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3
Bedrooms
3
Bathrooms
130 m²
Surface area
€
€3685
Price per m²
Apartment
Property type
+37 photos
Analysis
Price
€479.000
Own investment (30%)
€143.700
30% down payment of purchase price
Buyer costs
€47.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€175,01
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€894,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€108,33
{% 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
-€519,01
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€107,91
Municipal taxes for Estepona
Tax
(19%)
-€284,50
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
€175,01
High season
€230
Mid season
€171,08
Low season
€141
Price determining factors
- Proximity to beaches, golf courses, and amenities.
- Luxury features and recent renovations.
- High demand for vacation and holiday homes in Costa del Sol.
- Potential for rental income due to tourist influx.
Comparable accommodations
| 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
10.13%
5 Year Return
50.65%
10 Year Return
101.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The recent renovation enhances value and appeal.
- Local market trends in 2027: Growing demand for luxury properties in Costa del Sol.
- Property type: Duplex apartments are highly desirable for their space and privacy.
- Economic outlook in 2027: Stable economic growth in Spain and the Eurozone.
- Demographic developments: Increasing number of expatriates and retirees seeking properties in Spain.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Estepona.
- Historical WOZ value trends: Consistent appreciation in property taxes indicating rising property values.
Possible improvements
- Adding a private balcony or terrace to enhance outdoor living space.
- Upgrading kitchen appliances and fixtures for modern appeal.
- Implementing smart home technology for convenience.
- Enhancing landscaping and outdoor areas.
- Adding solar panels to improve energy efficiency.
Description
Discover this exceptional 3-bedroom, 3-bathroom duplex apartment for sale in the sought-after Cortijo del Mar development in Estepona, Spain. Perfectly situated in the heart of Costa del Sol, this spacious and luxurious property offers an ideal blend of comfort, style, and investment potential. The recently renovated apartment boasts expansive living areas, an open-concept kitchen with modern appliances, and three elegant bedrooms, each featuring en-suite bathrooms—highlighting the master suite with a relaxing whirlpool bath and separate shower. Residents of this Estepona property benefit from access to beautifully landscaped gardens, a large swimming pool, and an on-site restaurant, making it an ideal vacation or permanent residence. The apartment also includes a private garage and a storage room, ensuring convenience and security. Located in the vibrant Costa del Sol region, this Estepona apartment provides easy access to pristine beaches, renowned golf courses, and charming local amenities. Whether you’re seeking a luxurious holiday home or a valuable real estate investment in Spain, this property offers excellent value with high-quality finishes and a prime location. Don’t miss the opportunity to own a superb property in Estepona, Spain, that combines comfort, elegance, and outstanding amenities in one of the most desirable areas on the Costa del Sol.
Location
Nightly rates in the area
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