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Apartment in Estepona, 3 bedrooms, 124 m² €669.000

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3
Bedrooms
124 m²
Surface area
€5395
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 124 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 124 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 124 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 124 m² - Afbeelding 3
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Analysis

View Report
Price
€669.000
Own investment (30%)
€200.700
Buyer costs
€66.900
Estimated nightly rate
€169,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.248,80
Maintenance costs
-€103,33
Cleaning costs
-€333,33
Platform fees
-€502,11
Municipal taxes
-€154,66
Tax (19%)
-€190,98
Earned back in

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Nightly Rates

Estimated nightly rate
€169,31
High season
€221
Mid season
€165,67
Low season
€135

Price determining factors

  • Proximity to beaches and amenities: High desirability.
  • Quality of communal facilities: Adds value for residents.
  • Location in Estepona: Popular tourist and expatriate destination.
  • Property features: Modern appliances, private terraces, parking.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

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

3.65%

5 Year Return

18.25%

10 Year Return

36.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained new development enhances value.
  • Local market trends in 2027: Continued growth in Costa del Sol's real estate market.
  • Property type: Modern apartments attract high demand.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe.
  • Demographic developments: Increasing expatriate and retiree population.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities.
  • Historical WOZ value trends: Steady increase indicating rising property values.

Possible improvements

  • Upgrade interior finishes to premium materials.
  • Add smart home technology for modern appeal.
  • Enhance outdoor spaces with landscaping or additional features.
  • Improve energy efficiency with solar panels or insulation.

Risk assessment

Overall risk: Low
Criterion Level Score Explanation
Location quality Low 15 Prime coastal location with excellent amenities and connectivity.
Tenant demand Low 20 High demand from both investors and holidaymakers.
Cash flow stability Low 25 Steady rental income expected due to high occupancy rates.

Description

Experience luxurious living in this exclusive new development in Estepona, Spain, offering modern 2 to 4-bedroom homes designed for comfort and style. These spacious residences range from 124m2 to 164m2 and are priced from €669,000, making them an ideal choice for investors and those seeking a second home in the Costa del Sol. Each property features high-end kitchens equipped with Siemens and Bosch appliances, private outdoor terraces, and access to premium communal amenities such as heated indoor pools, dedicated pools for adults and children, lush gardens, a coworking area, and a social club with a kitchen and putting green—perfect for relaxing or entertaining guests. Every home comes with a private parking space and storage room, ensuring convenience for residents. Situated in the charming coastal town of Estepona, the properties enjoy proximity to pristine beaches, a lively marina, and a historic old town filled with vibrant bars and restaurants. Estepona, renowned for its authentic Spanish charm and year-round sunshine, is a prime location for property investment in Spain, offering excellent rental potential and a high quality of life. With nearby Málaga Airport providing seamless connectivity, these homes represent an exceptional opportunity to enjoy the Mediterranean lifestyle in one of Spain’s most sought-after destinations.

Location

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