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Apartment in Estepona, 4 bedrooms, 135 m² €890.000

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4
Bedrooms
3
Bathrooms
135 m²
Surface area
€6593
Price per m²
Apartment
Property type
Apartment in Estepona, 4 bedrooms, 135 m² - Hoofdafbeelding
Apartment in Estepona, 4 bedrooms, 135 m² - Afbeelding 1
Apartment in Estepona, 4 bedrooms, 135 m² - Afbeelding 2
Apartment in Estepona, 4 bedrooms, 135 m² - Afbeelding 3
+23 photos

Analysis

Price
€890.000
Own investment (30%)
€267.000
Buyer costs
€89.000
Estimated nightly rate
€238,71
Expected occupancy rate
59%
Gross rental p/m
€0000
Mortgage costs
-€1.661,33
Maintenance costs
-€112,50
Cleaning costs
-€375
Platform fees
-€642,58
Municipal taxes
-€170,10
Tax (19%)
-€251,24
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€238,71
High season
€324
Mid season
€229,08
Low season
€162

Price determining factors

  • Proximity to amenities like marina, Old Town, and beaches.
  • Modern features and luxury finishes.
  • Shared amenities such as pools, gym, and gardens.
  • Underground parking and storage.
  • Potential for rental income from tourism and long-term tenants.

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

3.61%

5 Year Return

18.05%

10 Year Return

36.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern interiors with high-quality finishes enhance value.
  • Local market trends in 2027: Growing demand for luxury properties in Estepona due to tourism and expatriate influx.
  • Property type: Apartments in desirable locations tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain supports real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities can increase property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Adding smart home technology for increased appeal.
  • Upgrading kitchen appliances or finishes.
  • Enhancing outdoor space with landscaping or furniture.
  • Implementing energy-efficient upgrades to reduce costs.
  • Renovating bathrooms or bedrooms for a more contemporary look.

Description

Discover this elegant and modern elevated ground-floor apartment in the desirable area of Estepona, Spain. Featuring a spacious private terrace of 90 m² with partial sea views, this property offers a perfect blend of luxury and comfort. Located just a 10-minute walk from Estepona Marina and 20 minutes from the charming Old Town, it is ideal for those seeking a stylish home or a lucrative investment in Estepona, Spain. The apartment boasts four large bedrooms with fitted wardrobes, sleek white lacquered finishes, and versatile interior layouts. It includes two full bathrooms and a guest toilet, all equipped with designer sanitary ware, thermostatic taps, and resin shower trays with glass screens. The fully fitted kitchen, fitted with Siemens appliances such as a ceramic hob, oven, extractor hood, dishwasher, fridge, and washing machine, features contemporary countertops and chic upper and lower cabinets. Designed for comfort and efficiency, this Estepona property features ducted hot and cold air conditioning with thermostats, an aerothermal system for hot water, double-glazed aluminum windows with thermal breaks, and motorized blinds with thermal insulation in the living areas and bedrooms. Mechanical ventilation and LED lighting throughout enhance indoor air quality and energy efficiency, achieving an A rating. Residents enjoy exclusive communal amenities including swimming pools for adults and children, a fully equipped gym, sauna, landscaped gardens, bicycle storage, and an accessible lift. Additionally, two underground parking spaces and a large storage room are included, making this apartment ideal for families or investors looking for premium real estate in Estepona, Spain. This exceptional property combines modern design, premium features, and prime location, making it a standout choice for anyone interested in Estepona real estate in Spain.

Location

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