A worked example

An Estepona flat, held, not flipped.

Illustrative model, not a client result and not a promise.

Estepona

Bought on paper at €410,000, with purchase costs and light works. Let long for eleven months. The net is ordinary. That is the point.

Price
€410,000
All-in cost
€482,850
Gross
€20,350
Net
€15,762
Net
3.3%

Before income tax and before financing.