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Apartment in Estepona, 2 bedrooms, 90 m² €390.000

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2
Bedrooms
2
Bathrooms
90 m²
Surface area
€
€4333
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 90 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 90 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 90 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 90 m² - Afbeelding 3
+27 photos

Analysis

Price
€390.000
Own investment (30%)
€117.000
Buyer costs
€39.000
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€728
Maintenance costs
-€75
Cleaning costs
-€291,67
Platform fees
-€398,11
Municipal taxes
-€95,38
Tax (19%)
-€202,52
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, amenities, and transport links.
  • Views of sea and mountains.
  • Community facilities and security features.
  • Potential for short-term rental income.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

8.86%

5 Year Return

44.30%

10 Year Return

88.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, increasing attractiveness for renters and buyers.
  • Local market trends in 2027: Expected growth in tourism and real estate demand in Estepona.
  • Property type: Apartments in high-demand coastal area tend to appreciate steadily.
  • Economic outlook in 2027: Spain's economy is projected to recover and grow, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transport and amenities enhance property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Upgrade kitchen and bathroom fixtures.
  • Enhance outdoor spaces or balcony.
  • Modernize interior decor for a contemporary look.
  • Add smart home features for convenience.

Description

Discover this stunning 2-bedroom, 2-bathroom apartment in Estepona, Spain, offering an exceptional investment opportunity with touristic license and short-term rental permission. Nestled within a secure gated community, this bright and spacious property boasts south–south-west facing windows, providing all-day sunshine and breathtaking panoramic views of the sea and mountains. Residents enjoy beautifully maintained gardens, two large swimming pools with cascading waterfalls, and access to luxury amenities such as fully equipped gyms, saunas, and extensive communal spaces. The apartment includes a private underground parking space, a sizable storage unit, and ample guest parking, making it perfect for both owners and visitors. Conveniently located near shops, local amenities, and a new wellness center featuring tennis and padel courts, this Estepona property offers an unparalleled lifestyle in one of Spain’s most sought-after coastal towns. Well-connected by public transport, with a bus stop at the end of the road linking to Estepona’s vibrant city center and Puerto Banús, this property is ideal for holiday rentals or permanent residence. Invest in this prime Estepona real estate and enjoy the excellent rental potential, stunning views, and luxurious community facilities that make this apartment a true gem in the Spanish property market.

Location

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