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4
Bedrooms
2
Bathrooms
225 m²
Surface area
€
€3956
Price per m²
Apartment
Property type
+40 photos
Analysis
Price
€890.000
Own investment (30%)
€267.000
30% down payment of purchase price
Buyer costs
€89.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€220,82
Expected occupancy rate
59%
Gross rental p/m
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€0000
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Mortgage costs
-€1.661,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€187,50
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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€594,42
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€170,10
Municipal taxes for Estepona
Tax
(19%)
-€185,15
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
€220,82
High season
€301
Mid season
€211,92
Low season
€157
Price determining factors
- Location in Estepona, close to beaches and port.
- High-quality finishes and modern amenities.
- Community facilities such as pools, gym, and gardens.
- Sea views and outdoor terrace space.
- Secure gated community with parking and storage.
Comparable accommodations
| 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
2.66%
5 Year Return
13.30%
10 Year Return
26.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with high-end finishes, which supports value retention and appreciation.
- Local market trends in 2027: Expected to be positive due to ongoing demand for coastal properties in Estepona.
- Property type: Apartments in a desirable area tend to appreciate steadily, especially with amenities and sea views.
- Economic outlook in 2027: Spain's economy is projected to grow moderately, supporting real estate investment.
- Demographic developments: Increasing demand from both locals and expatriates seeking coastal living.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities will enhance property appeal.
- Historical WOZ value trends: Consistent growth in property values and taxes in Estepona area.
Possible improvements
- Adding a modernized kitchen or smart home features.
- Upgrading bathrooms with contemporary fixtures.
- Enhancing outdoor space with landscaping or additional features.
- Installing energy-efficient systems to reduce costs.
- Renovating to increase interior appeal and functionality.
Description
Discover this stunning elevated ground floor apartment in the highly desirable Las Mesas neighborhood of Estepona, Spain. Perfectly positioned just a 10-minute walk from Estepona's vibrant port and beaches, and only 20 minutes from the charming old town, this property offers an exceptional opportunity to enjoy the Mediterranean lifestyle. Featuring an expansive 80 m² south-facing private terrace with partial sea views, it provides ample outdoor space for relaxation and entertaining in sunny Spain. Inside, the apartment boasts four spacious bedrooms with built-in wardrobes, two luxurious bathrooms with high-end finishes, and a guest toilet. The modern open-plan kitchen is fully equipped with Siemens appliances, Silestone countertops, and a dedicated laundry area, with a future peninsula addition enhancing its appeal. Premium finishes include porcelain tile floors, white lacquered doors, double-glazed exterior windows, and motorized shutters, complemented by ducted air conditioning, aerothermal hot water, and mechanical ventilation for year-round comfort and energy efficiency. Included are two underground parking spaces and a large storage room within a secure gated community. Built in 2025, the development features exceptional communal amenities such as swimming pools, a gym, sauna, landscaped gardens, bicycle areas, and accessible entrances, all with elevator access. This Estepona property is ideal as a permanent residence or a lucrative investment in one of Spain’s most promising coastal areas. Experience the best of the Costa del Sol with this prestigious property in Estepona, Spain.
Location
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Nightly rates in the area
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