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3
Bedrooms
1
Bathrooms
90 m²
Surface area
€
€4433
Price per m²
Apartment
Property type
+12 photos
Analysis
Price
€399.000
Own investment (30%)
€119.700
30% down payment of purchase price
Buyer costs
€39.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€123,06
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€744,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€75
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
-€364,95
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€97,29
Municipal taxes for Estepona
Tax
(19%)
-€155,35
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
€123,06
High season
€155
Mid season
€120,92
Low season
€92
Price determining factors
- Proximity to beaches and amenities: High desirability boosts property value.
- Location on main street and second line of the beach: Prime location increases demand.
- Property size and layout: Spacious apartments with good layouts are more attractive.
- Condition of the property: Well-maintained units command higher prices.
- Local economic conditions: Stable or growing local economy supports appreciation.
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
4.98%
5 Year Return
24.90%
10 Year Return
49.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent updates can attract higher rental income and resale value.
- Local market trends in 2027: Continued demand for seaside properties on Costa del Sol, driven by tourism and expatriate influx.
- Property type: Apartments in prime locations tend to appreciate faster due to high demand.
- Economic outlook in 2027: Positive growth prospects for Spain and the Costa del Sol region, supporting property value increases.
- Demographic developments: Growing expatriate and retiree populations increase demand for seaside residences.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and services enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Renovate kitchen and bathroom for modern appeal.
- Repaint and update interior decor to enhance visual appeal.
- Improve outdoor space with landscaping or furniture.
- Upgrade fixtures and appliances to increase functionality and attractiveness.
- Add smart home features for modern convenience.
Description
Discover a fantastic investment opportunity or a charming seaside residence in the heart of Estepona, Spain. This unique apartment on a main street offers unbeatable proximity to the beaches and vibrant pedestrian avenues of Estepona, making it an ideal choice for those seeking a property in one of Costa del Sol's most sought-after locations. Situated on a mezzanine floor, this 74 m² apartment features a spacious living-dining area filled with natural light, perfect for relaxing or entertaining. The fully equipped separate kitchen with an exterior window provides excellent ventilation and functionality. The property includes three generous bedrooms: a large master with built-in wardrobes, a bright second bedroom with expansive windows, and a third sizable room, complemented by a well-maintained full bathroom ready for immediate use. Its prime location on the second line of the beach ensures direct access to Estepona's beautiful coastline and effortless connectivity to the town’s main arteries. Just meters from supermarkets, shops, cafes, restaurants, educational centers, and leisure facilities, this apartment offers exceptional convenience. Whether as a permanent residence, a holiday retreat, or a profitable rental investment, this property provides great potential for value appreciation and short-term income. Featuring a strategic position in Estepona, Spain, this apartment is perfect for investors, families, or couples who desire seaside living near essential services and entertainment options. Don’t miss this opportunity to own a piece of the desirable Costa del Sol lifestyle.
Location
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Nightly rates in the area
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