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4
Bedrooms
2
Bathrooms
140 m²
Surface area
€
€3207
Price per m²
Apartment
Property type
+16 photos
Analysis
Price
€449.000
Own investment (30%)
€134.700
30% down payment of purchase price
Buyer costs
€44.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€215,50
Expected occupancy rate
60%
Gross rental p/m
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€0000
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Mortgage costs
-€838,13
This is the monthly interest you pay for the mortgage
(3.2% interest)
Maintenance costs
-€116,67
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
-€375
Annual cleaning costs: €4500
(€375/month). Based on number of bedrooms.
Platform fees
-€589,93
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€107,91
Municipal taxes for Estepona
Tax
(19%)
-€362
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.
Nightly Rates
Estimated nightly rate
€215,50
High season
€294
Mid season
€207,42
Low season
€156
Price determining factors
- Proximity to beaches, shops, and schools increases desirability.
- Views of sea, urban, and mountains add premium value.
- Modern features and condition of the apartment.
- Potential for rental income, especially in high-demand tourist seasons.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €319 | 4 bed Villa in Nueva Andalucia - Heated Pool | 18.9 km |
| €707,60 | Luxury villa on beach. Puerto Banus walk 15 min | 16.6 km |
| €567,60 | Villa Tortuga Benamara | 11.3 km |
| €598,80 | Modern Golf Villa | Sea Views | Infinity Pool | 10.4 km |
| €462,20 | Family Beach Villa -Modern- Private pool -Estepona | 2.1 km |
| €692,80 | Golf & Seaview Villa with Heated Private Pool | 4.2 km |
| €381,20 | Beautiful villa with private pool | 11.6 km |
| €322 | Villa Sunlight near beach and Puerto Banus | 15.1 km |
| €691,60 | Nice villa with exceptional view to the sea! | 15.6 km |
| €356,60 | Villa with heated pool / Sea and Gibraltar view | 15.8 km |
Return & Value appreciation
Annual return
10.31%
5 Year Return
51.55%
10 Year Return
103.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Modern features and excellent condition enhance value appreciation.
- Local market trends in 2027: Growing demand for properties in Estepona and Costa del Sol boosts ROI.
- Property type: Apartments in prime locations tend to appreciate steadily.
- Economic outlook in 2027: Positive economic growth in Spain and tourism sector supports property values.
- Demographic developments: Increasing population and expatriate influx in Estepona drive demand.
- Infrastructure plans in 2027: Planned improvements in transport, amenities, and services will likely increase property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovate interior spaces to modern standards.
- Upgrade kitchen and bathrooms for increased appeal.
- Add smart home features for modern convenience.
- Improve outdoor terrace with furniture or landscaping.
- Enhance energy efficiency with new windows or insulation.
Description
Discover this exceptional top-floor apartment in the vibrant town of Estepona, Spain, perfectly situated on the Costa del Sol. This spacious 4-bedroom, 2-bathroom property offers a generous 140 square meters of living space, complemented by a 25-square-meter private terrace with panoramic sea, urban, and mountain views. Ideal for those seeking a luxurious yet affordable home or investment opportunity in Estepona, Spain, this apartment boasts an excellent condition with modern features and a prime location close to beaches, shops, schools, and the bustling port.
Location
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