Three-Bed Apartment with Income Potential in Estepona
€217,400
€2,787/m²
- 3
- Bedrooms
- 1
- Bathroom
- 78 m²
- Interior
- Apartment
- Type
- 28 Aug 2026
- Listed
The Habio take
This three-bedroom apartment in Estepona presents an attractive investment opportunity, currently generating rental income of €858 per month. Nestled in the heart of Estepona town, this property offers both immediate financial returns and long-term potential.
- investment
- city
- walkable
Highlights
- Three bedrooms
- Stable rental income of €858/month
- Long-term rental contract until 2029
- Price reduced from 01/04/2026
- Central Estepona location
Worth knowing
- Current rental contract until 2029 limits usage
- Third floor may not suit everyone
Good fit for: Ideal for investors seeking reliable rental income in a desirable location.
Lifestyle scores
- Beach
- 70
- Walkable
- 80
- Remote work
- 60
- Family
- 45
- Retirement
- 50
- Airport access
- 70
- Investment
- 75
- Luxury
- 50
- Value
- 65
About this place
This third-floor apartment in Estepona spans 78 m² and features three bedrooms and one bathroom. It is currently rented, with a contract signed in 2022 that runs until 2029, assuring the owner of consistent rental income with insurance backing this agreement.
The property is offered for sale at a price of €217,400, following a recent price reduction. Once the current rental contracts conclude, the buyer will have complete freedom to utilise the property as desired. As it stands, this apartment is well-situated in the vibrant heart of Estepona, providing convenient access to local amenities and the lively atmosphere of the town.
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
