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3
Bedrooms
2
Bathrooms
141 m²
Surface area
€
€2461
Price per m²
Apartment
Property type
+30 photos
Analysis
Price
€347.000
Own investment (30%)
€104.100
30% down payment of purchase price
Buyer costs
€34.700
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
-€647,73
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€117,50
{% 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
-€86,24
Municipal taxes for Estepona
Tax
(19%)
-€306,69
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
- Strong local demand for holiday homes and rentals in Costa del Sol.
- Growing popularity of Estepona as a desirable location.
- Limited supply of similar high-quality apartments in the area.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
15.07%
5 Year Return
75.35%
10 Year Return
150.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent upgrades like solar panels, which can enhance value.
Possible improvements
- Renovate interiors to modern standards to attract higher rental income.
- Upgrade kitchen and bathrooms for increased appeal.
- Enhance outdoor spaces with landscaping or additional amenities.
Description
Discover this exceptional three-bedroom corner apartment in the highly desirable El ParaÃso area of Estepona, Spain. Perfectly positioned within a secure gated community, this spacious property offers three private terraces, abundant natural light, and modern amenities, making it an ideal choice for those seeking a permanent residence, holiday home, or investment property in Costa del Sol. The bright living room features a cozy fireplace and opens onto a west-facing terrace with tranquil views of lush communal gardens—perfect for enjoying afternoon sun. The master suite boasts an en-suite bathroom and direct access to a private terrace, while two additional bedrooms share a large east-facing terrace, ideal for morning sun. Each bedroom is fitted with full-length wardrobes, and the apartment includes high-speed internet and a security alarm system. Included with the property is a private underground parking space and a large storage room, providing ample space for leisure equipment or seasonal items. The well-maintained urbanization features a heated communal pool, children’s pool, expansive green areas, and 24/7 security cameras. Recent upgrades include solar panels installed from 2022 to 2024, enhancing energy efficiency. Located just a 10-minute walk from the beach, with easy access to supermarkets, cafes, restaurants, golf courses, and local amenities, this Estepona apartment offers unparalleled convenience. Excellent transport links and proximity to renowned golf courses, Puerto Banús, San Pedro de Alcántara, and Estepona town make this property a prime opportunity in Spain’s Costa del Sol. Whether for full-time living, holiday rentals, or investment, this Estepona apartment combines space, location, and lifestyle in one attractive package.
Location
Nightly rates in the area
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