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Apartment in Estepona, 2 bedrooms, 128 m² €495.000

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2
Bedrooms
2
Bathrooms
128 m²
Surface area
€
€3867
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 128 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 128 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 128 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 128 m² - Afbeelding 3
+54 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
-€106,67
Cleaning costs
-€291,67
Platform fees
-€398,11
Municipal taxes
-€117,69
Tax (19%)
-€155,03
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.
  • High-quality architectural design and modern features.
  • Location within a well-established neighborhood with good infrastructure.
  • Potential for rental income from tourism and long-term tenants.

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

5.34%

5 Year Return

26.70%

10 Year Return

53.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern interiors increase value.
  • Local market trends in 2027: Growing demand for coastal properties on Costa del Sol.
  • Property type: Apartments in a desirable location attract higher appreciation.
  • Economic outlook in 2027: Positive economic growth in Spain and the Eurozone supports property appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Planned improvements to transportation and amenities enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Upgrade interior finishes and appliances to premium brands.
  • Add smart home features for increased modern appeal.
  • Enhance outdoor living spaces, such as terraces or balconies.
  • Improve energy efficiency with solar panels or better insulation.
  • Landscaping and aesthetic enhancements to common areas.

Description

Discover exceptional new apartments in Estepona, Spain, with prices ranging from €495,000 to €850,000. These modern 2-3 bedroom residences, each offering 2 bathrooms and spacious living areas from 128m2 up to 383m2, are situated in a tranquil, low-rise residential development just 1 km from the stunning Estepona beaches. Located in a well-established neighborhood, the complex is adjacent to a school, a park, a sports center with soccer fields, and a hospital, providing convenience and comfort for residents. Enjoy easy access to supermarkets, restaurants, bars, and pharmacies within walking distance. Perfectly positioned near the golf course (50 meters), the development offers peaceful surroundings away from busy traffic, with quick connections to the A7 highway—only 5 minutes to Estepona’s charming historic center and port, 15 minutes to Puerto Banus, and 20 minutes to Marbella. Malaga Airport and Gibraltar are within a 45-minute drive. The property boasts stunning sea, golf, and mountain views, complemented by premium amenities including a communal swimming pool, landscaped gardens, underground parking with 80 spaces, and individual storage rooms. Designed by an experienced architect, the apartments feature large, modern terraces and thoughtfully planned layouts that stand out from competitors. The development’s prime location, competitive pricing, and high-quality architectural design make these Estepona apartments an ideal investment opportunity in Spain’s Costa del Sol. Construction begins in November 2024, with completion scheduled for November 2026.

Location

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