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3
Bedrooms
2
Bathrooms
112 m²
Surface area
€
€4196
Price per m²
Apartment
Property type
+18 photos
Analysis
Price
€470.000
Own investment (30%)
€141.000
30% down payment of purchase price
Buyer costs
€47.000
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
-€877,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€93,33
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
-€114,50
Municipal taxes for Estepona
Tax
(19%)
-€260,18
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 and urban centers: High demand area.
- Community amenities: Pool, gardens, parking add value.
- Property features: Modern kitchen, large terrace, natural light.
- Location: Close to Marbella, Puerto Banus, Estepona, with good connectivity.
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
7.08%
5 Year Return
35.40%
10 Year Return
70.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern fixtures and appliances enhance value.
- Local market trends in 2027: Expected continued growth in Costa del Sol's real estate market due to tourism and foreign investment.
- Property type: Apartments in upscale urbanizations tend to appreciate steadily, especially with amenities.
- Economic outlook in 2027: Spain's economy is projected to recover and grow, supporting real estate appreciation.
- Demographic developments: Increasing expat and retiree populations boost demand for properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities support property values.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovate or upgrade kitchen appliances and fixtures.
- Add smart home features for modern living.
- Improve interior decor to enhance aesthetic appeal.
- Install energy-efficient windows or solar panels.
- Upgrade bathroom fixtures for a more luxurious feel.
Description
Discover an exceptional opportunity to own a stunning apartment in the highly desirable location of Estepona, Spain. This beautifully maintained property features a spacious open-plan living area with a modern kitchen fitted with premium German appliances, perfect for comfortable living or entertaining guests. Step out onto a generous 38m2 terrace facing a protected green area, ensuring unobstructed, panoramic views and tranquility. The apartment boasts three large bedrooms with ample wardrobe space, including a master suite with an en suite bathroom, all filled with natural light from floor-to-ceiling windows. The second bathroom offers a stylish Italian shower, adding to the home's luxurious feel.
Situated in an upscale urbanization in tranquil Bel Air, this Estepona property offers convenient access to the stunning beaches of Costalita, just 15 minutes away, and a vibrant commercial area within 5 minutes, featuring supermarkets, restaurants, cafés, pharmacies, and banks—eliminating the need for a car. Located between Marbella and Puerto Banus (15 minutes) and close to central Estepona (10 minutes), this residence combines peaceful surroundings with prime connectivity.
Community amenities include a beautifully maintained garden, a large swimming pool, underground parking, and a storage room—all included in the price. With a recent price reduction for quick sale, this Estepona apartment presents an excellent investment opportunity. Easy viewings available—don't miss out on owning this exceptional property in Spain’s Costa del Sol.
Location
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