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3
Bedrooms
2
Bathrooms
110 m²
Surface area
€
€6318
Price per m²
Apartment
Property type
+20 photos
Analysis
Price
€695.000
Own investment (30%)
€208.500
30% down payment of purchase price
Buyer costs
€69.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€1.297,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€91,67
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
-€491,98
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€160,19
Municipal taxes for Estepona
Tax
(19%)
-€172,02
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
€163,38
High season
€221
Mid season
€159,92
Low season
€129
Price determining factors
- Proximity to beaches, marina, and city center increases desirability.
- Modern amenities and secure community features add value.
- Potential for rental income due to tourist demand.
- High-quality interior design and spacious layout appeal to buyers.
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
3.17%
5 Year Return
15.85%
10 Year Return
31.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interiors and high-quality materials support value appreciation.
- Local market trends in 2027: Continued demand for coastal properties in Estepona and Costa del Sol.
- Property type: Apartments in gated communities are popular among investors and holidaymakers.
- Economic outlook in 2027: Spain's economy is expected to grow steadily, supporting real estate investments.
- Demographic developments: Increasing expatriate and retiree population seeking Mediterranean lifestyle.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities enhance property appeal.
- Historical WOZ value trends: Consistent increase in property values and local taxes indicate rising demand.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade flooring or fixtures to increase luxury feel.
- Add smart home technology for convenience and modernity.
- Improve outdoor spaces or terrace with landscaping or furniture.
Description
Discover this elegant and spacious 3-bedroom apartment in the prestigious Las Mesas urbanization, located in the heart of Estepona on the Costa del Sol, Spain. Perfect for those seeking a luxurious permanent residence, a lucrative investment, or a charming holiday home by the sea, this property offers the ideal Andalusian lifestyle. The modern apartment features three bright bedrooms, two bathrooms, a generous living area opening onto a large terrace with scenic views, and a fully equipped kitchen with contemporary appliances. Designed with high-quality materials and light-toned interiors, it exudes comfort and elegance.
Situated within the secure and gated Las Mesas community, residents enjoy exclusive amenities such as underground parking, a fitness gym, lush green communal areas, and a refreshing swimming pool. Located just minutes from Estepona’s pristine beaches, vibrant marina, and bustling city center, this property provides unparalleled access to Spain’s sun-kissed coast. Excellent connectivity via the AP-7 highway allows easy travel to Marbella, Puerto Banús, and Málaga Airport.
This Estepona apartment is a prime example of Costa del Sol real estate, combining modern comfort with a coveted location in Spain’s top holiday and investment destination. Whether you're looking to enjoy Spain’s Mediterranean climate year-round or capitalize on the area's booming property market, this property in Estepona offers exceptional value and lifestyle opportunities.
Location
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Nightly rates in the area
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