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Apartment in Estepona, 2 bedrooms, 82 m² €429.000

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2
Bedrooms
2
Bathrooms
82 m²
Surface area
€
€5232
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 82 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 82 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 82 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 82 m² - Afbeelding 3
+12 photos

Analysis

Price
€429.000
Own investment (30%)
€128.700
Buyer costs
€42.900
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€800,80
Maintenance costs
-€68,33
Cleaning costs
-€291,67
Platform fees
-€398,11
Municipal taxes
-€103,66
Tax (19%)
-€188,39
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.
  • Quality of community facilities like pools and gardens.
  • Property features such as private terrace and underground parking.
  • Market demand for holiday and investment properties.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

7.49%

5 Year Return

37.45%

10 Year Return

74.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartment enhances value.
  • Local market trends in 2027: Growing demand for coastal properties on Costa del Sol.
  • Property type: Ground floor apartment with outdoor access is desirable.
  • Economic outlook in 2027: Stable to positive, supporting real estate growth.
  • Demographic developments: Increasing expatriate and retiree population.
  • Infrastructure plans in 2027: Improvements in transportation and amenities boost attractiveness.
  • Historical WOZ value trends: Consistent appreciation in property taxes indicates rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Modernize bathrooms for increased appeal.
  • Enhance outdoor space with landscaping or furniture.
  • Add smart home features for convenience.

Description

Discover this modern two-bedroom ground floor apartment in the sought-after region of Estepona, Spain, offering stunning west-facing views and abundant afternoon sunlight. Perfect for those seeking a comfortable and stylish residence in Estepona, Spain, this property boasts direct access to lush community gardens and a sparkling swimming pool, ideal for relaxing and entertaining. Both bedrooms feature fitted wardrobes, with the master bedroom enjoying an ensuite bathroom and exclusive access to a spacious private terrace—perfect for outdoor living and enjoying the pleasant Estepona climate. The open-plan lounge and fully equipped kitchen create a welcoming living space, ideal for family life or entertaining guests. Included with the property are an underground parking space and a storage room, providing convenience and security. Located in the vibrant region of Estepona, Spain, this apartment offers easy access to local amenities, beaches, and golf courses, making it an excellent choice for both full-time residents and holidaymakers. Whether you're seeking a permanent home or a lucrative investment in Estepona, Spain, this property combines comfort, style, and prime location in one attractive package. Don’t miss the opportunity to own this exceptional apartment in Estepona, Spain, a true gem on the Costa del Sol.

Location

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