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Apartment in Estepona, 3 bedrooms, 112 m² €470.000

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3
Bedrooms
2
Bathrooms
112 m²
Surface area
€4196
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 112 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 112 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 112 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 112 m² - Afbeelding 3
+18 photos

Analysis

Price
€470.000
Own investment (30%)
€141.000
Buyer costs
€47.000
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€877,33
Maintenance costs
-€93,33
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€114,50
Tax (19%)
-€260,18
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 and urban centers: High demand area.
  • Community amenities: Pool, gardens, parking add value.
  • Property features: Modern kitchen, large terrace, natural light.
  • Location: Close to Marbella, Puerto Banus, Estepona, with good connectivity.

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

7.08%

5 Year Return

35.40%

10 Year Return

70.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern fixtures and appliances enhance value.
  • Local market trends in 2027: Expected continued growth in Costa del Sol's real estate market due to tourism and foreign investment.
  • Property type: Apartments in upscale urbanizations tend to appreciate steadily, especially with amenities.
  • Economic outlook in 2027: Spain's economy is projected to recover and grow, supporting real estate appreciation.
  • Demographic developments: Increasing expat and retiree populations boost demand for properties.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities support property values.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Renovate or upgrade kitchen appliances and fixtures.
  • Add smart home features for modern living.
  • Improve interior decor to enhance aesthetic appeal.
  • Install energy-efficient windows or solar panels.
  • Upgrade bathroom fixtures for a more luxurious feel.

Description

Discover an exceptional opportunity to own a stunning apartment in the highly desirable location of Estepona, Spain. This beautifully maintained property features a spacious open-plan living area with a modern kitchen fitted with premium German appliances, perfect for comfortable living or entertaining guests. Step out onto a generous 38m2 terrace facing a protected green area, ensuring unobstructed, panoramic views and tranquility. The apartment boasts three large bedrooms with ample wardrobe space, including a master suite with an en suite bathroom, all filled with natural light from floor-to-ceiling windows. The second bathroom offers a stylish Italian shower, adding to the home's luxurious feel. Situated in an upscale urbanization in tranquil Bel Air, this Estepona property offers convenient access to the stunning beaches of Costalita, just 15 minutes away, and a vibrant commercial area within 5 minutes, featuring supermarkets, restaurants, cafés, pharmacies, and banks—eliminating the need for a car. Located between Marbella and Puerto Banus (15 minutes) and close to central Estepona (10 minutes), this residence combines peaceful surroundings with prime connectivity. Community amenities include a beautifully maintained garden, a large swimming pool, underground parking, and a storage room—all included in the price. With a recent price reduction for quick sale, this Estepona apartment presents an excellent investment opportunity. Easy viewings available—don't miss out on owning this exceptional property in Spain’s Costa del Sol.

Location

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