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Apartment in Estepona, 2 bedrooms, 116 m² €390.000

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2
Bedrooms
2
Bathrooms
116 m²
Surface area
€3362
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 116 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 116 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 116 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 116 m² - Afbeelding 3
+21 photos

Analysis

Price
€390.000
Own investment (30%)
€117.000
Buyer costs
€39.000
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€728
Maintenance costs
-€96,67
Cleaning costs
-€291,67
Platform fees
-€398,11
Municipal taxes
-€95,38
Tax (19%)
-€198,41
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, amenities, and tourist attractions increases desirability.
  • Limited supply of high-quality apartments in prime locations.
  • Potential for rental income, which can drive property value.

Comparable accommodations

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

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

6.51%

5 Year Return

32.55%

10 Year Return

65.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, which supports steady appreciation.
  • Local market trends in 2027: Expected growth due to increasing demand for coastal properties in Costa del Sol.
  • Property type: Apartments in a desirable location tend to appreciate steadily, especially with sea views.
  • Economic outlook in 2027: Positive economic growth in Spain and the Eurozone, boosting real estate investments.
  • Demographic developments: Growing expatriate and retiree populations seeking coastal living.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property values in Estepona and surrounding areas.

Possible improvements

  • Upgrade kitchen appliances and fixtures to modern standards.
  • Enhance outdoor space with landscaping or additional seating.
  • Install smart home technology for added convenience.
  • Repaint and refresh interior decor to appeal to modern tastes.

Description

Discover this exquisite 2-bedroom, 2-bathroom apartment in Estepona, Spain, nestled within a secure gated community that offers unparalleled comfort and convenience. This modern coastal residence features a spacious open-plan living area that seamlessly connects to a large solarium with stunning sea views, perfect for relaxing or entertaining. Step onto the south-east facing terrace accessible from both the master bedroom and living room, and enjoy beautiful sunrise or sunset moments with a view of the Mediterranean. The master bedroom includes an en-suite bathroom for added privacy, while the second bedroom is conveniently situated near the family bathroom. A fully equipped separate kitchen caters to culinary enthusiasts, complemented by a practical open utility area that can be closed off for privacy. Designed for modern lifestyles, the apartment boasts fitted wardrobes and air conditioning throughout, ensuring comfort year-round. Residents benefit from lush gardens, a communal swimming pool, and 24-hour security, providing peace of mind. An underground parking space is included, adding to the property's appeal. Located just minutes from Puerto Banús and Estepona’s charming town center, this property is ideally positioned near shops, restaurants, bars, and the beach, perfect for those seeking a vibrant coastal lifestyle in Spain. This Estepona apartment is a prime opportunity for investors or buyers looking for luxury real estate in Spain’s Costa del Sol. Experience the best of seaside living with this exceptional property—schedule your viewing today!

Location

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