The Pearl, Estepona
- Properties From $276,650
- Tenure: Freehold
- Estimated Rental Return: 17%
- Completion: Q4 2025
- Estepona's popularity among tourists and expats has led to a growing demand for rental properties.
- Marbella has seen prices sky rocket in the last 10 years with many buyers moving a little further afield to find value. This means that there is still plenty of room for growth in the market, making Estepona a smart choice for investors.
- The Costa del Sol has a booming touristic market. Up to half of all property sales in Costa del Sol are foreign investments.
- The high demand for rental properties in Estepona, combined with low prices, results in strong rental yields, making it an attractive location for buy-to-let investors.
The Property
New Estepona resort with ground floor apartments with gardens, first floor apartments with terraces and second floor penthouses with solariums. Most of the properties have sea views.
The modern open-plan layout offers a stunning kitchen, integrated into a spacious living area. The kitchen includes a ceramic glass hob, electric oven, refrigerator, dishwasher, washer/sink, and a microwave. You will find motorized blinds in both the living room and the master bedroom. The bathrooms feature amazing rain-effect showers. The main bathroom has underfloor heating to keep your feet warm during the winter months. The properties also include a parking space and storage room. Communal facilities include swimming pool, gym, yoga area, gourmet room and gardens.
Why Spain?
- 87 million visitors per year
- 300 days of sunshine
- Low cost of living
Spain is considered one of the most attractive countries for real estate investments in Europe. In Spain, the demand for rental properties has increased by more than 10% year on year. An expanding market offers many advantages, such as a large number of potential customers, as well as less intense competition. According to a report published by the Central Bank of Spain in 2022, properties can expect a return of + 11.2%. The good news for international real estate cash-buyers: it should be easier to find properties as interest rates are rising. In 2019 (prior to Covid) Spain was the second most visited country in the world with 83.7 million visitors. Some of the world’s biggest REITs have turned their attention to developing luxury homes on the Costa del Sol due to the high ROI.
Est. Return
- Occupancy Rates: 60%*
- Est Revenue: $48,000*
- *Based on AirBnB data
Location
The Costa del Sol is a famous tourist and relocation destination due to its beautiful beaches coupled with fantastic year-round weather and climate. Estepona lies to the east of Marbella (one of the most expensive areas to buy property in Spain) offering good value for money in a calmer area. It is located by the Mediterranean sea and only a five minute drive to Estepona’s old town, which is considered one of the prettiest in Andalusia. There is an abundance of nearby services, including golf courses, sports centers, shopping malls, restaurants, beach clubs and hospital. The resort has easy access to all the major highways.
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