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Apartment in Estepona, 2 bedrooms, 150 m² €545.000

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2
Bedrooms
2
Bathrooms
150 m²
Surface area
€3633
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 150 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 150 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 150 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 150 m² - Afbeelding 3
+52 photos

Analysis

Price
€545.000
Own investment (30%)
€163.500
Buyer costs
€54.500
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€1.017,33
Maintenance costs
-€125
Cleaning costs
-€291,67
Platform fees
-€398,58
Municipal taxes
-€128,31
Tax (19%)
-€132,30
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 the beach and sea views: Highly desirable features that support higher price points.
  • Luxury amenities and development quality: Enhances property value and attractiveness.
  • Location within New Golden Mile: Prime area with high demand and limited supply.
  • Market demand for vacation rentals: Growing trend increasing rental income potential.

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

3.10%

5 Year Return

15.50%

10 Year Return

31.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, which supports value retention and growth.
  • Local market trends in 2027: Expected continued demand for beachfront properties in Estepona due to popularity and limited supply.
  • Property type: Luxury beachfront apartment, which generally appreciates well in high-demand coastal areas.
  • Economic outlook in 2027: Spain's economy is projected to recover steadily, boosting real estate investments.
  • Demographic developments: Increasing interest from international buyers and retirees seeking Mediterranean lifestyle.
  • 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 the Costa del Sol region.

Possible improvements

  • Renovate kitchen and bathrooms with modern fixtures.
  • Upgrade flooring and lighting for a more contemporary look.
  • Add smart home features for increased convenience and appeal.
  • Enhance outdoor space with landscaping or additional outdoor furniture.

Description

Discover an exceptional investment opportunity in Estepona, Spain, within the prestigious New Golden Mile. This stunning beachfront apartment in the renowned Mar Azul development offers the perfect blend of luxury, comfort, and exclusivity. Boasting a spacious two-bedroom, two-bathroom layout, the residence features a bright, open design with floor-to-ceiling windows and a large south-facing terrace overlooking the Mediterranean Sea. Experience seamless indoor-outdoor living with direct beach access and breathtaking sea views. Mar Azul is more than a residential complex; it epitomizes a luxurious lifestyle with amenities including tropical gardens, swimming pools, a spa, a gym, private security, and proximity to top golf courses, restaurants, and beach clubs. Located in Estepona's New Golden Mile, this property benefits from a tranquil, family-friendly environment while being close to Marbella’s vibrant scene. Ideal for both permanent residence and high-demand vacation rentals, this apartment offers excellent investment potential. Its unbeatable price, combined with its prime beachfront location and first-class amenities, makes it a once-in-a-lifetime opportunity to own a piece of paradise on the Costa del Sol. Whether seeking a permanent seaside home or a lucrative holiday rental, this Estepona property is the perfect choice to enjoy the Mediterranean lifestyle in Spain.

Location

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