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Apartment in Estepona, 1 bedrooms, 49 m² €311.500

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1
Bedrooms
1
Bathrooms
49 m²
Surface area
€
€6357
Price per m²
Apartment
Property type
Apartment in Estepona, 1 bedrooms, 49 m² - Hoofdafbeelding
Apartment in Estepona, 1 bedrooms, 49 m² - Afbeelding 1
Apartment in Estepona, 1 bedrooms, 49 m² - Afbeelding 2
Apartment in Estepona, 1 bedrooms, 49 m² - Afbeelding 3
+11 photos

Analysis

Price
€311.500
Own investment (30%)
€93.450
Buyer costs
€31.150
Estimated nightly rate
€85,41
Expected occupancy rate
70%
Gross rental p/m
€0000
Mortgage costs
-€581,47
Maintenance costs
-€40,83
Cleaning costs
-€291,67
Platform fees
-€272,78
Municipal taxes
-€78,69
Tax (19%)
-€105,09
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€85,41
High season
€109
Mid season
€84
Low season
€70

Price determining factors

  • Proximity to beach and amenities: Enhances desirability.
  • Location in Estepona: Prime location on Costa del Sol.
  • Property features: Modern, fully fitted kitchen, lift access, natural light.
  • Market demand: High for coastal apartments, especially in prime areas.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

5.75%

5 Year Return

28.75%

10 Year Return

57.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern interior, in excellent condition.
  • Local market trends in 2027: Expected growth due to tourism and urban development.
  • Property type: Popular holiday and investment property type, high demand.
  • Economic outlook in 2027: Positive, driven by tourism, real estate, and regional growth.
  • Demographic developments: Increasing expatriate and retiree population, boosting demand.
  • Infrastructure plans in 2027: Upgrades to transport, amenities, and coastal infrastructure.
  • Historical WOZ value trends: Consistent increase reflecting rising property values.

Possible improvements

  • Renovate unfurnished interior to increase appeal.
  • Add outdoor space or balcony if possible.
  • Upgrade kitchen appliances and fixtures.
  • Improve energy efficiency with solar panels or better insulation.

Description

Discover this stunning middle-floor apartment in the heart of Estepona, Spain, offering an exceptional opportunity for buyers seeking a modern residence on the Costa del Sol. This contemporary 1-bedroom, 1-bathroom property spans 49 square meters and is perfect for those looking for comfortable coastal living. Situated in a prime location, this Estepona apartment is just steps from the beach, with easy access to shops, schools, and the marina, making it ideal for both residents and investors alike. The apartment features a west-facing orientation, providing abundant natural light and beautiful street views. It is in excellent condition, meticulously maintained, and equipped with climate control systems including air conditioning with hot and cold options, ensuring year-round comfort. The building offers convenient lift access, and the apartment boasts fitted wardrobes, double glazing, and proximity to public transport, enhancing everyday convenience. The fully fitted kitchen is ready for immediate use, while the property remains unfurnished, allowing new owners to personalize their space. With its strategic location in Estepona, this property combines urban living with easy access to the beach, making it an attractive choice for those seeking a stylish, functional home or a lucrative investment in Spain’s vibrant Costa del Sol region. Experience the best of coastal living in Estepona, Spain, with this exceptional apartment offering modern amenities, prime location, and excellent potential for both lifestyle and rental income. Don't miss this opportunity to own a piece of the desirable Costa del Sol in Estepona, Spain.

Location

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