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Apartment in Estepona, 2 bedrooms, 119 m² €420.000

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2
Bedrooms
2
Bathrooms
119 m²
Surface area
€3529
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 119 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 119 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 119 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 119 m² - Afbeelding 3
+21 photos

Analysis

Price
€420.000
Own investment (30%)
€126.000
Buyer costs
€42.000
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€784
Maintenance costs
-€99,17
Cleaning costs
-€291,67
Platform fees
-€398,58
Municipal taxes
-€101,75
Tax (19%)
-€186,59
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 beaches, golf courses, and amenities increases desirability.
  • High-quality finishes and modern design attract higher rental and resale prices.
  • Community amenities and security add value.

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

5.68%

5 Year Return

28.40%

10 Year Return

56.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The property is newly built in 2022 with high-quality finishes, which positively impacts its value and attractiveness.
  • Local market trends in 2027: The Estepona real estate market is expected to remain strong due to its popularity as a coastal destination.
  • Property type: Modern apartments in a desirable complex tend to appreciate well, especially with amenities and location.
  • Economic outlook in 2027: Spain's economy is projected to grow steadily, supporting real estate investments.
  • Demographic developments: Increasing demand from expatriates and retirees in the Costa del Sol will likely boost property values.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities will enhance property appeal.
  • Historical WOZ value trends: Past trends show steady appreciation in property values in Estepona, indicating a healthy market.

Possible improvements

  • Adding smart home features for enhanced convenience.
  • Upgrading the kitchen appliances and fixtures.
  • Enhancing outdoor spaces with landscaping or additional features.
  • Installing energy-efficient systems to reduce utility costs.

Description

Discover the exceptional opportunity to own a modern ground-floor apartment in Estepona, Spain, within the prestigious Serenity Views complex. Priced at €420,000, this stylish residence features two spacious bedrooms and two contemporary bathrooms, including one with a relaxing bathtub and a sleek shower. The expansive living area seamlessly connects to a large terrace, perfect for outdoor living and entertaining. Complementing the living space are two terraces: an open outdoor area and an enclosed winter garden, ideal for enjoying the mild Estepona climate year-round. The property includes a private underground parking space and a convenient storage room, ensuring comfort and practicality. Built in 2022 with high-quality finishes, Serenity Views offers residents a serene environment with security, beautifully maintained communal gardens, and modern amenities. The complex’s prime location in Estepona provides easy access to stunning beaches, world-class golf courses, vibrant restaurants, and all essential services, making it an ideal choice for permanent residence, holiday home, or investment property with strong rental potential. Designed for comfort and convenience, this Estepona apartment combines contemporary style with natural beauty, making it a perfect haven in southern Spain. With a monthly community fee of €170, residents enjoy a peaceful lifestyle in one of Spain’s most sought-after coastal destinations.

Location

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