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Apartment in Estepona, 3 bedrooms, 90 m² €399.000

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3
Bedrooms
1
Bathrooms
90 m²
Surface area
€4433
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 90 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 90 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 90 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 90 m² - Afbeelding 3
+12 photos

Analysis

Price
€399.000
Own investment (30%)
€119.700
Buyer costs
€39.900
Estimated nightly rate
€123,06
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€744,80
Maintenance costs
-€75
Cleaning costs
-€333,33
Platform fees
-€364,95
Municipal taxes
-€97,29
Tax (19%)
-€155,35
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€123,06
High season
€155
Mid season
€120,92
Low season
€92

Price determining factors

  • Proximity to beaches and amenities: High desirability boosts property value.
  • Location on main street and second line of the beach: Prime location increases demand.
  • Property size and layout: Spacious apartments with good layouts are more attractive.
  • Condition of the property: Well-maintained units command higher prices.
  • Local economic conditions: Stable or growing local economy supports appreciation.

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

4.98%

5 Year Return

24.90%

10 Year Return

49.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with recent updates can attract higher rental income and resale value.
  • Local market trends in 2027: Continued demand for seaside properties on Costa del Sol, driven by tourism and expatriate influx.
  • Property type: Apartments in prime locations tend to appreciate faster due to high demand.
  • Economic outlook in 2027: Positive growth prospects for Spain and the Costa del Sol region, supporting property value increases.
  • Demographic developments: Growing expatriate and retiree populations increase demand for seaside residences.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and services enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Renovate kitchen and bathroom for modern appeal.
  • Repaint and update interior decor to enhance visual appeal.
  • Improve outdoor space with landscaping or furniture.
  • Upgrade fixtures and appliances to increase functionality and attractiveness.
  • Add smart home features for modern convenience.

Description

Discover a fantastic investment opportunity or a charming seaside residence in the heart of Estepona, Spain. This unique apartment on a main street offers unbeatable proximity to the beaches and vibrant pedestrian avenues of Estepona, making it an ideal choice for those seeking a property in one of Costa del Sol's most sought-after locations. Situated on a mezzanine floor, this 74 m² apartment features a spacious living-dining area filled with natural light, perfect for relaxing or entertaining. The fully equipped separate kitchen with an exterior window provides excellent ventilation and functionality. The property includes three generous bedrooms: a large master with built-in wardrobes, a bright second bedroom with expansive windows, and a third sizable room, complemented by a well-maintained full bathroom ready for immediate use. Its prime location on the second line of the beach ensures direct access to Estepona's beautiful coastline and effortless connectivity to the town’s main arteries. Just meters from supermarkets, shops, cafes, restaurants, educational centers, and leisure facilities, this apartment offers exceptional convenience. Whether as a permanent residence, a holiday retreat, or a profitable rental investment, this property provides great potential for value appreciation and short-term income. Featuring a strategic position in Estepona, Spain, this apartment is perfect for investors, families, or couples who desire seaside living near essential services and entertainment options. Don’t miss this opportunity to own a piece of the desirable Costa del Sol lifestyle.

Location

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