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3
Bedrooms
2
Bathrooms
98 m²
Surface area
€
€3265
Price per m²
Apartment
Property type
+8 photos
Analysis
Price
€320.000
Own investment (30%)
€96.000
30% down payment of purchase price
Buyer costs
€32.000
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
-€597,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€81,67
{% 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
-€80,50
Municipal taxes for Estepona
Tax
(19%)
-€324,16
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
€164,03
High season
€220
Mid season
€160,58
Low season
€130
Price determining factors
- Proximity to beaches, marina, and town center: High desirability boosts property value.
- Community amenities: Pool, parking, and scenic surroundings add value.
- Renovation potential: Ability to modernize and customize increases appeal.
- Local demand for rental properties: Strong rental market supports investment value.
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
17.27%
5 Year Return
86.35%
10 Year Return
172.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Renovations and upgrades can significantly increase property value.
- Local market trends in 2027: A steady increase in demand for coastal properties in Estepona and Costa del Sol.
- Property type: Apartments in desirable neighborhoods tend to appreciate well due to high demand.
- Economic outlook in 2027: Continued growth in Spain's economy, especially in tourism and real estate sectors.
- Demographic developments: Increasing influx of expatriates and retirees seeking Mediterranean lifestyle.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and local facilities.
- Historical WOZ value trends: Consistent increase in property values and local taxes over recent years.
Possible improvements
- Modernize kitchen and bathrooms.
- Enhance outdoor space with landscaping or a terrace upgrade.
- Upgrade flooring or lighting fixtures for a more contemporary look.
- Implement energy-efficient solutions to reduce utility costs.
Description
Discover this spacious 3-bedroom apartment in the sought-after Seghers neighborhood of Estepona, Spain, nestled in the heart of the Costa del Sol. Perfectly situated just steps from the marina, pristine beaches, and the charming town center, this property offers excellent renovation potential to create a stunning residential home or a lucrative rental investment. Spanning 98 m², the apartment features bright, airy rooms including a full bathroom, a separate living room opening onto a terrace ideal for enjoying the Mediterranean climate, and a versatile kitchen ready for modern upgrades. Notable details include elegant marble flooring and a north-facing orientation that maximizes natural light throughout the day. The community provides amenities such as a refreshing swimming pool and private parking, ensuring comfort and convenience. Located in Estepona, known as the 'Garden of the Costa del Sol,' the Seghers area combines tranquility with proximity to essential amenities. Top local facilities include the renowned Colegio Internacional San José and Laguna Village Shopping Centre, both within easy reach. Excellent transport links connect Estepona with Marbella, Malaga, and other Costa del Sol destinations, with bus routes and a nearby train station in Fuengirola. Seghers is a highly desirable neighborhood, appreciated for its peaceful environment, scenic streets, and close-knit community. Whether you’re seeking a permanent residence or a smart investment opportunity in Estepona, this apartment offers the perfect blend of location, potential, and quality of life in Spain.
Location
Nightly rates in the area
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