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Apartment in Estepona, 3 bedrooms, 161 m² €495.000

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3
Bedrooms
3
Bathrooms
161 m²
Surface area
€3075
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 161 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 161 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 161 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 161 m² - Afbeelding 3
+21 photos

Analysis

Price
€495.000
Own investment (30%)
€148.500
Buyer costs
€49.500
Estimated nightly rate
€174,27
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€924
Maintenance costs
-€134,17
Cleaning costs
-€333,33
Platform fees
-€516,82
Municipal taxes
-€137,88
Tax (19%)
-€265,86
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€174,27
High season
€232
Mid season
€170,33
Low season
€140

Price determining factors

  • Proximity to beaches, supermarkets, and town center increases desirability.
  • Community amenities like pools, tennis courts, and private parking add value.
  • Recent renovations and modern interior features enhance attractiveness.
  • Sea and mountain views are highly sought after in this region.

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

6.87%

5 Year Return

34.35%

10 Year Return

68.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Recently renovated, modern features, high-quality appliances, and new fixtures enhance value and appeal.
  • Local market trends in 2027: Growing demand for seaside properties in Estepona and Costa del Sol, driven by tourism and expatriate influx.
  • Property type: Apartments in well-maintained complexes are desirable, especially with amenities and sea views.
  • Economic outlook in 2027: Expected steady growth in Spain's economy, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations seeking coastal living.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and leisure facilities in Estepona.
  • Historical WOZ value trends: Consistent increase in property values and local taxes, indicating rising market confidence.

Possible improvements

  • Adding a private jacuzzi or pool on the terrace.
  • Upgrading kitchen appliances or cabinetry for a more luxurious feel.
  • Enhancing outdoor space with landscaping or additional seating.
  • Installing smart home technology for convenience and security.

Description

Discover this stunning, recently renovated 3-bedroom, 3-bathroom apartment in Estepona, Spain, offering 170 m² of bright and spacious single-level living. Originally two units combined, this property provides privacy and comfort on the entrance level of a well-maintained 6-storey building, situated on the third floor with no neighbors directly above. The modern interior features a new kitchen equipped with Bosch and Siemens appliances, elegant granite countertops, new flooring, high ceilings, a new boiler, and UV-protected double-glazed windows throughout. The master suite boasts an en-suite bathroom and a walk-in closet, while a 12 m² covered private terrace offers tranquil sea and mountain views, perfect for relaxing or entertaining. Located in Estepona, this coastal apartment benefits from an east-facing orientation, ensuring plenty of natural light. The community amenities include a large summer pool, children’s pool, tennis courts, indoor meeting area, and BBQ/picnic zones. Two covered private parking spaces are included, with community fees covering gardening, cleaning, and pool maintenance. Just a 5-minute walk to the beach and supermarkets, and a 5-minute drive to Estepona town center, this spacious and quiet Estepona apartment presents an ideal opportunity for comfortable seaside living in Spain. Experience the best of Costa del Sol lifestyle with this key-ready property, perfect for those seeking a serene yet accessible home in Estepona, Spain.

Location

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