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3
Bedrooms
1
Bathrooms
104 m²
Surface area
€
€3269
Price per m²
Apartment
Property type
+31 photos
Analysis
Price
€340.000
Own investment (30%)
€102.000
30% down payment of purchase price
Buyer costs
€34.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€122,80
Expected occupancy rate
65%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€634,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€86,67
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€364,18
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€84,75
Municipal taxes for Estepona
Tax
(19%)
-€175,61
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
€122,80
High season
€154
Mid season
€121
Low season
€96
Price determining factors
- Proximity to beaches and amenities: The location near Playa de la Rada and local services adds value.
- Tourism and holiday rental potential: The area's popularity supports high rental yields.
- Property condition: The need for modernization could limit current value but offers renovation potential.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €185 | Entire House with Terrace in Marbella | 21.4 km |
| €382,40 | Three bed house with pool 50 metres from the beach | 16.5 km |
| €175 | Chic 3BR Townhouse on the Beach + Pool + Parking | 10.5 km |
| €281,20 | Ocean Front Villa w/Private Pool | 10.5 km |
| €421 | Calm Villa · Private Infinity Pool | 7.9 km |
| €159,80 | Lucia's home, beach and mountains. | 11.3 km |
| €294,40 | Villa with pool near the beach for families | 3.8 km |
| €195,20 | Justine's Houses - Casa Carmen | 18.0 km |
| €125,60 | Beautiful house with a private pool. | 18.5 km |
| €147,20 | Casa Azul | 18.6 km |
Return & Value appreciation
Annual return
8.81%
5 Year Return
44.05%
10 Year Return
88.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property appears to be in fair condition but could benefit from updates to modern standards.
- Local market trends in 2027: The Costa del Sol region is expected to continue attracting both tourists and residents, supporting property value growth.
- Property type: Apartments tend to have stable demand in urban areas, especially in desirable locations like Estepona.
- Economic outlook in 2027: Spain's economy is projected to grow steadily, which should positively influence real estate prices.
- Demographic developments: Increasing expatriate and retiree populations in Estepona are likely to sustain demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities are expected to enhance property values.
Possible improvements
- Renovate the kitchen and bathroom for modern appeal.
- Repaint and update interior finishes to increase attractiveness.
- Improve energy efficiency with new windows or insulation.
- Enhance outdoor space, such as upgrading the terrace or adding views.
Description
Discover this spacious and luminous 3-bedroom apartment in the heart of Estepona, Spain, ideally situated in the vibrant Centro district. Perfect for families or investors, this exterior-facing property offers 104 m² of comfortable living space, including a bright living room with access to a generous terrace, a fully equipped kitchen, and a modern bathroom. Located on the first floor with elevator access, the apartment benefits from abundant natural light in all rooms and a practical layout that maximizes space and functionality. The property features a gas water heater for efficiency and a terrace with potential views of the charming town of Estepona, known as the 'Garden of the Costa del Sol' for its floral streets and sunny climate. Situated just minutes from Playa de la Rada, the apartment provides easy access to Estepona's pristine beaches, local amenities like supermarkets (such as Mercadona), clinics, parks, bars, and restaurants. Its prime location offers excellent connectivity via the A7 motorway to Marbella and Gibraltar Airport, making it ideal for year-round living or holiday rentals. The well-maintained building ensures a secure and pleasant environment. Priced at €340,000, this property represents exceptional value in Estepona, Spain. Contact us today to arrange a viewing and seize this fantastic opportunity to own a piece of the Costa del Sol.
Location
Nightly rates in the area
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