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2
Bedrooms
2
Bathrooms
100 m²
Surface area
€
€3999
Price per m²
Apartment
Property type
+29 photos
Analysis
Price
€399.900
Own investment (30%)
€119.970
30% down payment of purchase price
Buyer costs
€39.990
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€746,48
This is the monthly interest you pay for the mortgage
(3.2% interest)
Maintenance costs
-€83,33
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
-€398,58
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€97,48
Municipal taxes for Estepona
Tax
(19%)
-€197,54
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.
Nightly Rates
Estimated nightly rate
€126,61
High season
€167
Mid season
€123,92
Low season
€103
Price determining factors
- Proximity to beaches, amenities, and transport links.
- Quality of local schools and healthcare facilities.
- Development of new commercial and recreational facilities.
- Changes in local property taxes and regulations.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €118 | Villacana Villa-holiday by the beach | 9.0 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 11.2 km |
| €125,60 | Modern Townhouse, roof terrace in Estepona OldTown | 0.4 km |
| €139 | Casa Relajante - big summer garden | 1.4 km |
| €286,80 | Beachfront BohoChic II Pool+DirectBeach+Parking | 3.2 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 17.7 km |
| €108,40 | Marbella Townhouse near Top Golf Courses | 18.9 km |
| €161,60 | Luxury Oasis at Alcazaba Lagoon | 7.1 km |
| €298,60 | Superb Townhouse in Golden Mile | 21.0 km |
| €124,71 | Casa Strandblick (Sea view villa) | 7.9 km |
Return & Value appreciation
Annual return
6.32%
5 Year Return
31.60%
10 Year Return
63.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities enhances rental and resale value.
- Local market trends in 2027: Expected growth in Costa del Sol's property market due to tourism and foreign investment.
- Property type: Ground-floor apartment with private garden and pool appeal to families and holidaymakers.
- Economic outlook in 2027: Positive economic growth in Spain and Europe supports property investment.
- Demographic developments: Increasing expatriate and retiree populations seeking properties in Costa del Sol.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities boost property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Enhance outdoor space with landscaping or additional features.
- Upgrade appliances and fixtures to increase desirability.
- Improve accessibility features for reduced mobility.
Description
Discover this exceptional ground-floor apartment in Estepona, Spain, offering the perfect blend of comfort, convenience, and investment potential. This beautifully maintained property features two spacious bedrooms with built-in wardrobes and two full bathrooms, ideal for family living or holiday rentals. The modern, fully equipped kitchen and laundry room add to the home's functionality. Step outside onto a large private covered terrace and enjoy your own 70m² garden with a mini pool and barbecue area, perfect for outdoor entertaining. The apartment boasts a private garden with direct access to the community pool, creating a private oasis within a gated complex that includes lush tropical gardens, swimming pools, paddle tennis courts, and excellent security with gated access and an entry phone system. Designed for accessibility, it offers easy access for those with reduced mobility. Additional amenities include a large underground garage and storage room accessible via elevator. Located just 5 minutes from Estepona’s beautiful beaches and coastal path, this property is close to local grocery stores, restaurants, cafes, and public transport, making it ideal for both permanent residence and holiday rentals. With a valid vacation rental license, this Estepona property presents a lucrative investment opportunity with high rental profitability. Whether seeking a luxurious holiday home or a smart investment in Costa del Sol real estate, this property combines location, amenities, and potential seamlessly.
Location
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