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Apartment in Estepona, 3 bedrooms, 275 m² €650.000

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3
Bedrooms
3
Bathrooms
275 m²
Surface area
€2364
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 275 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 275 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 275 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 275 m² - Afbeelding 3
+29 photos

Analysis

Price
€650.000
Own investment (30%)
€195.000
Buyer costs
€65.000
Estimated nightly rate
€174,27
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.213,33
Maintenance costs
-€229,17
Cleaning costs
-€333,33
Platform fees
-€516,82
Municipal taxes
-€150,62
Tax (19%)
-€190,42
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

  • Prime location near beaches, golf courses, and Marbella.
  • High-end amenities and gated community security.
  • Proximity to luxury shopping, dining, and leisure facilities.
  • Desirable south-facing orientation with garden views.
  • Potential for rental income due to high demand for holiday rentals.

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

3.75%

5 Year Return

18.75%

10 Year Return

37.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, likely to attract premium buyers.
  • Local market trends in 2027: Expected to remain strong due to high demand for luxury properties in Costa del Sol.
  • Property type: Luxury apartment in a prestigious community, which tends to appreciate well.
  • Economic outlook in 2027: Positive growth expected in Spain and Costa del Sol, supporting property appreciation.
  • Demographic developments: Increasing number of affluent retirees and expatriates settling in the area.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities, boosting property value.
  • Historical WOZ value trends: Consistent increase over the past years, indicating a stable appreciation trend.

Possible improvements

  • Renovate and modernize the kitchen and bathrooms.
  • Upgrade air conditioning systems for energy efficiency.
  • Enhance outdoor living spaces with new furniture or landscaping.
  • Add smart home features for increased convenience and security.
  • Implement eco-friendly upgrades to appeal to environmentally conscious buyers.

Description

Discover this stunning luxury apartment in Alhambra del Golf, a prestigious gated community nestled in the coveted Guadalmina Baja area of Estepona, Spain. Just minutes from the pristine beaches of Guadalmina and Casasola, this residence offers the perfect blend of tranquility and convenience. Located near La Alhambra paddle tennis club and the exclusive Guadalmina shopping center, residents enjoy top-tier amenities, fine dining, and vibrant cafés. With Marbella and Puerto Banús only a 10-minute drive, this property is ideally situated for those seeking the best of Costa del Sol living. The apartment boasts a south-facing orientation, overlooking lush tropical gardens and an expansive pool area that mimics a beach setting. The spacious, luminous living room features a cozy fireplace, dining space, and seamless access to a wrap-around terrace with panoramic garden views. The fully equipped kitchen includes high-end appliances and a separate laundry area. Three en suite bedrooms, two with private terrace access, provide comfort and privacy. Additional features include hot and cold air conditioning, ensuring year-round comfort. Set within a beautifully maintained Mediterranean Arabic-style gated complex, this exclusive community offers privacy, security, and a serene environment for discerning buyers. Ideal for those seeking a luxurious residence in Estepona, Spain, this property combines prime location, elegant design, and exceptional amenities—making it a perfect investment or permanent home in the heart of Costa del Sol.

Location

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