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3
Bedrooms
1
Bathrooms
141 m²
Surface area
€
€3000
Price per m²
House
Property type
+4 photos
Analysis
Price
€423.000
Own investment (30%)
€126.900
30% down payment of purchase price
Buyer costs
€42.300
Buyer costs: 10% of purchase price
Estimated nightly rate
€122,80
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€789,60
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€117,50
{% 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
-€364,18
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€102,39
Municipal taxes for Estepona
Tax
(19%)
-€136,96
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
€122,80
High season
€154
Mid season
€121
Low season
€96
Price determining factors
- Proximity to the beach and town center: High desirability increases property value.
- Heritage and architectural features: Unique charm adds value but may require maintenance investments.
- Size and layout: Spacious layout with outdoor terraces enhances appeal.
- Condition of the property: Need for renovation offers opportunities for value addition.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
5.52%
5 Year Return
27.60%
10 Year Return
55.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Renovations can significantly increase value by modernizing and restoring heritage features.
- Local market trends in 2027: Growing popularity of Estepona as a tourist and residential destination boosts property demand.
- Property type: Independent house with potential for customization and unique appeal.
- Economic outlook in 2027: Stable economic growth in Spain and Costa del Sol region supports property appreciation.
- Demographic developments: Increasing influx of expatriates and retirees enhances rental and resale markets.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and tourism infrastructure will elevate property values.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovate and modernize the interior to increase comfort and appeal.
- Restore or enhance heritage features to preserve character and attract niche buyers.
- Upgrade kitchen and bathroom for modern standards.
- Improve outdoor spaces, including terrace and balcony, for better outdoor living.
- Implement energy-efficient systems to reduce utility costs.
Description
Discover a charming Andalusian independent house in the heart of Estepona, Spain, perfect for renovation and investment. Located facing the picturesque Plaza Francisco Umbral, this property offers a unique opportunity to create a personalized residence, boutique hotel, or vacation rental in one of Costa del Sol's most desirable towns. Spanning 141 m² across two floors and three levels, the home boasts a solid structure with traditional wooden beams, ready for updates that highlight its heritage charm. The spacious layout includes three bright bedrooms, two interconnected living areas, a kitchen, and a bathroom with laundry space, all thoughtfully arranged for comfortable living or hospitality use.
Enjoy outdoor living on the large upper-floor terrace and balcony, ideal for soaking up the Mediterranean sun in the east-west facing property. Modern amenities such as air conditioning ensure year-round comfort while preserving the classic Andalusian style. Its prime location next to Estepona's Town Hall offers excellent access, ample parking, and is just a five-minute walk to the beach and the lively Plaza de las Flores.
This Estepona property combines historic charm, versatile potential, and a strategic location in the heart of Spain's Costa del Sol. Whether you seek a charming family home or an investment property with high rental potential, this opportunity in Estepona, Spain, is not to be missed. Contact us today to schedule a viewing and begin transforming this heritage-rich property into your dream residence or hospitality venture.
Location
Nightly rates in the area
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