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Apartment in Estepona, 3 bedrooms, 123 m² €599.000

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3
Bedrooms
2
Bathrooms
123 m²
Surface area
€4870
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
+39 photos

Analysis

Price
€599.000
Own investment (30%)
€179.700
Buyer costs
€59.900
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.118,13
Maintenance costs
-€102,50
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€139,79
Tax (19%)
-€207,88
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, amenities, and transportation.
  • Quality of finishes and modern design.
  • Community facilities like pools and gyms.
  • Views of sea and mountains.
  • Potential for rental income from tourism.

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

4.44%

5 Year Return

22.20%

10 Year Return

44.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern finishes enhance value.
  • Local market trends in 2027: Expected growth due to tourism and expatriate influx.
  • Property type: Luxury penthouse in a sought-after area attracts premium buyers.
  • Economic outlook in 2027: Positive growth in Spain's economy supports property appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities increase desirability.
  • Historical WOZ value trends: Consistent increase indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and finishes.
  • Add smart home features for modern convenience.
  • Improve outdoor space with landscaping or additional features.
  • Renovate bathrooms for a more luxurious feel.
  • Enhance energy efficiency with solar panels or insulation.

Description

Discover this luxurious 3-bedroom penthouse in the sought-after Urbanización Acqua Gardens, located in the vibrant coastal town of Estepona, Spain. Perfectly positioned in the heart of Cancelada, this modern top-floor residence offers a blend of contemporary design and spacious living, ideal for those seeking a Mediterranean lifestyle with comfort and style. The well-designed layout includes three bright double bedrooms, with a serene master suite featuring a private en-suite bathroom. An additional full bathroom serves the remaining bedrooms and guests. Bright, high-quality finishes, large windows, and an open-plan living and dining area create a luminous, welcoming atmosphere. Step outside onto the impressive 31m² private terrace with partial sea and mountain views—perfect for outdoor dining, entertaining, or relaxing under the Andalusian sun. Practical amenities include underground parking and a private storage room. Residents enjoy access to on-site facilities such as a saltwater swimming pool, a fully equipped gym, a co-working space, and beautifully maintained gardens within a secure gated community. Located within walking distance of local amenities, charming cafés, shops, and just a 10-minute walk to the beach, this Estepona penthouse provides easy access to Marbella and Estepona’s renowned dining, shopping, and leisure venues. Whether seeking a permanent residence, holiday retreat, or investment opportunity, this property in Estepona offers exceptional value, luxury, and lifestyle in the heart of Spain’s Costa del Sol.

Location

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