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Apartment in Estepona, 3 bedrooms, 217 m² €485.000

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3
Bedrooms
2
Bathrooms
217 m²
Surface area
€
€2235
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 217 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 217 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 217 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 217 m² - Afbeelding 3
+35 photos

Analysis

Price
€485.000
Own investment (30%)
€145.500
Buyer costs
€48.500
Estimated nightly rate
€164,03
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€905,33
Maintenance costs
-€180,83
Cleaning costs
-€333,33
Platform fees
-€493,94
Municipal taxes
-€115,56
Tax (19%)
-€240,14
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

  • Property condition: Modern and well-kept condition increases value.
  • Local market trends in 2027: Rising property prices driven by tourism and foreign investment.
  • Property type: Apartments in desirable communities tend to appreciate more.
  • Economic outlook in 2027: Economic stability and growth support higher property values.
  • Demographic developments: Growing expatriate community and retirees increase demand.
  • Infrastructure plans in 2027: Enhanced connectivity and local amenities boost property appeal.

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

8.44%

5 Year Return

42.20%

10 Year Return

84.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern finishes enhances value.
  • Local market trends in 2027: Growing demand for holiday and investment properties on Costa del Sol.
  • Property type: Apartments are popular among both tourists and residents, ensuring steady demand.
  • Economic outlook in 2027: Positive economic growth in Spain and the Eurozone supports property appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities increase attractiveness.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade energy-efficient features to reduce utility costs.
  • Enhance outdoor space with landscaping or additional amenities.
  • Implement smart home technology for added convenience.
  • Repaint and update interior decor to attract higher-end buyers.

Description

Discover this stunning 3-bedroom middle floor apartment in the highly sought-after Las Olas community in Estepona, Spain. Perfectly situated in La Gaspara, this spacious and modern residence offers spectacular open views and privacy, making it an ideal choice for buyers looking for a permanent home, holiday retreat, or investment property on the Costa del Sol. The bright interior features three bedrooms, including a master en-suite, and two bathrooms designed for comfort and convenience. The well-appointed kitchen comes with integrated appliances, complemented by high-quality finishes and double glazing throughout. An expansive south-facing terrace, partially covered, provides an excellent space for relaxation or entertaining, with unobstructed views over the International Football Training Grounds and nearby green zones, ensuring privacy and future-proofed scenery. Additional features include two private underground parking spaces, two spacious storage rooms, a modern laundry area, and energy-efficient design elements. The gated Las Olas community boasts lush gardens, a large communal pool, and a secure environment. Its prime location places you minutes from Estepona’s beautiful beaches, vibrant town center, and the new International Hospital. Golf enthusiasts will enjoy proximity to top courses such as Valle Romano, Azata, and Estepona Golf. Experience the best of Costa del Sol living with this impressive Estepona property offering excellent investment potential and lifestyle comfort.

Location

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