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Apartment in Estepona, 3 bedrooms, 110 m² €695.000

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3
Bedrooms
2
Bathrooms
110 m²
Surface area
€6318
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 110 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 110 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 110 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 110 m² - Afbeelding 3
+20 photos

Analysis

Price
€695.000
Own investment (30%)
€208.500
Buyer costs
€69.500
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.297,33
Maintenance costs
-€91,67
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€160,19
Tax (19%)
-€172,02
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€163,38
High season
€221
Mid season
€159,92
Low season
€129

Price determining factors

  • Proximity to beaches, marina, and city center increases desirability.
  • Modern amenities and secure community features add value.
  • Potential for rental income due to tourist demand.
  • High-quality interior design and spacious layout appeal to buyers.

Comparable accommodations

Rate Hotel / apartment Distance
€185 Entire House with Terrace in Marbella 21.4 km
€382,40 Three bed house with pool 50 metres from the beach 16.5 km
€175 Chic 3BR Townhouse on the Beach + Pool + Parking 10.5 km
€281,20 Ocean Front Villa w/Private Pool 10.5 km
€421 Calm Villa · Private Infinity Pool 7.9 km
€159,80 Lucia's home, beach and mountains. 11.3 km
€294,40 Villa with pool near the beach for families 3.8 km
€195,20 Justine's Houses - Casa Carmen 18.0 km
€125,60 Beautiful house with a private pool. 18.5 km
€147,20 Casa Azul 18.6 km

Return & Value appreciation

Annual return

3.17%

5 Year Return

15.85%

10 Year Return

31.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern interiors and high-quality materials support value appreciation.
  • Local market trends in 2027: Continued demand for coastal properties in Estepona and Costa del Sol.
  • Property type: Apartments in gated communities are popular among investors and holidaymakers.
  • Economic outlook in 2027: Spain's economy is expected to grow steadily, supporting real estate investments.
  • Demographic developments: Increasing expatriate and retiree population seeking Mediterranean lifestyle.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property values and local taxes indicate rising demand.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade flooring or fixtures to increase luxury feel.
  • Add smart home technology for convenience and modernity.
  • Improve outdoor spaces or terrace with landscaping or furniture.

Description

Discover this elegant and spacious 3-bedroom apartment in the prestigious Las Mesas urbanization, located in the heart of Estepona on the Costa del Sol, Spain. Perfect for those seeking a luxurious permanent residence, a lucrative investment, or a charming holiday home by the sea, this property offers the ideal Andalusian lifestyle. The modern apartment features three bright bedrooms, two bathrooms, a generous living area opening onto a large terrace with scenic views, and a fully equipped kitchen with contemporary appliances. Designed with high-quality materials and light-toned interiors, it exudes comfort and elegance. Situated within the secure and gated Las Mesas community, residents enjoy exclusive amenities such as underground parking, a fitness gym, lush green communal areas, and a refreshing swimming pool. Located just minutes from Estepona’s pristine beaches, vibrant marina, and bustling city center, this property provides unparalleled access to Spain’s sun-kissed coast. Excellent connectivity via the AP-7 highway allows easy travel to Marbella, Puerto Banús, and Málaga Airport. This Estepona apartment is a prime example of Costa del Sol real estate, combining modern comfort with a coveted location in Spain’s top holiday and investment destination. Whether you're looking to enjoy Spain’s Mediterranean climate year-round or capitalize on the area's booming property market, this property in Estepona offers exceptional value and lifestyle opportunities.

Location

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