclusive lifestyle. Don't miss the chance to invest in Estepona’s growing real estate market, where luxury, comfort, and location converge in this sought-after Spanish destination.
Location
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Nightly rates in the area
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