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3
Bedrooms
1
Bathrooms
83 m²
Surface area
€
€4639
Price per m²
Apartment
Property type
+8 photos
Analysis
Price
€385.000
Own investment (30%)
€115.500
30% down payment of purchase price
Buyer costs
€38.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€122,80
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€718,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€69,17
{% 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
-€364,18
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€94,31
Municipal taxes for Estepona
Tax
(19%)
-€161,16
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
€122,80
High season
€154
Mid season
€121
Low season
€96
Price determining factors
- Location in Estepona, close to amenities and transport.
- Modern features and recent renovations.
- South-facing orientation providing natural light.
- Proximity to beaches, shops, and schools.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
7.14%
5 Year Return
35.70%
10 Year Return
71.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern interior, recent renovations enhance value.
- Local market trends in 2027: Expected steady growth due to tourism and urban development.
- Property type: Apartment in a desirable location, appealing to both residents and investors.
- Economic outlook in 2027: Positive, with growth in tourism and real estate sectors.
- Demographic developments: Increasing demand from expatriates and retirees.
- Infrastructure plans in 2027: Improvements in transport and amenities likely to boost property values.
- Historical WOZ value trends: Consistent increase reflecting rising property prices.
Possible improvements
- Adding a balcony or enlarging the terrace.
- Upgrading kitchen and bathroom fixtures.
- Installing smart home technology.
- Enhancing energy efficiency with solar panels or better insulation.
- Repainting and aesthetic upgrades to appeal to higher-end buyers.
Description
Discover this beautifully maintained middle-floor apartment in the heart of Estepona, Spain, perfect for those seeking a charming property on the Costa del Sol. Featuring three spacious bedrooms and a modern bathroom, this 83 m² residence offers comfortable living with a 6 m² private terrace ideal for relaxation and outdoor dining. Located in a vibrant urban setting, the apartment is close to shops, schools, and local amenities, making it an excellent choice for families or investors looking for a prime property in Estepona, Spain.
The apartment boasts excellent condition and is equipped with sophisticated climate control systems, including hot and cold air conditioning, ensuring year-round comfort. Its south-facing orientation provides abundant natural light and beautiful urban views. Key features include fitted wardrobes, double glazing, fiber optic internet, and accessibility for people with reduced mobility. The fully fitted kitchen adds convenience, while the part-furnished interior allows for easy personalization.
Residents benefit from nearby transport options, WiFi connectivity, and a courtesy bus service. Parking is available on the street, adding to the property's practicality. Situated close to churches and local transport links, this Estepona apartment offers a perfect blend of urban convenience and relaxed Costa del Sol lifestyle. Whether you’re seeking a permanent residence or a lucrative rental investment, this property in Estepona, Spain, is an exceptional opportunity to own a piece of the Costa del Sol’s vibrant real estate market.
Location
Nightly rates in the area
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