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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€4000
Price per m²
Apartment
Property type
+14 photos
Analysis
Price
€480.000
Own investment (30%)
€144.000
30% down payment of purchase price
Buyer costs
€48.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€164,03
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€896
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€100
{% 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
-€493,94
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€114,50
Municipal taxes for Estepona
Tax
(19%)
-€257,47
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
€164,03
High season
€220
Mid season
€160,58
Low season
€130
Price determining factors
- Proximity to beaches, amenities, and cultural sites.
- Quality of community facilities like pool, gym, and co-working space.
- Property size and layout, including outdoor space.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
9.15%
5 Year Return
45.75%
10 Year Return
91.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained new construction with modern finishes enhances value.
- Local market trends in 2027: Expected growth due to tourism and expatriate influx.
- Property type: Apartments in high-demand coastal area tend to appreciate.
- Economic outlook in 2027: Positive, driven by tourism, real estate, and regional development.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Upgrades to transportation, amenities, and connectivity support appreciation.
- Historical WOZ value trends: Consistent increase reflecting rising property values.
Possible improvements
- Renovate and modernize kitchen and bathrooms.
- Add smart home features for convenience and security.
- Enhance outdoor living spaces, such as terrace upgrades.
Description
Discover this luxurious new three-bedroom apartment in the vibrant town of Estepona, Spain. Perfectly situated within a secure, gated community of just 34 properties, this elegant residence exemplifies Mediterranean charm with modern finishes and high-quality fittings. The spacious open-plan kitchen features top-tier appliances, seamlessly flowing into a bright living and dining area with large windows that invite abundant natural light and scenic views of the private terrace and lush communal gardens. All three bedrooms are generously sized and equipped with fitted wardrobes, with the master suite featuring an en-suite bathroom. An additional family bathroom, hot and cold air conditioning, a private underground parking space, and a storage room enhance the property's appeal. The community amenities include a communal swimming pool, beautifully landscaped gardens with water features, a gymnasium, and a co-working space with full Wi-Fi access, offering an exceptional lifestyle experience. Located just minutes from Estepona's wide sandy beaches, vibrant promenade, and a variety of local restaurants, bars, supermarkets, and cultural activities, this property is ideal for both permanent residence and holiday investment. Surrounded by renowned schools and a short drive to Marbella and Puerto Banús, this Estepona property combines comfort, convenience, and a prime location in Spain’s Costa del Sol. Experience the best of Spanish coastal living with this outstanding apartment in Estepona, Spain.
Location
Nightly rates in the area
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