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2
Bedrooms
2
Bathrooms
133 m²
Surface area
€
€2444
Price per m²
Apartment
Property type
+23 photos
Analysis
Price
€325.000
Own investment (30%)
€97.500
30% down payment of purchase price
Buyer costs
€32.500
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
-€606,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€110,83
{% 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
-€81,56
Municipal taxes for Estepona
Tax
(19%)
-€221,40
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 amenities and beaches: Enhances desirability.
- Community features: Gardens, pool, secure environment attract buyers.
- Renovation potential: Opportunity to upgrade and increase value.
- Market demand: High demand for holiday and permanent residences in Estepona.
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
11.62%
5 Year Return
58.10%
10 Year Return
116.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Renovation and modernization can significantly increase property value.
- Local market trends in 2027: Growing demand for renovated apartments in Estepona boosts appreciation.
- Property type: Apartments in sought-after communities tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain supports real estate appreciation.
- Demographic developments: Increasing population and demand for housing in Estepona.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovate and modernize the kitchen and bathrooms.
- Upgrade flooring and fixtures for a contemporary look.
- Improve outdoor spaces, such as terraces, with landscaping or furniture.
- Add a third bedroom to increase functionality and value.
- Implement energy-efficient solutions to reduce utility costs.
Description
Discover this exclusive apartment in the sought-after Flamingo Park community within El Paraiso, Estepona, Spain. Located just 5 minutes from San Pedro de Alcántara, this property offers convenient access to local amenities, including supermarkets, banks, pharmacies, and restaurants, all within walking distance. Nestled in a secure urbanization with lush gardens and a refreshing pool, this spacious 153 m² apartment features two terraces, totaling approximately 20 m², providing ample outdoor living space. The property includes a large entrance hall, a modern kitchen, a bright and airy living room with access to one terrace, a master bedroom with an en-suite bathroom and terrace, and a spacious guest bedroom. An additional third bedroom can be easily added with renovation, creating a versatile and functional layout. The apartment requires renovation and modernization, offering incredible potential to transform into a contemporary, large-scale residence—an ideal investment opportunity in Estepona, Spain. Included in the price is an underground parking space for added convenience. Whether you’re seeking a stylish renovation project or a spacious family home in Estepona, Spain, this property’s prime location and generous dimensions make it a standout choice. Contact us today to arrange a viewing and unlock the full potential of this exceptional Estepona apartment.
Location
Nightly rates in the area
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