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3
Bedrooms
2
Bathrooms
80 m²
Surface area
€
€4000
Price per m²
House
Property type
+16 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
-€66,67
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
-€333,33
Annual cleaning costs: €4000
(€333,33/month). Based on number of bedrooms.
Platform fees
-€493,94
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€80,50
Municipal taxes for Estepona
Tax
(19%)
-€327,01
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
€164,03
High season
€220
Mid season
€160,58
Low season
€130
Price determining factors
- Proximity to beaches and amenities: Enhances desirability.
- Property condition: Renovations can boost value.
- Market demand: High demand for holiday and rental properties.
- Economic factors: Stable economic growth and tourism revenue.
- Local developments: New infrastructure projects and urban improvements.
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
13.07%
5 Year Return
65.35%
10 Year Return
130.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Renovations can significantly increase value.
- Local market trends in 2027: Growing demand for properties in Estepona and Costa del Sol.
- Property type: Semi-detached houses are popular among families and investors.
- Economic outlook in 2027: Expected steady growth in Spain's economy, supporting real estate appreciation.
- Demographic developments: Increasing population and tourism in Estepona.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Enhance outdoor spaces with landscaping or a patio.
- Upgrade insulation and windows for energy efficiency.
- Add features like a pool or outdoor entertaining area.
- Modernize interior decor to attract higher-paying tenants or buyers.
Description
Discover this charming semi-detached house in the desirable Estepona area of Spain, offering a fantastic opportunity for homebuyers and investors alike. Nestled within the secure and tranquil Mar y Monte urbanisation, this property provides a peaceful retreat just minutes from Estepona's stunning beaches on the Costa del Sol. With a 140 m² plot and 65.73 m² of adaptable living space across two floors, the home boasts existing extensions that enhance its versatility. The ground floor features a welcoming living room with a cozy fireplace, an open-plan kitchen and dining area, and a private outdoor patio perfect for enjoying sunny mornings or relaxed evenings. Upstairs, you'll find two spacious bedrooms, a full bathroom, and a flexible third room suitable for a home office, guest room, or personal sanctuary. The generous landing area offers further potential for a second lounge or playroom. Surrounded by landscaped gardens and communal pools, the Mar y Monte urbanisation is ideal for families and those seeking a secure, family-friendly environment. Its prime location grants quick access to Estepona’s beaches, essential amenities, schools, and leisure facilities, making it perfect for year-round living, holiday escapes, or rental income. Though requiring renovation, this property presents a unique opportunity to customize a home in a rising-demand area of Estepona, Spain. Priced at €320,000, it’s an excellent investment for those looking to capitalize on the growing popularity of the Costa del Sol.
Location
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