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Apartment in Estepona, 2 bedrooms, 133 m² €325.000

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2
Bedrooms
2
Bathrooms
133 m²
Surface area
€
€2444
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 133 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 133 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 133 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 133 m² - Afbeelding 3
+23 photos

Analysis

Price
€325.000
Own investment (30%)
€97.500
Buyer costs
€32.500
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€606,67
Maintenance costs
-€110,83
Cleaning costs
-€291,67
Platform fees
-€398,11
Municipal taxes
-€81,56
Tax (19%)
-€221,40
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 amenities and beaches: Enhances desirability.
  • Community features: Gardens, pool, secure environment attract buyers.
  • Renovation potential: Opportunity to upgrade and increase value.
  • Market demand: High demand for holiday and permanent residences in Estepona.

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

11.62%

5 Year Return

58.10%

10 Year Return

116.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Renovation and modernization can significantly increase property value.
  • Local market trends in 2027: Growing demand for renovated apartments in Estepona boosts appreciation.
  • Property type: Apartments in sought-after communities tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain supports real estate appreciation.
  • Demographic developments: Increasing population and demand for housing in Estepona.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Renovate and modernize the kitchen and bathrooms.
  • Upgrade flooring and fixtures for a contemporary look.
  • Improve outdoor spaces, such as terraces, with landscaping or furniture.
  • Add a third bedroom to increase functionality and value.
  • Implement energy-efficient solutions to reduce utility costs.

Description

Discover this exclusive apartment in the sought-after Flamingo Park community within El Paraiso, Estepona, Spain. Located just 5 minutes from San Pedro de Alcántara, this property offers convenient access to local amenities, including supermarkets, banks, pharmacies, and restaurants, all within walking distance. Nestled in a secure urbanization with lush gardens and a refreshing pool, this spacious 153 m² apartment features two terraces, totaling approximately 20 m², providing ample outdoor living space. The property includes a large entrance hall, a modern kitchen, a bright and airy living room with access to one terrace, a master bedroom with an en-suite bathroom and terrace, and a spacious guest bedroom. An additional third bedroom can be easily added with renovation, creating a versatile and functional layout. The apartment requires renovation and modernization, offering incredible potential to transform into a contemporary, large-scale residence—an ideal investment opportunity in Estepona, Spain. Included in the price is an underground parking space for added convenience. Whether you’re seeking a stylish renovation project or a spacious family home in Estepona, Spain, this property’s prime location and generous dimensions make it a standout choice. Contact us today to arrange a viewing and unlock the full potential of this exceptional Estepona apartment.

Location

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