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Apartment in Estepona, 2 bedrooms, 112 m² €395.000

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2
Bedrooms
2
Bathrooms
112 m²
Surface area
€
€3527
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 112 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 112 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 112 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 112 m² - Afbeelding 3
+20 photos

Analysis

Price
€395.000
Own investment (30%)
€118.500
Buyer costs
€39.500
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€737,33
Maintenance costs
-€93,33
Cleaning costs
-€291,67
Platform fees
-€398,11
Municipal taxes
-€96,44
Tax (19%)
-€197,07
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€126,46
High season
€167
Mid season
€123,92
Low season
€104

Price determining factors

  • Proximity to beaches and amenities
  • Quality of local schools and healthcare facilities
  • Accessibility and transportation links
  • Local safety and crime rates
  • Development of new commercial and recreational facilities

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

8.51%

5 Year Return

42.55%

10 Year Return

85.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern fixtures and finishes enhance value.
  • Local market trends in 2027: Expected growth due to tourism and expatriate demand.
  • Property type: Ground-floor apartment with private garden is desirable for certain buyers.
  • Economic outlook in 2027: Positive, with steady growth in Spain and Costa del Sol.
  • Demographic developments: Increasing expatriate and retiree population boosting demand.
  • Infrastructure plans in 2027: Improvements in transportation and amenities will support property values.
  • Historical WOZ value trends: Consistent appreciation in property taxes indicates rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures
  • Add smart home features for modern living
  • Enhance outdoor space with landscaping or a deck
  • Renovate bathrooms for a more luxurious feel
  • Improve energy efficiency with new windows or insulation

Description

Discover this stunning ground-floor apartment in Estepona, Spain, offering an ideal blend of contemporary elegance and Mediterranean charm. Perfectly located within a gated complex, this charming Estepona property features a spacious living area that seamlessly connects to a private terrace and lush garden, making it an inviting retreat in the heart of Costa del Sol.

Location

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