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Apartment in Estepona, 2 bedrooms, 113 m² €525.000

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2
Bedrooms
2
Bathrooms
113 m²
Surface area
€4646
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 113 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 113 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 113 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 113 m² - Afbeelding 3
+19 photos

Analysis

Price
€525.000
Own investment (30%)
€157.500
Buyer costs
€52.500
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€980
Maintenance costs
-€94,17
Cleaning costs
-€291,67
Platform fees
-€398,58
Municipal taxes
-€124,91
Tax (19%)
-€145,90
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, golf courses, and local amenities increases desirability.
  • Modern amenities and communal facilities add value.
  • Potential for renovation or upgrades to increase appeal.

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

3.55%

5 Year Return

17.75%

10 Year Return

35.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern interiors and amenities support value appreciation.
  • Local market trends in 2027: Growing demand for coastal properties in Estepona due to tourism and lifestyle appeal.
  • Property type: Apartments in desirable locations tend to appreciate steadily, especially with amenities like pools and secure parking.
  • Economic outlook in 2027: Spain's economy is expected to recover and grow, boosting real estate investments.
  • Demographic developments: Increasing interest from expatriates and retirees enhances demand.
  • Infrastructure plans in 2027: Planned improvements in transport and local facilities will likely increase property values.
  • Historical WOZ value trends: Consistent increases in property taxes indicate rising property values.

Possible improvements

  • Upgrade kitchen and bathroom fixtures for modern appeal.
  • Add smart home features for convenience.
  • Enhance outdoor space with landscaping or outdoor furniture.
  • Implement energy-efficient solutions to reduce utility costs.

Description

Discover this stunning 2-bedroom mid-floor apartment in Estepona, Spain, offering the perfect blend of elegance, comfort, and coastal lifestyle. Ideal as a permanent residence or holiday retreat, this property features two spacious bedrooms and two modern bathrooms, providing ample space for relaxation and privacy. The open-plan living and dining area creates a welcoming atmosphere, seamlessly connecting to a private terrace where you can enjoy beautiful outdoor moments. Residents benefit from a dedicated garage space and secure storage for added convenience. Unique to this Estepona apartment is access to a exclusive communal swimming pool, designed for leisure and tranquility amidst lush surroundings. Located in a highly desirable area of Estepona, Spain, the property is close to vibrant local shops, charming cafes, and delightful restaurants, making everyday living effortless. The close proximity to pristine beaches and renowned golf courses enhances the coastal living experience, appealing to both investors and homeowners seeking a vibrant lifestyle. This Estepona apartment combines modern amenities with a prime location, offering a sophisticated and comfortable living environment in one of Spain’s most sought-after coastal towns.

Location

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