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Apartment in Estepona, 4 bedrooms, 115 m² €379.000

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4
Bedrooms
2
Bathrooms
115 m²
Surface area
€3296
Price per m²
Apartment
Property type
Apartment in Estepona, 4 bedrooms, 115 m² - Hoofdafbeelding
Apartment in Estepona, 4 bedrooms, 115 m² - Afbeelding 1
Apartment in Estepona, 4 bedrooms, 115 m² - Afbeelding 2
Apartment in Estepona, 4 bedrooms, 115 m² - Afbeelding 3
+2 photos

Analysis

Price
€379.000
Own investment (30%)
€113.700
Buyer costs
€37.900
Estimated nightly rate
€220,82
Expected occupancy rate
59%
Gross rental p/m
€0000
Mortgage costs
-€707,47
Maintenance costs
-€95,83
Cleaning costs
-€375
Platform fees
-€594,42
Municipal taxes
-€93,04
Tax (19%)
-€398,44
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€220,82
High season
€301
Mid season
€211,92
Low season
€157

Price determining factors

  • Economic outlook in 2027: Positive growth in Spain and Costa del Sol region.
  • Demographic developments: Increasing expat and retiree population.
  • Infrastructure plans in 2027: Improvements in transportation and amenities.

Comparable accommodations

Rate Hotel / apartment Distance
€319 4 bed Villa in Nueva Andalucia - Heated Pool 18.9 km
€707,60 Luxury villa on beach. Puerto Banus walk 15 min 16.6 km
€567,60 Villa Tortuga Benamara 11.3 km
€598,80 Modern Golf Villa | Sea Views | Infinity Pool 10.4 km
€462,20 Family Beach Villa -Modern- Private pool -Estepona 2.1 km
€692,80 Golf & Seaview Villa with Heated Private Pool 4.2 km
€381,20 Beautiful villa with private pool 11.6 km
€322 Villa Sunlight near beach and Puerto Banus 15.1 km
€691,60 Nice villa with exceptional view to the sea! 15.6 km
€356,60 Villa with heated pool / Sea and Gibraltar view 15.8 km

Return & Value appreciation

Annual return

13.45%

5 Year Return

67.25%

10 Year Return

134.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Renovation can significantly increase value.
  • Local market trends in 2027: Expected growth due to tourism and expat demand.
  • Property type: Apartments in desirable areas tend to appreciate steadily.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Upgrade flooring and lighting to enhance brightness.
  • Add energy-efficient features to reduce utility costs.
  • Improve outdoor space or balcony for better outdoor living.

Description

Discover this spacious fourth-floor apartment in the desirable area of Estepona, Spain, offering breathtaking open views of the mountains and surrounding streets. Built in 1997, this 4-bedroom, 2-bathroom property boasts a generous 115 m² of living space, complemented by an 11 m² terrace perfect for enjoying the Mediterranean climate. Its bright and airy layout, featuring large rooms and ample natural light, sets it apart from newer developments. While the apartment requires renovation, this presents a prime opportunity for investors or homeowners to add value through modern upgrades. Located in the vibrant town of Estepona on the Costa del Sol, this property is ideally situated near shops, schools, and the sea, making it perfect for both long-term rentals and family living. Key features include a fully fitted kitchen, fitted wardrobes, air conditioning, and a lift for convenience. The property is fully furnished and ready for customization. This Estepona apartment is a rare find, offering excellent potential for resale with significant upside, a lucrative rental investment, or a spacious family residence. With such a large size, attractive views, and a prime location in Estepona, Spain, this property represents a smart investment opportunity for those seeking to own a piece of the Costa del Sol. Don’t miss out—properties like this, with its size, views, and location, are in high demand at the right price. Act quickly to secure this exceptional Estepona property and transform it into your dream home or a profitable investment.

Location

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