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Apartment in Selwo, 3 bedrooms, 87 m² €589.000

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3
Bedrooms
2
Bathrooms
87 m²
Surface area
€6770
Price per m²
Apartment
Property type
Apartment in Selwo, 3 bedrooms, 87 m² - Hoofdafbeelding
Apartment in Selwo, 3 bedrooms, 87 m² - Afbeelding 1
Apartment in Selwo, 3 bedrooms, 87 m² - Afbeelding 2
Apartment in Selwo, 3 bedrooms, 87 m² - Afbeelding 3
+16 photos

Analysis

Price
€589.000
Own investment (30%)
€176.700
Buyer costs
€58.900
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.099,47
Maintenance costs
-€72,50
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€133,41
Tax (19%)
-€218,34
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€163,38
High season
€221
Mid season
€159,92
Low season
€129

Price determining factors

  • Proximity to beaches, golf courses, and amenities.
  • Luxury amenities and modern furnishings.
  • Potential for rental income and tourism demand.
  • Development of Selwo area and new commercial facilities.

Comparable accommodations

Rate Hotel / apartment Distance
€378,33 Casa Calma ǀ Private Pool ǀ Close to Beach + Golf 21.6 km
€185 Entire House with Terrace in Marbella 14.6 km
€382,40 Three bed house with pool 50 metres from the beach 10.1 km
€175 Chic 3BR Townhouse on the Beach + Pool + Parking 4.3 km
€140,40 TOWNHOUSE Old Town Marbella Large Rooftop Terr! A 18.4 km
€281,20 Ocean Front Villa w/Private Pool 4.3 km
€421 Calm Villa · Private Infinity Pool 15.0 km
€159,80 Lucia's home, beach and mountains. 16.9 km
€294,40 Villa with pool near the beach for families 3.7 km
€195,20 Justine's Houses - Casa Carmen 21.1 km

Return & Value appreciation

Annual return

4.74%

5 Year Return

23.70%

10 Year Return

47.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and modern, likely to attract tenants and buyers.
  • Local market trends in 2027: Expected growth due to ongoing development and increasing demand for luxury properties.
  • Property type: High-demand apartment in a prime location, favorable for appreciation.
  • Economic outlook in 2027: Positive, with growth in tourism and real estate sectors.
  • Demographic developments: Increasing expatriate and retiree populations seeking luxury living.
  • Infrastructure plans in 2027: Improved transportation and amenities, boosting property values.
  • Historical WOZ value trends: Consistent increase, indicating rising property values.

Possible improvements

  • Adding smart home technology for increased appeal.
  • Upgrading kitchen and bathroom fixtures.
  • Enhancing outdoor spaces or adding a private garden.
  • Implementing energy-efficient systems to reduce utility costs.

Description

Discover modern living in this stunning new apartment located in Selwo on the New Golden Mile of Estepona, Spain. Situated within the prestigious Oasis 325 complex, this property offers luxurious amenities including two outdoor swimming pools, a wellness spa with an indoor pool, a state-of-the-art gym, a dedicated co-working area, and premium concierge services. The spacious three-bedroom, two-bathroom apartment features an open-plan living area that seamlessly connects to a large terrace, showcasing picturesque views of lush gardens and surrounding mountains—perfect for relaxing or entertaining. The fully equipped kitchen comes with high-quality appliances, and the apartment is elegantly furnished and decorated, ready for immediate move-in. Additional features include a private storage room and underground parking, ensuring convenience and security. Ideally located next to Resina Golf Country Club and the Atlas American School, this property is perfect for permanent residence, golf enthusiasts, or a profitable investment opportunity with rental yields of up to 7% for both long-term and short-term rentals. The thriving Selwo area is rapidly developing, with amenities like paddle courts, a soon-to-be-open Mercadona supermarket, and close proximity to beautiful beaches, beach restaurants, clubs, and Hospiten Hospital—all within a five-minute drive. This Selwo apartment in Spain offers an exceptional blend of luxury, convenience, and investment potential, making it an ideal choice for discerning buyers seeking a prime property on the New Golden Mile.

Location

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