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Apartment in Estepona, 2 bedrooms, 145 m² €510.000

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2
Bedrooms
2
Bathrooms
145 m²
Surface area
€3517
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 145 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 145 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 145 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 145 m² - Afbeelding 3
+7 photos

Analysis

Price
€510.000
Own investment (30%)
€153.000
Buyer costs
€51.000
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€952
Maintenance costs
-€120,83
Cleaning costs
-€291,67
Platform fees
-€398,58
Municipal taxes
-€120,88
Tax (19%)
-€146,92
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 amenities and scenic views.
  • Quality of construction and finishes.
  • Accessibility to transport links.
  • Local development projects and urban planning.
  • Market demand for holiday rentals and second homes.

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

3.68%

5 Year Return

18.40%

10 Year Return

36.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern finishes can attract higher rental and resale value.
  • Local market trends in 2027: Growing demand for properties in Estepona due to tourism and expatriate influx.
  • Property type: Apartments in desirable locations tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain and the Costa del Sol region supports property appreciation.
  • Demographic developments: Increasing population of retirees and expatriates boosts demand.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities enhance property value.
  • Historical WOZ value trends: Consistent increase in property values in Estepona over recent years.

Possible improvements

  • Upgrade kitchen and bathroom fixtures.
  • Add smart home features.
  • Improve interior decor and furnishings.
  • Enhance outdoor space with landscaping or furniture.
  • Implement energy-efficient systems.

Description

Discover this bright and contemporary 2-bedroom, 2-bathroom apartment in Estepona, Spain, perfect for those seeking a stylish home on the Costa del Sol. Located in the vibrant northern area of Estepona center, just moments from the Fairgrounds, this new development combines peaceful residential living with easy access to the city's lively amenities. The spacious open-plan living area features a fully equipped American-style kitchen, creating a modern and inviting space filled with natural light. From the main bedroom, step out onto a large open terrace offering stunning panoramic views of Estepona’s picturesque skyline. The property boasts two sleek bathrooms with high-quality finishes, ensuring comfort and elegance. Included with the apartment are a designated parking space and a storage room within the same building, adding convenience for residents. Residents can also enjoy the communal swimming pool on sunny days, perfect for relaxation. Situated in a rapidly developing area of Estepona, the property offers excellent connectivity to nearby hotspots such as Marbella, Puerto Banús, Sotogrande, Málaga Airport, and Gibraltar, all within a short drive. This exceptional Estepona apartment presents a fantastic opportunity to own your first home or investment property on the Costa del Sol. Don’t miss out on this unique chance to enjoy the best of Spain’s Mediterranean lifestyle.

Location

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