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Apartment in Estepona, 2 bedrooms, 110 m² €775.000

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2
Bedrooms
2
Bathrooms
110 m²
Surface area
€7045
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 110 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 110 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 110 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 110 m² - Afbeelding 3
+27 photos

Analysis

Price
€775.000
Own investment (30%)
€232.500
Buyer costs
€77.500
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€1.446,67
Maintenance costs
-€91,67
Cleaning costs
-€291,67
Platform fees
-€398,58
Municipal taxes
-€177,19
Tax (19%)
-€47,78
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€126,61
High season
€167
Mid season
€123,92
Low season
€103

Price determining factors

  • Proximity to beaches and amenities: High demand for beachfront properties.
  • Tourism growth: Increased tourism boosts rental and resale value.
  • Local development projects: New commercial and recreational facilities enhance attractiveness.

Comparable accommodations

Rate Hotel / apartment Distance
€118 Villacana Villa-holiday by the beach 9.0 km
€139,40 Townhouse – 3 floors Close to the beach! 11.2 km
€125,60 Modern Townhouse, roof terrace in Estepona OldTown 0.4 km
€139 Casa Relajante - big summer garden 1.4 km
€286,80 Beachfront BohoChic II Pool+DirectBeach+Parking 3.2 km
€131,40 House 5 minutes from the beach, Puerto Banús and 5 golf courses 17.7 km
€108,40 Marbella Townhouse near Top Golf Courses 18.9 km
€161,60 Luxury Oasis at Alcazaba Lagoon 7.1 km
€298,60 Superb Townhouse in Golden Mile 21.0 km
€124,71 Casa Strandblick (Sea view villa) 7.9 km

Return & Value appreciation

Annual return

0.79%

5 Year Return

3.95%

10 Year Return

7.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which enhances value.
  • Local market trends in 2027: Expected growth in coastal property demand due to tourism and lifestyle appeal.
  • Property type: Beachfront apartments tend to appreciate faster due to location desirability.
  • Economic outlook in 2027: Positive economic growth in Spain and the Eurozone supports property appreciation.
  • Demographic developments: Increasing interest from expatriates and retirees boosts demand.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities could increase property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade flooring and fixtures to increase luxury perception.
  • Add smart home features for modern convenience.
  • Improve outdoor spaces, such as balcony or terrace, for better views and usability.

Description

Discover this beautifully renovated beachfront apartment in the heart of Estepona, Spain. Perfectly situated in this charming coastal town, this property offers stunning sea views and direct access to the sandy beaches of Estepona, making it an ideal retreat or investment opportunity in Spain's popular Costa del Sol. The apartment features two spacious bedrooms and two modern bathrooms, providing comfortable living spaces for residents or tenants. The open-plan living room seamlessly connects to a contemporary kitchen, creating a welcoming environment for relaxation and entertaining. Step out onto the private terrace and enjoy breathtaking views of the Mediterranean Sea, perfect for enjoying sunny Spanish mornings or evening sunsets. Located centrally in Estepona, this property offers easy access to local amenities, vibrant cafes, and cultural attractions, enhancing its appeal as a prime real estate investment in Estepona, Spain. Whether you’re seeking a permanent residence or a lucrative rental property, this beachfront apartment combines comfort, convenience, and excellent location. Don’t miss the opportunity to invest in this prime property in Estepona, Spain, renowned for its scenic beaches and lively atmosphere.

Location

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