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Apartment in Estepona, 2 bedrooms, 68 m² €475.000

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2
Bedrooms
1
Bathrooms
68 m²
Surface area
€
€6985
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 68 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 68 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 68 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 68 m² - Afbeelding 3
+23 photos

Analysis

Price
€475.000
Own investment (30%)
€142.500
Buyer costs
€47.500
Estimated nightly rate
€108,33
Expected occupancy rate
71%
Gross rental p/m
€0000
Mortgage costs
-€886,67
Maintenance costs
-€56,67
Cleaning costs
-€291,67
Platform fees
-€350,92
Municipal taxes
-€113,44
Tax (19%)
-€121,62
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€108,33
High season
€140
Mid season
€106,50
Low season
€87

Price determining factors

  • Location in Old Town with sea views and proximity to beaches and amenities.
  • Tourist license enabling short-term rentals, increasing income potential.
  • Modern renovations and amenities, including air conditioning and private terraces.
  • High demand for holiday rentals and second homes 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

4.37%

5 Year Return

21.85%

10 Year Return

43.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which enhances value retention and appreciation.
  • Local market trends in 2027: Expected growth driven by tourism and international demand in Estepona.
  • Property type: Apartments in prime locations tend to appreciate steadily, especially with tourist license.
  • Economic outlook in 2027: Spain's economy is projected to recover and grow, supporting real estate appreciation.
  • Demographic developments: Increasing demand from expatriates and retirees boosts property values.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities support property appreciation.
  • Historical WOZ value trends: Consistent increase in property values in Estepona over the past decade.

Possible improvements

  • Upgrade kitchen appliances and fixtures to modern standards.
  • Enhance outdoor spaces with furniture or landscaping for better appeal.
  • Implement energy-efficient solutions to reduce utility costs.
  • Add smart home features for increased convenience and value.

Description

Discover this beautifully renovated boho rustic style apartment in the heart of Estepona, Spain. Located in a frontline beach building within the historic Old Town, this charming 2-bedroom, 1-bathroom property offers the perfect seaside retreat or investment opportunity. The open-plan kitchen and spacious living area are complemented by two private, covered terraces with lateral sea views, ideal for relaxing while overlooking the vibrant plaza square below, featuring restaurants, an ice cream shop, and easy access to nearby beach chiringuitos. Situated on the first floor, the apartment boasts modern amenities including central air conditioning, built-in wardrobes, and unobstructed sea vistas from the terraces. Its unbeatable location in Estepona provides immediate proximity to Rada Beach, the charming Old Town streets, and a scenic 15-minute walk along the pedestrian beachfront promenade to the picturesque port of Estepona. Excellent connectivity is ensured with quick access from the main highway, underground parking, and all essential shops and restaurants within walking distance. This property already holds a Tourist License, making it an attractive option for holiday rentals in Estepona, Spain. Whether seeking a holiday home or a lucrative rental investment, this Estepona apartment combines style, location, and functionality in one appealing package.

Location

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