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Apartment in Estepona, 2 bedrooms, 72 m² €399.000

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2
Bedrooms
1
Bathrooms
72 m²
Surface area
€
€5542
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 72 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 72 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 72 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 72 m² - Afbeelding 3
+23 photos

Analysis

Price
€399.000
Own investment (30%)
€119.700
Buyer costs
€39.900
Estimated nightly rate
€108,33
Expected occupancy rate
71%
Gross rental p/m
€0000
Mortgage costs
-€744,80
Maintenance costs
-€60
Cleaning costs
-€291,67
Platform fees
-€350,92
Municipal taxes
-€97,29
Tax (19%)
-€151,01
Cashflow p.m.
Earned back in
00months

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Nightly Rates

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

Price determining factors

  • Proximity to La Rada Beach and Estepona promenade: Enhances desirability.
  • Tourism appeal: High, supporting rental income and property value.
  • Property condition: Modern and well-maintained, attracting buyers and renters.
  • Local development projects: Planned upgrades to public spaces and infrastructure.
  • Economic factors: Stable local economy with growth in hospitality and services sectors.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

6.45%

5 Year Return

32.25%

10 Year Return

64.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, which supports steady appreciation.
  • Local market trends in 2027: Expected growth driven by tourism and international interest in Costa del Sol.
  • Property type: Beachfront apartments tend to appreciate faster due to high demand.
  • Economic outlook in 2027: Positive, with tourism and real estate sectors likely to grow.
  • Demographic developments: Increasing number of retirees and expatriates seeking seaside living.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and public services.
  • Historical WOZ value trends: Consistent increase reflecting rising property values in Estepona.

Possible improvements

  • Renovate kitchen and bathroom for modern appeal.
  • Add smart home features for convenience and security.
  • Upgrade terrace furniture and outdoor space.
  • Improve energy efficiency with new windows or insulation.
  • Enhance interior decor to increase aesthetic appeal.

Description

Discover this charming two-bedroom beachfront apartment in Estepona, Spain, situated just 50 meters from the pristine shores of La Rada Beach. Nestled within a prestigious beachfront building on the newly developed Estepona promenade, this property offers an unbeatable location in the heart of Estepona, perfect for holiday rentals or permanent seaside living. The spacious apartment features two comfortable bedrooms, a modern bathroom, an inviting living room, a fully equipped kitchen, a convenient utility room, and a generous terrace with stunning views of the mountains and the charming town of Estepona. Its prime position places you steps away from Estepona's top hotels, renowned restaurants, and vibrant beach bars, making it ideal for those seeking a lively yet relaxing lifestyle. Just a short walk from La Rada Beach, this property is perfect for sunbathers and water sports enthusiasts alike. Whether you're looking for a holiday investment or a permanent residence in Estepona, Spain, this apartment combines comfort, location, and spectacular seaside scenery. Experience the best of Costa del Sol living with this exceptional property in Estepona, Spain.

Location

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