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Apartment in El Presidente, 2 bedrooms, 125 m² €495.000

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2
Bedrooms
2
Bathrooms
125 m²
Surface area
€
€3960
Price per m²
Apartment
Property type
Apartment in El Presidente, 2 bedrooms, 125 m² - Hoofdafbeelding
Apartment in El Presidente, 2 bedrooms, 125 m² - Afbeelding 1
Apartment in El Presidente, 2 bedrooms, 125 m² - Afbeelding 2
Apartment in El Presidente, 2 bedrooms, 125 m² - Afbeelding 3
+44 photos

Analysis

Price
€495.000
Own investment (30%)
€148.500
Buyer costs
€49.500
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€924
Maintenance costs
-€104,17
Cleaning costs
-€291,67
Platform fees
-€398,11
Municipal taxes
-€117,69
Tax (19%)
-€155,50
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€126,46
High season
€167
Mid season
€123,92
Low season
€104

Price determining factors

  • Proximity to beaches, restaurants, and amenities increases desirability.
  • High-quality communal facilities and security add value.
  • Location within a sought-after complex with amenities like pools and tennis courts.
  • Potential for rental income due to tourist influx and holiday demand.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

5.36%

5 Year Return

26.80%

10 Year Return

53.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, enhancing appeal and value.
  • Local market trends in 2027: Expected growth due to increasing tourism and demand for holiday rentals.
  • Property type: Apartments in a desirable complex tend to appreciate steadily, especially with amenities.
  • Economic outlook in 2027: Positive economic growth in Spain and Costa del Sol, supporting property appreciation.
  • Demographic developments: Growing expatriate and retiree populations increasing demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities boost property values.
  • Historical WOZ value trends: Consistent increase reflecting rising property values and local development.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade flooring and fixtures to increase luxury feel.
  • Enhance outdoor terrace with furniture or landscaping.
  • Implement energy-efficient appliances and solar panels.

Description

Discover this stunning top-floor apartment for sale in El Presidente, Spain, offering a prime south-facing position with abundant natural sunlight. This property features a welcoming entrance adorned with aromatic plants, leading into a spacious, light-filled living and dining area with large sliding glass doors that open onto a sun-drenched terrace—perfect for relaxing or entertaining. The master bedroom provides direct access to the terrace and includes an en-suite bathroom, while the second bedroom overlooks a charming pine forest, offering tranquility and scenic views. An additional bathroom serves as a guest toilet, complementing the fully equipped kitchen. Located in the desirable El Presidente complex, this apartment benefits from exclusive amenities such as a large parking area, five swimming pools—including one heated year-round—beautiful communal gardens with fountains, tennis and paddle courts, and 24-hour security. Its prime location in El Presidente, Spain, places you within walking distance of supermarkets, restaurants, the beach, and the new Estepona coastal path. Notably, renowned restaurants like Salduna are just 250 meters away. This property presents an exceptional investment opportunity for those seeking a seaside retreat or a permanent residence in Spain’s Costa del Sol. Don’t miss out on this fantastic opportunity to own a sunlit apartment in the sought-after El Presidente development.

Location

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