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3
Bedrooms
2
Bathrooms
93 m²
Surface area
€
€7312
Price per m²
Apartment
Property type
+13 photos
Analysis
Price
€680.000
Own investment (30%)
€204.000
30% down payment of purchase price
Buyer costs
€68.000
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
-€1.269,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€77,50
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
-€157
Municipal taxes for Estepona
Tax
(19%)
-€180,63
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
- Location within Estepona: Prime 'Golden Mile' area enhances value.
- Property features: Private pools, terraces, high-end finishes.
- Amenities: Access to exclusive facilities like pools, gyms, coworking spaces.
- Views: Sea and mountain views increase desirability.
- Market demand: High demand for luxury apartments in Costa del Sol.
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
3.40%
5 Year Return
17.00%
10 Year Return
34.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern finishes enhance value.
- Local market trends in 2027: Growing demand for luxury properties on Costa del Sol.
- Property type: Apartments in a high-end development attract premium buyers.
- Economic outlook in 2027: Positive economic growth in Spain and Europe supports real estate appreciation.
- Demographic developments: Increasing number of affluent retirees and expatriates.
- Infrastructure plans in 2027: Continued improvements in transportation and amenities boost desirability.
- Historical WOZ value trends: Steady increase in property taxes indicating rising property values.
Possible improvements
- Adding smart home technology for modern convenience.
- Upgrading kitchen and bathroom fixtures.
- Enhancing outdoor spaces with landscaping or additional features.
- Implementing energy-efficient systems to reduce costs.
- Adding private outdoor amenities like a jacuzzi or BBQ area.
Description
Discover luxury living in Estepona, Spain, with this exclusive new development offering modern apartments from €680,000. These elegant 1, 2, and 3-bedroom homes feature spacious terraces, private gardens, garages, and storage rooms, perfect for embracing the sunny Costa del Sol lifestyle. Select penthouses boast stunning sea or mountain views, private pools, and expansive solariums, ideal for enjoying the more than 300 days of sunshine that Estepona provides annually. Situated in 'the new Golden Mile,' Estepona is renowned for its pristine beaches, charming streets lined with white facades and flowers, vibrant culture, and exquisite gastronomy. All essential amenities are just minutes from your door, ensuring convenience and comfort. The development comprises 27 luxurious apartments with high-end finishes and contemporary design, blending natural materials like wood and stone with lush green vegetation to create a tranquil, forest-inspired ambiance within the city. Residents can enjoy exclusive amenities such as a swimming pool, fitness center, and coworking space without leaving home. The large terraces and patios, some with private pools, are tailored for outdoor living and sun-soaked leisure. Choose from various layouts—ground floors with expansive terraces and private pools, or penthouses with spectacular views, private pools, and bar areas—designed to suit your lifestyle. Experience the perfect combination of modern elegance, sustainable design, and prime location in Estepona, Spain, making these properties an ideal investment or home in the heart of the Costa del Sol.
Location
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Nightly rates in the area
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