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2
Bedrooms
2
Bathrooms
149 m²
Surface area
€
€3859
Price per m²
Apartment
Property type
+14 photos
Analysis
Price
€575.000
Own investment (30%)
€172.500
30% down payment of purchase price
Buyer costs
€57.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€1.073,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€124,17
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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€398,58
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€134,69
Municipal taxes for Estepona
Tax
(19%)
-€120,61
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
€126,61
High season
€167
Mid season
€123,92
Low season
€103
Price determining factors
- Proximity to the city center and amenities.
- Views from the terrace and overall modern design.
- Access to communal facilities like the pool and parking.
- Potential for rental income due to location and amenities.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €118 | Villacana Villa-holiday by the beach | 9.0 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 11.2 km |
| €125,60 | Modern Townhouse, roof terrace in Estepona OldTown | 0.4 km |
| €139 | Casa Relajante - big summer garden | 1.4 km |
| €286,80 | Beachfront BohoChic II Pool+DirectBeach+Parking | 3.2 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 17.7 km |
| €108,40 | Marbella Townhouse near Top Golf Courses | 18.9 km |
| €161,60 | Luxury Oasis at Alcazaba Lagoon | 7.1 km |
| €298,60 | Superb Townhouse in Golden Mile | 21.0 km |
| €124,71 | Casa Strandblick (Sea view villa) | 7.9 km |
Return & Value appreciation
Annual return
2.68%
5 Year Return
13.40%
10 Year Return
26.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment with recent renovations enhances value.
- Local market trends in 2027: Continued growth in Costa del Sol's real estate market driven by tourism and expatriate demand.
- Property type: Apartments in desirable locations tend to appreciate steadily, especially in popular tourist destinations.
- Economic outlook in 2027: Expected steady economic growth in Spain and the Eurozone supports property appreciation.
- Demographic developments: Increasing expatriate and retiree populations in Costa del Sol boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities will support property values.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen appliances and finishes to premium quality.
- Add smart home features for modern convenience.
- Improve outdoor spaces with landscaping or additional furniture.
- Enhance energy efficiency with solar panels or better insulation.
Description
Discover this stunning modern 2-bedroom, 2-bathroom apartment in Estepona, Spain, an ideal choice for those seeking a move-in-ready property on the Costa del Sol. Situated in the vibrant northern area of Estepona center, just steps from the Fairgrounds, this property seamlessly blends peaceful residential living with the lively spirit of the city. This new development boasts a spacious open-plan living area with a fully equipped American-style kitchen, perfect for contemporary living and entertaining. From the main bedroom, step out onto a generous open terrace offering panoramic views of Estepona’s charming cityscape — an ideal spot to unwind. The apartment features two modern bathrooms with high-quality finishes, ensuring comfort and style. Additional amenities include a dedicated parking space and a storage room within the same building, alongside access to a communal swimming pool for sunny days. Located in a rapidly growing area close to Estepona’s historic center, this property benefits from excellent transportation links to Marbella (25 minutes), Puerto Banús (18 minutes), Sotogrande (25 minutes), Málaga Airport (45 minutes), and Gibraltar (45 minutes). Whether you’re looking for your first home or a lucrative investment in Spain’s real estate market, this Estepona apartment offers a unique opportunity to enjoy the best of Costa del Sol living. Don’t miss out on owning a prime property in Estepona, Spain.
Location
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Nightly rates in the area
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