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Apartment in Estepona, 2 bedrooms, 125 m² €399.000

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2
Bedrooms
2
Bathrooms
125 m²
Surface area
€
€3192
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 125 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 125 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 125 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 125 m² - Afbeelding 3
+13 photos

Analysis

Price
€399.000
Own investment (30%)
€119.700
Buyer costs
€39.900
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€744,80
Maintenance costs
-€104,17
Cleaning costs
-€291,67
Platform fees
-€398,11
Municipal taxes
-€97,29
Tax (19%)
-€193,43
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, golf courses, and amenities increases desirability.
  • Views of mountains, sea, and golf courses add premium value.
  • Community amenities like pools and secure parking enhance attractiveness.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

8.27%

5 Year Return

41.35%

10 Year Return

82.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports value appreciation.
  • Local market trends in 2027: Expected growth due to increasing tourism and demand for luxury properties in Estepona.
  • Property type: Penthouse apartments tend to appreciate faster due to exclusivity and views.
  • Economic outlook in 2027: Spain's economy is projected to recover steadily, boosting real estate demand.
  • Demographic developments: Growing expatriate and retiree populations seeking luxury coastal living.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities will enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

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

Description

Experience luxurious living in this stunning penthouse in Estepona, Spain, offering panoramic views of the Sierra Bermeja mountains, lush golf courses, and the Mediterranean Sea. Ideally situated just minutes from Playa de Guadalobón and the renowned Hotel H10 Estepona Palace, this modern, fully renovated penthouse combines tranquility with convenient access to Estepona's vibrant amenities. Nestled between prestigious Valle Romano and Azata Golf courses, it’s perfect for golf enthusiasts and nature lovers alike. Spanning 135m² on a single level, this southeast-facing property is flooded with natural light, highlighting its sleek, contemporary kitchens and bathrooms. The open-plan living and dining area provides a welcoming space for relaxation and entertaining, while the master suite offers a peaceful retreat with built-in wardrobes and a luxurious whirlpool bath. Step outside onto the spacious terrace and enjoy breathtaking views of the mountains, fairways, and the Mediterranean Sea—ideal for unwinding or hosting gatherings. The community amenities include two adult swimming pools, a children’s pool, lush gardens, secure underground parking, elevator access, and a versatile community room. Short-term rentals are permitted, making this property a fantastic investment opportunity in Estepona, Spain. Whether seeking a permanent residence, holiday home, or lucrative rental property, this penthouse offers exceptional comfort, stunning vistas, and a prime location in one of Spain’s most desirable coastal towns.

Location

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