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Apartment in Estepona, 1 bedrooms, 43 m² €320.000

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1
Bedrooms
1
Bathrooms
43 m²
Surface area
€7442
Price per m²
Apartment
Property type
Apartment in Estepona, 1 bedrooms, 43 m² - Hoofdafbeelding
Apartment in Estepona, 1 bedrooms, 43 m² - Afbeelding 1
Apartment in Estepona, 1 bedrooms, 43 m² - Afbeelding 2
Apartment in Estepona, 1 bedrooms, 43 m² - Afbeelding 3
+20 photos

Analysis

View Report
Price
€320.000
Own investment (30%)
€96.000
Buyer costs
€32.000
Estimated nightly rate
€85,41
Expected occupancy rate
70%
Gross rental p/m
€0000
Mortgage costs
-€597,33
Maintenance costs
-€35,83
Cleaning costs
-€291,67
Platform fees
-€272,78
Municipal taxes
-€80,50
Tax (19%)
-€102,68
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€85,41
High season
€109
Mid season
€84
Low season
€70

Price determining factors

  • Proximity to beaches, shops, and amenities.
  • Quality of complex amenities like pools and playgrounds.
  • Property size and layout.
  • Views and natural light.
  • Potential for rental income.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

Rate Hotel / apartment Distance
€108,60 Casares, attached cottage, pool, gardens, views 14.1 km
€149 Enchanting tower in Gaucín with lovely pool 18.4 km
€62,80 "La Parra", rural tourism. Your home in paradise. 21.3 km
€55 Casa El Olivo Benalauría by CasaTuristica. 21.3 km
€62,80 Hamamas, a home in the heart of the Genal. 22.7 km
€108,80 An ideal country house for couples to get away. 22.7 km
€141,60 Cottage in beautiful area with use of pool 1.8 km
€102,80 Cabins among chestnut trees: Mirlo Blanco 17.7 km
€87,20 Governor's House 15.8 km
€84 Old Town 𖤓 Walk to Beach 𖤓 Roof Terrace 𖤓 0.2 km

Return & Value appreciation

Annual return

4.10%

5 Year Return

20.50%

10 Year Return

41.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartment enhances value.
  • Local market trends in 2027: Expected growth due to tourism and expatriate influx.
  • Property type: Apartments in coastal areas tend to appreciate with demand.
  • Economic outlook in 2027: Positive, driven by tourism, real estate, and regional development.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Improvements in transport, amenities, and connectivity support appreciation.
  • Historical WOZ value trends: Consistent increase indicating rising property values.

Possible improvements

  • Renovate kitchen and bathroom for modern appeal.
  • Add smart home features.
  • Enhance outdoor space with landscaping or furniture.
  • Upgrade fixtures and appliances.
  • Improve energy efficiency.

Description

Discover this modern one-bedroom apartment in the newly developed Atica residential complex, ideally situated in Estepona, Spain. Spanning 43 square meters with a 12 square meter terrace, this bright and spacious property offers contemporary living in a vibrant coastal setting. Located on the raised ground floor, the apartment features open views and abundant natural light, creating a welcoming atmosphere. The apartment comes with a dedicated parking space and a storage room, providing added convenience for residents. The Atica complex boasts excellent amenities, including a swimming pool and a children's playground, making it perfect for families or investors seeking a rental property. Its prime location in Estepona, within walking distance to shops, schools, the town theater, and the beach, enhances its appeal for year-round living or holiday rentals. Whether you're looking for a stylish home or a profitable investment in Estepona, Spain, this property offers exceptional value. Schedule a viewing today with keys available for access and experience the best of Costa del Sol living.

Location

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