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Apartment in Estepona, 3 bedrooms, 83 m² €385.000

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3
Bedrooms
1
Bathrooms
83 m²
Surface area
€
€4639
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 83 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 83 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 83 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 83 m² - Afbeelding 3
+8 photos

Analysis

Price
€385.000
Own investment (30%)
€115.500
Buyer costs
€38.500
Estimated nightly rate
€122,80
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€718,67
Maintenance costs
-€69,17
Cleaning costs
-€333,33
Platform fees
-€364,18
Municipal taxes
-€94,31
Tax (19%)
-€161,16
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€122,80
High season
€154
Mid season
€121
Low season
€96

Price determining factors

  • Location in Estepona, close to amenities and transport.
  • Modern features and recent renovations.
  • South-facing orientation providing natural light.
  • Proximity to beaches, shops, and schools.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

7.14%

5 Year Return

35.70%

10 Year Return

71.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern interior, recent renovations enhance value.
  • Local market trends in 2027: Expected steady growth due to tourism and urban development.
  • Property type: Apartment in a desirable location, appealing to both residents and investors.
  • Economic outlook in 2027: Positive, with growth in tourism and real estate sectors.
  • Demographic developments: Increasing demand from expatriates and retirees.
  • Infrastructure plans in 2027: Improvements in transport and amenities likely to boost property values.
  • Historical WOZ value trends: Consistent increase reflecting rising property prices.

Possible improvements

  • Adding a balcony or enlarging the terrace.
  • Upgrading kitchen and bathroom fixtures.
  • Installing smart home technology.
  • Enhancing energy efficiency with solar panels or better insulation.
  • Repainting and aesthetic upgrades to appeal to higher-end buyers.

Description

Discover this beautifully maintained middle-floor apartment in the heart of Estepona, Spain, perfect for those seeking a charming property on the Costa del Sol. Featuring three spacious bedrooms and a modern bathroom, this 83 m² residence offers comfortable living with a 6 m² private terrace ideal for relaxation and outdoor dining. Located in a vibrant urban setting, the apartment is close to shops, schools, and local amenities, making it an excellent choice for families or investors looking for a prime property in Estepona, Spain. The apartment boasts excellent condition and is equipped with sophisticated climate control systems, including hot and cold air conditioning, ensuring year-round comfort. Its south-facing orientation provides abundant natural light and beautiful urban views. Key features include fitted wardrobes, double glazing, fiber optic internet, and accessibility for people with reduced mobility. The fully fitted kitchen adds convenience, while the part-furnished interior allows for easy personalization. Residents benefit from nearby transport options, WiFi connectivity, and a courtesy bus service. Parking is available on the street, adding to the property's practicality. Situated close to churches and local transport links, this Estepona apartment offers a perfect blend of urban convenience and relaxed Costa del Sol lifestyle. Whether you’re seeking a permanent residence or a lucrative rental investment, this property in Estepona, Spain, is an exceptional opportunity to own a piece of the Costa del Sol’s vibrant real estate market.

Location

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