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2
Bedrooms
1
Bathrooms
102 m²
Surface area
€
€5490
Price per m²
Apartment
Property type
+14 photos
Analysis
Price
€560.000
Own investment (30%)
€168.000
30% down payment of purchase price
Buyer costs
€56.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€109,48
Expected occupancy rate
70%
Gross rental p/m
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€0000
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Mortgage costs
-€1.045,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€85
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
-€349,65
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€131,50
Municipal taxes for Estepona
Tax
(19%)
-€81,29
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
€109,48
High season
€140
Mid season
€107,58
Low season
€90
Price determining factors
- Proximity to the beach and amenities increases desirability.
- Potential for renovation to increase property value.
- High demand in Estepona's historic Old Town.
- Limited supply of similar frontline beach apartments.
Comparable accommodations
| 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
1.86%
5 Year Return
9.30%
10 Year Return
18.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Renovations can significantly increase value and rental income.
- Local market trends in 2027: Continued demand for coastal properties in Estepona due to tourism and lifestyle appeal.
- Property type: Apartments in prime locations tend to appreciate steadily, especially frontline beach properties.
- Economic outlook in 2027: Spain's economy is expected to grow moderately, supporting real estate investments.
- Demographic developments: Increasing number of retirees and expatriates seeking coastal living.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities will enhance property value.
- Historical WOZ value trends: Consistent growth in property valuation and local taxes indicate rising property values.
Possible improvements
- Renovate the interior to modern standards and improve energy efficiency.
- Enhance outdoor spaces or add a balcony if structurally feasible.
- Upgrade kitchen and bathroom fixtures.
- Improve storage solutions and lighting.
Description
Discover this charming two-bedroom, one-bathroom apartment in the heart of Estepona's historic Old Town, perfectly positioned on the frontline beach. This exceptional property offers a rare opportunity to own a home in one of Spain's most desirable coastal destinations. Boasting classic Spanish architecture and a versatile layout, the apartment is move-in ready but also ripe for renovation to maximize its true potential. Spacious bedrooms, a comfortable living area, and a generous kitchen distinguish it from typical properties in Estepona's vintage center, where space is often limited. Outside, immerse yourself in the vibrant ambiance of Estepona's Old Town, renowned for its flower-lined streets, lively plazas, boutique shops, and a fantastic selection of cafés, tapas bars, and restaurants within walking distance. From an investment perspective, this property’s prime location near the beach and amenities ensures high demand, making it an attractive choice for lifestyle buyers and investors alike. With strategic refurbishment, this Estepona apartment can deliver excellent rental income and capital appreciation, standing out in one of Spain’s most sought-after coastal neighborhoods. Whether as a holiday retreat, permanent residence, or investment, this frontline beach property in Estepona, Spain, offers a unique opportunity to enjoy the authentic Andalusian lifestyle and the vibrant coastal charm of Estepona.
Location
Similar properties in Estepona
Nightly rates in the area
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