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Apartment in Estepona, 3 bedrooms, 98 m² €415.000

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3
Bedrooms
1
Bathrooms
98 m²
Surface area
€
€4235
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
+29 photos

Analysis

Price
€415.000
Own investment (30%)
€124.500
Buyer costs
€41.500
Estimated nightly rate
€122,80
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€774,67
Maintenance costs
-€81,67
Cleaning costs
-€333,33
Platform fees
-€364,18
Municipal taxes
-€100,69
Tax (19%)
-€146,93
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

  • Proximity to beaches, marina, and town center: High demand for properties in prime locations.
  • Renovation quality and modern features: Attractive to buyers and renters.
  • Local amenities and infrastructure: Enhances lifestyle appeal and property value.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

6.04%

5 Year Return

30.20%

10 Year Return

60.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Recently renovated to high standards, which enhances value and appeal.
  • Local market trends in 2027: Expected growth in coastal property demand due to tourism and urban development.
  • Property type: Apartments in desirable seaside locations tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe, supporting real estate investments.
  • Demographic developments: Increasing population and urbanization in Estepona and surrounding areas.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities, boosting property values.
  • Historical WOZ value trends: Consistent increase in property values in Estepona over the past decade.

Possible improvements

  • Adding a balcony or terrace to increase outdoor living space.
  • Upgrading kitchen appliances and finishes for higher appeal.
  • Enhancing energy efficiency with solar panels or additional insulation.
  • Adding smart home features for modern convenience.

Description

Discover this stunning 3-bedroom apartment in Estepona, Spain, perfectly situated just 200 meters from the beautiful beaches of Estepona and the scenic Estepona Viewpoint. Located within walking distance to Estepona Marina and the historic town center, this property offers the ideal blend of seaside tranquility and vibrant urban life. Conveniently close to supermarkets, schools, pharmacies, and renowned restaurants, this apartment provides exceptional lifestyle amenities. Just 80 km from Malaga Airport with excellent highway connections, it’s perfect for both residents and investors seeking a prime location in Estepona, Spain. Recently renovated to high standards, this modern apartment features a sleek, minimalist design with high-quality finishes. The spacious living-dining area connects seamlessly to a fully equipped kitchen with premium Balay appliances, making it ideal for entertaining. The three bedrooms include two large double rooms with built-in wardrobes and a guest bedroom, all designed for comfort and style. The luxurious bathroom boasts high-end fixtures, a shower, and contemporary finishes. Enhanced with upgraded electrical and plumbing systems, new woodwork, sliding doors, and acoustic and thermal insulated windows with electric blinds, this property ensures comfort and efficiency. Additional amenities include a storage room, communal gardens, and a swimming pool. This Estepona apartment presents a fantastic opportunity to enjoy the luxury of living near the vibrant center of Estepona, Spain, combining modern comfort with an unbeatable location. Whether for personal residence or investment, this property is a rare find in Estepona real estate.

Location

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