Sunbound Spain

New build · Apartment · Estepona

Apartment with sea views in Estepona

€495,000

Bedrooms
2
Bathrooms
2
Built area
105 m²
Pool
Communal
Sea views
Yes
Beach
400 m
Airport
55 min (AGP)
Golf course
2.5 km
Orientation
S
Energy rating
A
Year built
2026
Community fees
€147 / month
IBI (property tax)
€594 / year

New build: apartment with 2 bedrooms and 2 bathrooms, 105 m² built. Communal pool. The beach is 0.4 km away.

  • Gym
  • Coworking space
  • Underground parking

Cadastral reference

1110866YH5014S0015OL

Nota simple (land registry extract)

On request

Purchase costs for this home

€100,000€5,000,000
Property type
Tax status
Extras

Total purchase costs

€62,827

12.69% of the price

Total investment€557,827
Cost breakdown
ItemAmount
Taxes
VAT (IVA) 10%€49,500
Stamp duty (AJD)€5,940
Fees
Notaryestimateincl. VAT€915
Land registryestimateincl. VAT€332
Lawyerestimateincl. VAT€5,990
NIE and bank accountestimate€150

Rates effective from 4/27/2021 · Indicative calculation, not tax or legal advice. Rates are being verified by a Spanish gestor; reduced rates (e.g. for young buyers or main residences) are not applied.

Financing

Estimate your monthly payment with a Spanish mortgage. We introduce you to the right mortgage adviser.

Banks usually lend non-residents up to 60–70%: plan for at least 30% of your own money plus ±10–13% purchase costs.

Monthly payment

€1,883

per month, interest and repayment

Loan amount
€321,750
Loan-to-value
65%
Total interest
€130,074
Net income needed per month
€5,379

Indicative calculation, not an offer. Banks assess income, age and property individually; rates change.

Estimated rental yield

6.19%

net per year (indicative)

Average weekly rent
€1,891
Weeks let per year
26
Gross income
€49,166 · 9.93%
Net after costs
€30,642

Holiday letting needs a tourist licence; this home does not have one (yet).

Estimate based on area, type, location and pool, after management, cleaning, IBI, community fees and utilities. Not a guarantee.

Let us manage the rental

What could this home earn?

Many buyers let their home when they are not using it. Alongside is a cautious estimate of the yield from holiday letting. If you wish, we take care of the licence, the guests and the management.