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Apartment in Estepona, 3 bedrooms, 98 m² €320.000

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3
Bedrooms
2
Bathrooms
98 m²
Surface area
€
€3265
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 98 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 98 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 98 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 98 m² - Afbeelding 3
+8 photos

Analysis

Price
€320.000
Own investment (30%)
€96.000
Buyer costs
€32.000
Estimated nightly rate
€164,03
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€597,33
Maintenance costs
-€81,67
Cleaning costs
-€333,33
Platform fees
-€493,94
Municipal taxes
-€80,50
Tax (19%)
-€324,16
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

  • Proximity to beaches, marina, and town center: High desirability boosts property value.
  • Community amenities: Pool, parking, and scenic surroundings add value.
  • Renovation potential: Ability to modernize and customize increases appeal.
  • Local demand for rental properties: Strong rental market supports investment value.

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

17.27%

5 Year Return

86.35%

10 Year Return

172.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Renovations and upgrades can significantly increase property value.
  • Local market trends in 2027: A steady increase in demand for coastal properties in Estepona and Costa del Sol.
  • Property type: Apartments in desirable neighborhoods tend to appreciate well due to high demand.
  • Economic outlook in 2027: Continued growth in Spain's economy, especially in tourism and real estate sectors.
  • Demographic developments: Increasing influx of expatriates and retirees seeking Mediterranean lifestyle.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and local facilities.
  • Historical WOZ value trends: Consistent increase in property values and local taxes over recent years.

Possible improvements

  • Modernize kitchen and bathrooms.
  • Enhance outdoor space with landscaping or a terrace upgrade.
  • Upgrade flooring or lighting fixtures for a more contemporary look.
  • Implement energy-efficient solutions to reduce utility costs.

Description

Discover this spacious 3-bedroom apartment in the sought-after Seghers neighborhood of Estepona, Spain, nestled in the heart of the Costa del Sol. Perfectly situated just steps from the marina, pristine beaches, and the charming town center, this property offers excellent renovation potential to create a stunning residential home or a lucrative rental investment. Spanning 98 m², the apartment features bright, airy rooms including a full bathroom, a separate living room opening onto a terrace ideal for enjoying the Mediterranean climate, and a versatile kitchen ready for modern upgrades. Notable details include elegant marble flooring and a north-facing orientation that maximizes natural light throughout the day. The community provides amenities such as a refreshing swimming pool and private parking, ensuring comfort and convenience. Located in Estepona, known as the 'Garden of the Costa del Sol,' the Seghers area combines tranquility with proximity to essential amenities. Top local facilities include the renowned Colegio Internacional San José and Laguna Village Shopping Centre, both within easy reach. Excellent transport links connect Estepona with Marbella, Malaga, and other Costa del Sol destinations, with bus routes and a nearby train station in Fuengirola. Seghers is a highly desirable neighborhood, appreciated for its peaceful environment, scenic streets, and close-knit community. Whether you’re seeking a permanent residence or a smart investment opportunity in Estepona, this apartment offers the perfect blend of location, potential, and quality of life in Spain.

Location

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