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Apartment in Estepona, 3 bedrooms, 123 m² €318.000

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3
Bedrooms
2
Bathrooms
123 m²
Surface area
€
€2585
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 123 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 123 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 123 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 123 m² - Afbeelding 3
+27 photos

Analysis

Price
€318.000
Own investment (30%)
€95.400
Buyer costs
€31.800
Estimated nightly rate
€164,03
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€593,60
Maintenance costs
-€102,50
Cleaning costs
-€333,33
Platform fees
-€493,94
Municipal taxes
-€80,08
Tax (19%)
-€321
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€164,03
High season
€220
Mid season
€160,58
Low season
€130

Price determining factors

  • Proximity to beaches and amenities: Enhances desirability.
  • Local development projects: New commercial centers and transport links.
  • Tourism growth: Boosts short-term rental potential.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

17.21%

5 Year Return

86.05%

10 Year Return

172.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained interior and recent renovations can boost ROI.
  • Local market trends in 2027: Growing demand for properties on Costa del Sol due to tourism and expatriate influx.
  • Property type: Duplex offers versatile living space, appealing to families and investors.
  • Economic outlook in 2027: Expected steady growth in Spain's economy, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations in Estepona.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities enhance property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade flooring and fixtures to increase attractiveness.
  • Add smart home features for convenience and modernity.
  • Improve outdoor spaces, such as terrace furniture or landscaping.

Description

Discover this stunning duplex in Valle Romano, Estepona, Spain — a perfect blend of comfort, style, and convenience on the Costa del Sol. Spanning 150 m², including a 123 m² interior and a 20 m² terrace, this property offers spacious living ideal for families or investors seeking a prime Estepona location. The ground floor features a modern, fully equipped kitchen, a generous living area that opens onto a charming terrace, a guest toilet, and a practical utility room. Upstairs, you'll find three inviting bedrooms, including a master en suite, and two full bathrooms, complemented by a second terrace perfect for enjoying the Mediterranean sun.

Location

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