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2
Bedrooms
2
Bathrooms
105 m²
Surface area
€
€4467
Price per m²
Apartment
Property type
+6 photos
Analysis
Price
€469.000
Own investment (30%)
€140.700
30% down payment of purchase price
Buyer costs
€46.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€875,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€87,50
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€398,11
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€112,16
Municipal taxes for Estepona
Tax
(19%)
-€168,94
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
€126,46
High season
€167
Mid season
€123,92
Low season
€104
Price determining factors
- High demand for holiday homes and rentals in Estepona.
- Proximity to beaches, amenities, and historic sites.
- Potential for extension and renovation due to valid building license.
- Limited supply of similar high-quality apartments in the area.
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
6.14%
5 Year Return
30.70%
10 Year Return
61.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value appreciation.
- Local market trends in 2027: Expected growth in tourism and real estate demand on Costa del Sol.
- Property type: Attractive apartment in a historic yet modernized building, appealing to both investors and holidaymakers.
- Economic outlook in 2027: Positive economic growth in Spain and the EU, boosting real estate investments.
- Demographic developments: Increasing interest from expatriates and retirees seeking coastal living.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Estepona.
- Historical WOZ value trends: Consistent increase in property values and land registry assessments over recent years.
Possible improvements
- Adding modern smart home features.
- Upgrading kitchen and bathroom fixtures for increased luxury appeal.
- Enhancing outdoor spaces, such as the roof terrace, with landscaping or outdoor furniture.
- Implementing energy-efficient upgrades to reduce utility costs.
Description
Discover this beautifully renovated top-floor apartment in the heart of Estepona's historic Old Town, Spain. This modern residence offers a spacious 95.45 sqm layout with two bedrooms and two bathrooms, including a master suite with built-in closets and a private shower. The open-concept kitchen, dining, and living areas create a welcoming space, enhanced by a large southwest-facing balcony and a spectacular roof terrace with 360-degree views of Estepona's charming city center. The property benefits from a valid building license until 2036, allowing for an additional 40 sqm extension. Located just steps from Plaza Begines and a five-minute walk from the beach, this Estepona apartment combines old-world charm with contemporary upgrades, such as new air conditioning installed in 2020. Situated in a quiet yet central neighborhood, it offers easy access to top restaurants and local amenities, making it an ideal investment or holiday home in Estepona, Spain. With a Licencia de primera ocupacion and a total land registry value of €52,613, this property presents a unique opportunity to own a piece of the vibrant Costa del Sol.
Location
Nightly rates in the area
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