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Apartment in Estepona, 2 bedrooms, 102 m² €749.000

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2
Bedrooms
2
Bathrooms
102 m²
Surface area
€7343
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 102 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 102 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 102 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 102 m² - Afbeelding 3
+11 photos

Analysis

Price
€749.000
Own investment (30%)
€224.700
Buyer costs
€74.900
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€1.398,13
Maintenance costs
-€85
Cleaning costs
-€291,67
Platform fees
-€398,58
Municipal taxes
-€171,66
Tax (19%)
-€59,32
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€126,61
High season
€167
Mid season
€123,92
Low season
€103

Price determining factors

  • Proximity to marina and amenities: Enhances desirability and value.
  • Views and outdoor space: Panoramic marina views and private roof terrace add premium value.
  • Property condition: Modern, renovated interiors support higher pricing.
  • Location: Prime location in Estepona with easy access to leisure, dining, and transport.
  • Economic factors: Regional economic stability, tourism growth, and foreign investment influence prices.

Comparable accommodations

Rate Hotel / apartment Distance
€118 Villacana Villa-holiday by the beach 9.0 km
€139,40 Townhouse – 3 floors Close to the beach! 11.2 km
€125,60 Modern Townhouse, roof terrace in Estepona OldTown 0.4 km
€139 Casa Relajante - big summer garden 1.4 km
€286,80 Beachfront BohoChic II Pool+DirectBeach+Parking 3.2 km
€131,40 House 5 minutes from the beach, Puerto Banús and 5 golf courses 17.7 km
€108,40 Marbella Townhouse near Top Golf Courses 18.9 km
€161,60 Luxury Oasis at Alcazaba Lagoon 7.1 km
€298,60 Superb Townhouse in Golden Mile 21.0 km
€124,71 Casa Strandblick (Sea view villa) 7.9 km

Return & Value appreciation

Annual return

1.01%

5 Year Return

5.05%

10 Year Return

10.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports value appreciation.
  • Local market trends in 2027: Expected growth in tourism and property demand in Estepona.
  • Property type: Luxury penthouse with unique features like a private roof terrace, appealing to high-end buyers.
  • Economic outlook in 2027: Positive economic growth in Spain and the Costa del Sol region, boosting property values.
  • Demographic developments: Increasing number of expatriates and retirees seeking coastal properties.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and services in Estepona.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Adding smart home technology for modern convenience.
  • Upgrading kitchen appliances or finishes for higher appeal.
  • Enhancing outdoor furniture and landscaping on the roof terrace.
  • Installing energy-efficient systems to reduce utility costs.
  • Renovating bathrooms or bedrooms for a more luxurious feel.

Description

Experience luxurious coastal living in this stunning 7th-floor penthouse apartment in Estepona, Spain, offering breathtaking marina views and a prime location just an 8-minute walk from Estepona's vibrant harbor. This modern Estepona penthouse boasts two spacious double bedrooms, including a master ensuite, and two contemporary bathrooms with walk-in showers, all recently renovated to high standards. The open-plan living area features a sleek, fully integrated kitchen with Bosch appliances, a stylish dining space, and a comfortable lounge that opens onto a south-facing terrace, perfect for enjoying the Mediterranean climate. Unique to this Estepona apartment is the expansive private roof terrace accessed via a charming spiral staircase from the kitchen. The terrace is ideal for entertaining with two seating zones, four sun loungers, a BBQ, and relaxing seating areas, offering panoramic views of Estepona marina and beyond. Modern comforts include fully integrated air conditioning and a designated parking space included in the property price. Located in the heart of Estepona, this property provides easy access to local supermarkets, restaurants, bars, and leisure facilities, making it an ideal holiday home or investment property with a holiday rental license available. Whether seeking a permanent residence or a lucrative rental opportunity, this Estepona apartment combines contemporary design, prime location, and scenic views, making it a perfect choice for those looking to enjoy the best of Costa del Sol living in Spain.

Location

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