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2
Bedrooms
2
Bathrooms
85 m²
Surface area
€
€4588
Price per m²
Apartment
Property type
+18 photos
Analysis
Price
€390.000
Own investment (30%)
€117.000
30% down payment of purchase price
Buyer costs
€39.000
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
-€728
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€70,83
{% 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
-€95,38
Municipal taxes for Estepona
Tax
(19%)
-€203,32
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.
- Development of community amenities enhances property appeal.
- Potential for rental income from tourism and long-term tenants.
- Limited supply of new quality apartments in Estepona supports price growth.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
8.89%
5 Year Return
44.45%
10 Year Return
88.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment with high-quality finishes is likely to appreciate steadily.
- Local market trends in 2027: Growing demand for coastal properties in Estepona due to tourism and expatriate influx.
- Property type: Apartments in a new development tend to appreciate as the community matures.
- Economic outlook in 2027: Spain's economy is expected to recover and grow, supporting real estate appreciation.
- Demographic developments: Increasing number of retirees and expatriates seeking coastal living boosts demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities will enhance property value.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade interior finishes and appliances.
- Enhance outdoor spaces with landscaping or additional features.
- Implement energy-efficient solutions to reduce utility costs.
- Add smart home technology for modern appeal.
Description
Discover contemporary living in Estepona, Spain, with this stunning new residential development offering beautifully designed apartments from €390,000 to €420,000. These modern homes feature 2 to 3 bedrooms, 2 bathrooms, and spacious layouts ranging from 85m2 to 114m2, perfect for those seeking comfort and style. Nestled just minutes from Estepona’s pristine beaches, the Senda Litoral promenade, golf courses, and the vibrant Port of Estepona and La Duquesa, this development provides an ideal coastal lifestyle. Easy access to the A-7 and AP-7 highways ensures quick connections to Málaga and Gibraltar, making it perfect for both leisure and commuting. This exclusive community comprises 106 contemporary apartments designed with sustainability and open-space living in mind. Residents enjoy extensive amenities, including lush gardens with palm and citrus trees, a large swimming pool, gym, outdoor meditation area, spa, co-working community room, beach volleyball court, children’s play area, and a putting green. The development’s thoughtfully landscaped green spaces promote tranquility and outdoor enjoyment, making it an ideal choice for families, professionals, and investors seeking a premium property in Estepona, Spain. Experience the perfect blend of nature, convenience, and modern comfort in this exceptional Estepona real estate opportunity.
Location
Nightly rates in the area
Questions? Chat with us!