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Apartment in Estepona, 2 bedrooms, 156 m² €488.000

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2
Bedrooms
2
Bathrooms
156 m²
Surface area
€
€3128
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 156 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 156 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 156 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 156 m² - Afbeelding 3
+25 photos

Analysis

Price
€488.000
Own investment (30%)
€146.400
Buyer costs
€48.800
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€910,93
Maintenance costs
-€130
Cleaning costs
-€291,67
Platform fees
-€398,11
Municipal taxes
-€116,20
Tax (19%)
-€153,36
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 and amenities: High desirability increases property value.
  • Development of nearby areas: Urban expansion and new projects can elevate property prices.
  • Tourism growth: Rising tourist numbers support rental yields and property appreciation.

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

5.36%

5 Year Return

26.80%

10 Year Return

53.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern penthouse with recent renovations enhances value.
  • Local market trends in 2027: Expected continued growth driven by tourism and urban development.
  • Property type: Luxury penthouse in a sought-after location attracts high-end buyers.
  • Economic outlook in 2027: Positive economic growth in Spain and the Costa del Sol region supports property appreciation.
  • Demographic developments: Increasing demand from expatriates and retirees boosts market stability.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities increase attractiveness.

Possible improvements

  • Upgrade kitchen and bathrooms to modern standards.
  • Add smart home technology for increased convenience.
  • Enhance outdoor spaces with landscaping or additional features.
  • Improve energy efficiency with solar panels or better insulation.

Description

Discover this stunning modern penthouse in the prestigious Serenity Collection development, located in the vibrant seaside town of Estepona, Spain. This nearly new, fully furnished penthouse offers an exceptional living experience and excellent investment potential on the Costa del Sol. Featuring two spacious bedrooms, a bright living room with an open-plan kitchen, and two modern bathrooms, this property combines comfort with contemporary design. The penthouse boasts large terraces with glass railings, providing panoramic views of lush gardens and sparkling pools, perfect for relaxing or entertaining. Equipped with high-speed fiber optic internet, air conditioning throughout, an alarm system, and secure underground parking with a storage room, this residence offers all modern conveniences. The development’s amenities include a large communal pool and meticulously maintained gardens, creating a serene environment. Strategically situated within walking distance to Estepona’s beautiful beaches and a renowned private British school, this property appeals to families and investors alike. Excellent access to the A-7 motorway connects you effortlessly to Estepona’s town center, Marbella, and beyond, making commuting and travel convenient. Estepona’s booming real estate market, driven by high rental yields, increasing property values, and ongoing urban development, makes this penthouse a prime investment opportunity. Whether seeking a luxurious residence or a profitable rental property on the Costa del Sol, this Estepona penthouse offers unmatched quality and location in Spain.

Location

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