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Apartment in Estepona, 2 bedrooms, 73 m² €315.000

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2
Bedrooms
1
Bathrooms
73 m²
Surface area
€4315
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 73 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 73 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 73 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 73 m² - Afbeelding 3
+23 photos

Analysis

Price
€315.000
Own investment (30%)
€94.500
Buyer costs
€31.500
Estimated nightly rate
€109,33
Expected occupancy rate
70%
Gross rental p/m
€0000
Mortgage costs
-€588
Maintenance costs
-€60,83
Cleaning costs
-€291,67
Platform fees
-€349,17
Municipal taxes
-€79,44
Tax (19%)
-€182,15
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€109,33
High season
€140
Mid season
€107,42
Low season
€90

Price determining factors

  • Proximity to beaches and town center: High desirability increases value.
  • Sea views: Premium feature that enhances property worth.
  • Urbanization amenities: Pool, parking, and scenic views add value.
  • Property adaptability: Can be converted back to a residence or kept as an office, broadening appeal.

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

7.40%

5 Year Return

37.00%

10 Year Return

74.00%

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 to be positive due to increasing demand for coastal properties.
  • Property type: Versatile apartment suitable for both residence and investment.
  • Economic outlook in 2027: Favorable, with tourism and expatriate interest likely to boost property values.
  • Demographic developments: Growing expatriate community and local population increase demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property appeal.
  • Historical WOZ value trends: Consistent increase indicating rising property values in Estepona.

Possible improvements

  • Renovate the kitchen to modern standards.
  • Restore the outdoor terrace to outdoor living space.
  • Upgrade bathroom fixtures for a more luxurious feel.
  • Improve storage solutions within the apartment.
  • Enhance energy efficiency with new windows or insulation.

Description

Discover this prime 2-bedroom corner apartment in the heart of Estepona, Spain, offering unmatched convenience and stunning sea views. Perfectly situated within a sea-front urbanization in Estepona, this property places you just a short walk from the vibrant town center, beaches, excellent restaurants, bars, schools, and all essential amenities. Whether you're seeking a permanent residence or an investment opportunity in Estepona, this versatile property ticks all the boxes. Currently utilized as a doctor's office, this adaptable space can easily be transformed back into a comfortable home or continue serving as a professional office. The spacious bedrooms feature built-in wardrobes and air conditioning, providing comfort and ample storage. The modernized bathroom adds a touch of elegance, while the kitchen, currently used as a storage area, can be renovated to meet your culinary needs. The bright, expansive living room offers plenty of natural light, and the enclosed terrace was originally an outdoor space, now converted into a reception area—easily reversible to restore the terrace for outdoor enjoyment. Residents can enjoy amenities such as a swimming pool, parking, and breathtaking sea views within this sought-after Estepona urbanization. This property in Estepona, Spain, presents an exceptional opportunity to own a versatile, well-located apartment with stunning sea vistas, perfect for those wanting to embrace the relaxed Costa del Sol lifestyle or make a smart investment in Estepona real estate.

Location

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