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2
Bedrooms
2
Bathrooms
110 m²
Surface area
€
€4318
Price per m²
Apartment
Property type
+22 photos
Analysis
Price
€475.000
Own investment (30%)
€142.500
30% down payment of purchase price
Buyer costs
€47.500
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
-€886,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€91,67
{% 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
-€113,44
Municipal taxes for Estepona
Tax
(19%)
-€165,78
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
- Proximity to beaches, golf courses, and amenities increases desirability.
- Touristic rental license enhances income potential.
- Modern design and fully furnished status attract buyers.
- Outdoor living spaces add value and appeal.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
5.95%
5 Year Return
29.75%
10 Year Return
59.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, new construction enhances value stability.
- Local market trends in 2027: Growing demand for holiday rentals and second homes on Costa del Sol.
- Property type: Attractive ground-floor apartment with outdoor space, appealing to both residents and investors.
- Economic outlook in 2027: Positive, with tourism and real estate sectors expected to grow.
- Demographic developments: Increasing expatriate and retiree populations seeking Mediterranean lifestyle.
- Infrastructure plans in 2027: Ongoing improvements in transport, healthcare, and amenities boosting property appeal.
- Historical WOZ value trends: Consistent appreciation in property taxes indicating rising property values.
Possible improvements
- Adding a private pool or jacuzzi to outdoor space.
- Upgrading kitchen appliances or finishes for higher-end appeal.
- Enhancing outdoor landscaping for better curb appeal.
- Installing smart home technology for modern convenience.
Description
Discover modern Mediterranean living in this stunning brand-new 2-bedroom, 2-bathroom ground-floor apartment in the prestigious Aranya development, located in Estepona, Spain. Perfectly positioned between Marbella and Estepona, this property offers an ideal blend of tranquility and accessibility on the Costa del Sol. Completed at the end of 2024, this fully furnished apartment presents a turnkey opportunity for buyers seeking stylish, comfortable, and effortless living. Its touristic rental license also makes it an excellent investment with immediate rental income potential.
The residence features two elegantly designed bedrooms, including a master suite with an en-suite bathroom, complemented by a contemporary second bathroom. An open-plan living area seamlessly extends to a spacious 40m² terrace and an 80m² private garden, providing a total of 120m² of outdoor space perfect for relaxing or entertaining under the Mediterranean sun. The modern, fully equipped kitchen combines functionality with sleek design, ideal for daily living.
Residents of the Aranya urbanization enjoy premium amenities such as a large outdoor swimming pool, a fully equipped gym, and a stylish co-working space, all set within beautifully landscaped communal areas. The property also includes underground parking and a private storage room for added convenience.
Situated in a peaceful yet well-connected location in Estepona, this apartment is near beaches, golf courses, restaurants, and essential services, making it an ideal home or investment property in Estepona, Spain. With its pristine condition, outdoor living spaces, and already secured tourist rental license, this Estepona property offers immediate enjoyment or rental income from day one.
Location
Nightly rates in the area
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