Investment Opportunity: Rented Three-Bed Apartment in Estepona
€204,000
€2,318/m²
- 3
- Bedrooms
- 1
- Bathroom
- 88 m²
- Interior
- Apartment
- Type
- 29 Aug 2026
- Listed
The Habio take
This three-bedroom apartment in Estepona offers a guaranteed rental income of €875 per month until May 2030, making it a promising investment opportunity. Situated just two streets from the beach, it provides a desirable coastal lifestyle in Málaga.
- beach
- investment
- coastal
Highlights
- Guaranteed rental income until May 2030
- Just two streets from the beach
- Freehold ownership after rental contracts ends
- Stable investment opportunity
- Potential for property renovation
Worth knowing
- No lift in the building
- Current tenants until May 2030
Good fit for: Ideal for investors looking for a guaranteed income stream.
Lifestyle scores
- Beach
- 80
- Walkable
- 60
- Remote work
- 50
- Family
- 60
- Retirement
- 60
- Airport access
- 70
- Investment
- 75
- Luxury
- 40
- Value
- 70
About this place
This three-bedroom, one-bathroom apartment in Estepona is currently rented out, presenting a hassle-free investment opportunity. The existing rental contract, which started in May 2023 and runs until May 2030, guarantees an income of €875 per month. The owner is selling the property with this contract in place due to personal circumstances.
The apartment is located in a building constructed in 1972, just two streets from the beach, offering easy access to coastal amenities. There is potential for renovation after the rental period ends to enhance the property's value before resale. Please note that this is a fourth-floor apartment with no lift.
Getting around
- Excellent water quality
Nearest beach · Playa el Cristo
~7 min drive · 2.7 km
Gibraltar (GIB)
~39 min drive · 43 km
Málaga-Costa del Sol (AGP)
~58 min drive · 81 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Estepona, Málaga, Spain
- Nearest airport
- Málaga (AGP)
- 66 km
- Also close
- Jerez de la Frontera (XRY)
- 87 km
- Nearest city
- Marbella
- 27 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
