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House in Estepona, 3 bedrooms, 141 m² €423.000

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3
Bedrooms
1
Bathrooms
141 m²
Surface area
€3000
Price per m²
House
Property type
House in Estepona, 3 bedrooms, 141 m² - Hoofdafbeelding
House in Estepona, 3 bedrooms, 141 m² - Afbeelding 1
House in Estepona, 3 bedrooms, 141 m² - Afbeelding 2
House in Estepona, 3 bedrooms, 141 m² - Afbeelding 3
+4 photos

Analysis

View Report
Price
€423.000
Own investment (30%)
€126.900
Buyer costs
€42.300
Estimated nightly rate
€122,80
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€789,60
Maintenance costs
-€117,50
Cleaning costs
-€333,33
Platform fees
-€364,18
Municipal taxes
-€102,39
Tax (19%)
-€136,96
Earned back in

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Nightly 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

All comparable accommodations and their nightly rates are retrieved from booking platforms.

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

4.14%

5 Year Return

20.70%

10 Year Return

41.40%

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

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