You can view 2 more properties. Log in for unlimited access.
3
Bedrooms
3
Bathrooms
110 m²
Surface area
€
€4455
Price per m²
Apartment
Property type
+29 photos
Analysis
Price
€490.000
Own investment (30%)
€147.000
30% down payment of purchase price
Buyer costs
€49.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€175,01
Expected occupancy rate
65%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€914,67
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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€519,01
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€116,62
Municipal taxes for Estepona
Tax
(19%)
-€282,11
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.
Interested?
Log in now to contact the seller directly
Log inNightly Rates
Estimated nightly rate
€175,01
High season
€230
Mid season
€171,08
Low season
€141
Price determining factors
- Proximity to beaches, cafes, and shops: Enhances desirability.
- Active tourist license: Increases rental income potential.
- Nearby public parking: Adds convenience for residents and visitors.
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
9.82%
5 Year Return
49.10%
10 Year Return
98.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Newly renovated modern apartment enhances attractiveness and value.
- Local market trends in 2027: Expected growth in tourism and real estate demand in Estepona.
- Property type: Apartment in a desirable location with high rental potential.
- Economic outlook in 2027: Stable with positive growth prospects for Spain, supporting property appreciation.
- Demographic developments: Increasing number of retirees and expatriates seeking seaside properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities boosting property appeal.
- Historical WOZ value trends: Consistent increase indicating rising property values.
Possible improvements
- Adding a modernized outdoor furniture set for the balcony terrace.
- Upgrading smart home features for increased convenience.
- Enhancing interior decor to appeal to luxury buyers.
- Installing energy-efficient appliances to reduce utility costs.
Description
Discover this newly renovated modern apartment in the heart of Estepona, Spain, offering the perfect blend of comfort, style, and investment potential. Featuring three spacious bedrooms and three elegant bathrooms with walk-in showers, this property is ideal for families or investors seeking high rental yields. The open-plan living area seamlessly integrates a fully equipped designer kitchen with brand new appliances and a welcoming lounge, perfect for entertaining or relaxing. Step outside onto the balcony terrace or enjoy the serenity of the interior patio, complemented by a practical storage room. Every room is outfitted with air conditioning (hot/cold) and PVC double-glazed windows, ensuring comfort year-round. Recessed LED lighting enhances the contemporary ambiance. Situated on a peaceful pedestrian street just 600 meters from Estepona’s vibrant Paseo MarÃtimo, this property offers convenient access to beaches, cafes, restaurants, shops, and public transport. An active tourist license makes this apartment a lucrative investment, ready for immediate rental income. Additional features include a nearby public parking lot for only €1 per day. Whether you’re seeking a stylish seaside home or a profitable investment in Estepona, Spain, this property combines modern luxury with unbeatable location. Experience the lively and authentic charm of Estepona while enjoying the comfort of a newly refurbished flat. Your ideal Spanish property awaits—schedule a viewing today!
Location
Nightly rates in the area
Questions? Chat with us!