Short answer: in Estepona, a typical 80 m² flat has an average appraisal value of about €281,500 (2T 2026, 3,518 €/m²) and rents for about €669 a month (2024 median, 8.36 €/m²). The gross yield is 3.7% with 2024 price and rent, and 2.9% with the 2T 2026 price. Buying it with an 80% mortgage would take about €77,763 in savings.
That is 1.5 points below the median of the 306 municipalities with data (5.2%), and Estepona ranks 11th of 12 in the province of Málaga by gross yield.
Rent range (2024): median €675 a month (8.36 €/m²); half of the rented homes pay between €550 and €873 a month (6.58–10.98 €/m², 25th to 75th percentile). Homes analysed: 2,963 rented apartments declared for tax purposes; median size 90 m².
Price, rent and buying costs by flat size
The same price and rent per m² applied to four sizes. Costs are those of a resale home bought as an investment in Andalucía (general transfer tax rate, no main-home reductions) with an 80% mortgage.
| Size | Price (2T 2026) | Rent/month (2024) | Gross yield* | Buying costs | Savings needed |
|---|---|---|---|---|---|
| 60 m² | €211,100 | €502 | 2.9% | €16,471 | €58,691 |
| 80 m² | €281,500 | €669 | 2.9% | €21,463 | €77,763 |
| 100 m² | €351,800 | €836 | 2.9% | €26,449 | €96,809 |
| 120 m² | €422,200 | €1,003 | 2.9% | €31,442 | €115,882 |
Sources. Price: average appraisal value of free-market housing, municipalities over 25,000 inhabitants (table 4), Ministry of Housing and Urban Agenda (2T 2026; published on 17 September 2026), × size (rounded to €100). Rent: SERPAVI (Spanish State Rental Price Reference System), Ministry of Housing and Urban Agenda (MIVAU), using personal income tax (IRPF) returns and the Cadastre: database 2011-2024 (file «2026-03_09_bd_SERPAVI_2011-2024 - DEFINITIVO WEB_v2»), “Municipios” sheet, apartments in multi-family buildings (vivienda colectiva), municipality level, year 2024, published on 16 April 2026, × size. * Yield with the 2T 2026 price and 2024 rent (mixes years; with both 2024 figures it is 3.7%). “Savings needed” = 20% down payment + buying costs.
Simulate the buying costs Work out the net yield of this flat
Estepona compared with its province, region and Spain
| Area | Gross yield 2024 | Price €/m² (2T 2026) | Rent €/m² (2024) |
|---|---|---|---|
| Estepona | 3.7% | 3,518 | 8.36 |
| Median of Málaga (12 municipalities) | 4.1% | 3,436 | 8.72 |
| Median of Andalusia (53 municipalities) | 5.3% | 1,784 | 6.71 |
| Median of Spain (306 municipalities) | 5.2% | 2,053 | 6.82 |
Source: medians calculated by Ladrillómetro over the municipalities with more than 25,000 inhabitants that have official price and rent.
Median rent and rent range
| 2024 | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Rent per month | €550 | €675 | €873 |
| Rent per m² per month | €6.58 | €8.36 | €10.98 |
| 60 m² flat (estimate) | €395 | €502 | €659 |
| 80 m² flat (estimate) | €526 | €669 | €878 |
| 100 m² flat (estimate) | €658 | €836 | €1,098 |
Source: SERPAVI (Spanish State Rental Price Reference System), Ministry of Housing and Urban Agenda (MIVAU), using personal income tax (IRPF) returns and the Cadastre: database 2011-2024 (file «2026-03_09_bd_SERPAVI_2011-2024 - DEFINITIVO WEB_v2»), “Municipios” sheet, apartments in multi-family buildings (vivienda colectiva), municipality level, year 2024, published on 16 April 2026. Homes analysed: 2,963. The rows by size are a Ladrillómetro calculation (€/m² × size), not a published figure; monthly-rent and per-m² percentiles are computed separately, so they need not refer to the same flats.
| Area | Rent €/m² (2024) | Rent per month |
|---|---|---|
| Estepona | 8.36 | €675 |
| Median of Málaga (27 municipalities) | 8.11 | €580 |
| Median of Andalusia (191 municipalities) | 5.27 | €408 |
| Median of Spain (1,658 municipalities) | 5.81 | €450 |
Medians calculated by Ladrillómetro over the municipalities with at least 50 rented apartments in SERPAVI 2024 (not the official figure for the whole province or region).
Other municipalities in Málaga: Málaga (9.55 €/m², with yield) · Marbella (9.63 €/m², with yield) · Fuengirola (9.29 €/m², with yield) · Torremolinos (10.17 €/m², with yield) · Benalmádena (10.08 €/m², with yield) · Mijas (8.68 €/m², with yield) · Rincón de la Victoria (8.74 €/m², with yield) · Vélez-Málaga (6.84 €/m², with yield) · Ronda (5.10 €/m², with yield) · Antequera (5.50 €/m², with yield) · Manilva (8.13 €/m²) · Torrox (7.76 €/m²) · Alhaurín de la Torre (8.69 €/m², with yield) · Nerja (7.92 €/m²) · Alhaurín el Grande (6.61 €/m²) · Coín (5.95 €/m²) · Cártama (7.57 €/m²) · Algarrobo (8.11 €/m²) · Casares (10.29 €/m²) · Benahavís (10.77 €/m²) · Ojén (8.35 €/m²) · Álora (4.87 €/m²) · Mollina (4.36 €/m²) · Archidona (3.26 €/m²) · Campillos (4.07 €/m²) · Frigiliana (7.53 €/m²)