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Apartment in Estepona, 3 bedrooms, 120 m² €560.000

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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€4667
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
+32 photos

Analysis

Price
€560.000
Own investment (30%)
€168.000
Buyer costs
€56.000
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.045,33
Maintenance costs
-€100
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€131,50
Tax (19%)
-€223,76
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 marina, beaches, and old town: High desirability increases value.
  • Modern renovations and amenities: Attractive features for buyers and renters.
  • Community amenities: Pool, gardens, playground, and parking add value.

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

5.11%

5 Year Return

25.55%

10 Year Return

51.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-renovated and modern finishes enhance value.
  • Local market trends in 2027: Expected growth in Costa del Sol's real estate market due to tourism and expatriate influx.
  • Property type: Apartments in desirable locations tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports property appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Estepona.
  • Historical WOZ value trends: Consistent increase in property values in the region over recent years.

Possible improvements

  • Adding a balcony or extending the terrace for more outdoor space.
  • Upgrading kitchen appliances or finishes for higher appeal.
  • Installing smart home technology to modernize the property.
  • Enhancing energy efficiency with solar panels or better insulation.

Description

Discover this stunning 120 sqm fully renovated apartment in Estepona, Spain, offering modern elegance and exceptional comfort. Located in one of Estepona's most desirable areas, this fully furnished property combines high-quality finishes with a practical, stylish layout. Just a 1-minute walk from the marina and beaches, and only 5 minutes from Estepona's historic old town, it provides unparalleled access to the best of Costa del Sol living. The spacious, bright living room opens onto a private 7 sqm terrace with open views, perfect for relaxing or entertaining. The designer kitchen is fully equipped with top appliances and an integrated laundry area, seamlessly connected to the living space and terrace via a large breakfast peninsula. The apartment features three generous bedrooms, each with built-in wardrobes, ceiling fans, and efficient air conditioning. The master suite boasts an en-suite bathroom with a modern shower and balcony overlooking the complex’s interior. Two additional bedrooms share a fully renovated bathroom, both with exterior windows for excellent ventilation. The property includes an underground parking space. Residents enjoy access to communal amenities such as a swimming pool, landscaped gardens, a children’s playground, and an elevator, embodying the Mediterranean lifestyle. This Estepona apartment is an ideal primary residence, vacation home, or investment property, combining prime location, modern upgrades, and luxurious comfort in Spain’s sought-after Costa del Sol.

Location

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