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Three-Bed Apartment with Guaranteed Rental Income in Estepona

€204,000€2,318/m²

Estepona, Málaga, Spain

  • 3

    bedrooms

  • 1

    bathroom

  • 88 m²

    interior

  • Apartment

    property type

  • 2 weeks ago

    listed

The Habio take

AI summary

This three-bedroom apartment in Estepona offers a guaranteed rental income of €875 per month until May 2030. Located just two streets from the beach, this property is an attractive investment option in a sought-after coastal area.

  • beach
  • investment
  • rental income

Highlights

  • Guaranteed rental income of €875/month until May 2030
  • Proximity to the beach, just two streets away
  • Freehold ownership with rental contracts
  • Potential for value enhancement after tenancy ends
  • Solid investment opportunity with existing insurance

Worth knowing

  • No lift access to the fourth floor
  • Existing rental contract must be respected until May 2030

Good fit for: Ideal for investors seeking steady rental income in a popular location.

Lifestyle scores

Beach
85
Walkable
65
Remote work
60
Family
65
Retirement
70
Airport access
70
Investment
75
Luxury
50
Value
80

About this place

This property is a three-bedroom, one-bathroom apartment situated in Estepona, Málaga. Currently rented out, the owner wishes to sell the property while respecting the existing rental contract, which ensures a monthly income of €875 until May 2030. Buying now allows you to enter the rental market in Spain with minimal hassle and a guaranteed return.

The apartment is located in a block dating back to 1972, positioned just two streets from the beach, making it a desirable spot for future tenants. After the rental contract concludes, potential owners may consider refurbishment options to enhance the property's value before reselling. It is noted that this apartment is on the fourth floor and does not have an elevator.

Where you’ll be

Estepona, Málaga, Spain

Location is approximate — exact address is confirmed by the agent.

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Buying property in Spain

Full guide →

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

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