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Apartment in Estepona, 3 bedrooms, 120 m² €475.000

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3
Bedrooms
3
Bathrooms
120 m²
Surface area
€
€3958
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 120 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 120 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 120 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 120 m² - Afbeelding 3
+25 photos

Analysis

Price
€475.000
Own investment (30%)
€142.500
Buyer costs
€47.500
Estimated nightly rate
€175,01
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€886,67
Maintenance costs
-€100
Cleaning costs
-€333,33
Platform fees
-€519,01
Municipal taxes
-€113,44
Tax (19%)
-€286,45
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€175,01
High season
€230
Mid season
€171,08
Low season
€141

Price determining factors

  • Proximity to amenities, beaches, and golf courses.
  • Views of mountains and cityscape.
  • Community amenities like pool and parking.
  • Condition of interiors and potential for upgrades.

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

10.28%

5 Year Return

51.40%

10 Year Return

102.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern apartment enhances value.
  • Local market trends in 2027: Expected growth due to tourism and expatriate influx.
  • Property type: Apartment in a desirable coastal area attracts buyers.
  • Economic outlook in 2027: Positive, with steady growth in Spain's economy.
  • Demographic developments: Increasing expat and retiree population boosts demand.
  • Infrastructure plans in 2027: Improvements in transportation and amenities support value growth.
  • Historical WOZ value trends: Consistent increase indicating rising property values.

Possible improvements

  • Renovate bathrooms and kitchen for modern appeal.
  • Upgrade interior finishes and fixtures.
  • Enhance outdoor terraces with furniture or landscaping.
  • Implement energy-efficient systems to reduce costs.

Description

Discover this spacious and modern apartment in the highly desirable Estepona Puerto area of Estepona, Spain. Situated within a secure, gated community, this property offers tranquility and peace of mind, perfect for those seeking a luxurious coastal lifestyle. The apartment boasts three bedrooms and three bathrooms, complemented by three open terraces that provide breathtaking panoramic views of the surrounding mountains and vibrant cityscape of Estepona. The fully equipped and stylish kitchen, along with air conditioning throughout, ensures comfort and convenience. Residents enjoy exclusive access to fantastic community amenities, including a pristine swimming pool, dedicated storage, and a garage with parking space. Located close to essential amenities, this Estepona apartment provides easy access to local shops, restaurants, schools, golf courses, and the bustling port. Its prime position in Estepona, Spain, makes it an ideal investment for those wanting to enjoy the best of Costa del Sol living. Whether you're seeking a permanent residence or a holiday retreat, this property combines modern comfort with the charm of Estepona, offering the perfect base to explore all that this beautiful coastal town has to offer. Experience the vibrant lifestyle of Estepona with this exceptional apartment in Spain.

Location

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