Back

House in Estepona, 4 bedrooms, 225 m² €405.000

2 views

You can view 1 more properties. Log in for unlimited access.

4
Bedrooms
4
Bathrooms
225 m²
Surface area
€
€1800
Price per m²
House
Property type
House in Estepona, 4 bedrooms, 225 m² - Hoofdafbeelding
House in Estepona, 4 bedrooms, 225 m² - Afbeelding 1
House in Estepona, 4 bedrooms, 225 m² - Afbeelding 2
House in Estepona, 4 bedrooms, 225 m² - Afbeelding 3
+19 photos

Analysis

Price
€405.000
Own investment (30%)
€121.500
Buyer costs
€40.500
Estimated nightly rate
€289,11
Expected occupancy rate
57%
Gross rental p/m
€0000
Mortgage costs
-€756
Maintenance costs
-€187,50
Cleaning costs
-€375
Platform fees
-€751,87
Municipal taxes
-€98,56
Tax (19%)
-€540,27
Cashflow p.m.
Earned back in

Interested?

Log in now to contact the seller directly

Log in

Nightly Rates

Estimated nightly rate
€289,11
High season
€377
Mid season
€280,08
Low season
€202

Price determining factors

  • Property condition: Needs renovation, which can be a cost but also an opportunity for value addition.
  • Local market trends in 2027: Rising property prices in Estepona and Costa del Sol.
  • Property type: Finca with land has higher value appreciation potential.
  • Economic outlook in 2027: Economic stability and growth support property value increase.
  • Demographic developments: Growing expatriate community and retirees increase demand.
  • Infrastructure plans in 2027: Planned infrastructure improvements boost property values.
  • Historical WOZ value trends: Increasing WOZ values reflect rising property market prices.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

22.75%

5 Year Return

113.75%

10 Year Return

227.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Renovation potential can significantly increase value.
  • Local market trends in 2027: Growing demand for properties in Estepona due to popularity and tourism.
  • Property type: Finca with land offers unique appeal and potential for expansion or development.
  • Economic outlook in 2027: Spain's economy is expected to stabilize with moderate growth, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree population seeking homes in Costa del Sol.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property attractiveness.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Complete kitchen installation and modernize appliances.
  • Renovate bathrooms and improve fixtures.
  • Enhance outdoor spaces, including landscaping and pool installation.
  • Upgrade interior finishes for a more contemporary look.
  • Improve accessibility features to increase appeal.

Description

Discover this charming finca-cortijo in the sought-after area of Estepona, Spain, offering an exceptional opportunity for renovation enthusiasts. This spacious property features four bedrooms and four bathrooms across 225 square meters of living space, providing ample room for comfortable living. Set on a generous 1,100 square meter private garden, this Estepona property boasts stunning panoramic views of the sea and mountains, making it a perfect retreat on the Costa del Sol. The south-east facing orientation ensures plenty of natural sunlight throughout the day. Ideal for those seeking customization, this finca requires renovation and restoration, presenting a unique chance to create a personalized home. The property includes a large terrace, with room to add a swimming pool, perfect for outdoor entertaining. Additional features include fitted wardrobes, a private terrace, WiFi connectivity, storage and utility rooms, and accessible design elements for people with reduced mobility. Parking is convenient with multiple private covered garages, and the property is not furnished, allowing buyers to design their dream interior. While the kitchen is not fitted, there is ample space for customization. Located close to Estepona town and schools, this resale finca offers a prime location on Spain’s Costa del Sol, combining tranquility with accessibility. Whether you're looking for a permanent residence or a holiday home, this Estepona finca represents an excellent investment opportunity in Spain’s vibrant property market.

Location

Questions? Chat with us!