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2
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€4875
Price per m²
Apartment
Property type
+15 photos
Analysis
Price
€585.000
Own investment (30%)
€175.500
30% down payment of purchase price
Buyer costs
€58.500
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
-€1.092
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€100
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
-€136,81
Municipal taxes for Estepona
Tax
(19%)
-€121,25
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
€126,61
High season
€167
Mid season
€123,92
Low season
€103
Price determining factors
- Proximity to beaches and town center: Enhances desirability.
- Modern amenities and security features: Attracts quality tenants and buyers.
- Sea views and outdoor space: Significant value drivers.
- Potential for holiday rental income: Increases investment appeal.
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
2.65%
5 Year Return
13.25%
10 Year Return
26.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and furnished, which supports value retention and growth.
- Local market trends in 2027: Expected continued demand for coastal properties on the Costa del Sol, driven by tourism and expatriate influx.
- Property type: Apartments in a desirable location tend to appreciate steadily, especially with amenities and sea views.
- Economic outlook in 2027: Spain's economy is projected to recover and grow, boosting real estate demand.
- Demographic developments: Increasing expatriate and retiree population seeking Mediterranean lifestyle.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities in Estepona.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Add smart home features for convenience.
- Upgrade flooring or fixtures to premium materials.
- Improve energy efficiency with solar panels or better insulation.
Description
Discover this stunning middle-floor apartment for sale in Estepona, Spain, a prime location on the Costa del Sol renowned for its beautiful beaches and vibrant community. This spacious 2-bedroom, 2-bathroom residence offers 120 square meters of stylish living space, complemented by a generous 30-square-meter terrace with breathtaking sea views. Perfectly positioned close to Estepona’s town center and excellent schools, this property combines convenience with luxury. The apartment boasts an array of modern features, including a fully fitted kitchen, marble flooring, double glazing, fiber optic internet, and private terraces, all within a secure, gated urbanization with 24-hour security. Enjoy amenities such as communal pools, including a children’s pool, lush communal gardens, and facilities accessible for residents with reduced mobility. Climate control is seamless with pre-installed air conditioning, hot and cold systems, ensuring comfort year-round. Parking is a breeze with private underground, covered, and secure garage spaces. Fully furnished and move-in ready, this Estepona apartment offers an ideal investment opportunity on the Costa del Sol, whether for holiday rentals or permanent living. Embrace the relaxed Mediterranean lifestyle with stunning sea vistas and easy access to the vibrant town and beaches of Estepona, Spain.
Location
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