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Apartment in Estepona, 2 bedrooms, 84 m² €695.000

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2
Bedrooms
2
Bathrooms
84 m²
Surface area
€8274
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 84 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 84 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 84 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 84 m² - Afbeelding 3
+8 photos

Analysis

Price
€695.000
Own investment (30%)
€208.500
Buyer costs
€69.500
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€1.297,33
Maintenance costs
-€70
Cleaning costs
-€291,67
Platform fees
-€398,58
Municipal taxes
-€160,19
Tax (19%)
-€83,50
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 and amenities: Enhances attractiveness.
  • Quality of development: Modern, stylish design increases appeal.
  • Views and outdoor spaces: Panoramic views and terraces add value.
  • Local tourism growth: Increased visitor numbers support holiday rental income.
  • Economic stability: Strong local economy sustains property prices.

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

1.54%

5 Year Return

7.70%

10 Year Return

15.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern interiors enhance value.
  • Local market trends in 2027: Growing demand for coastal properties on the Costa del Sol.
  • Property type: Apartments in a boutique development attract premium buyers.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports property appreciation.
  • Demographic developments: Increasing number of retirees and expatriates seeking coastal living.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities boost desirability.
  • Historical WOZ value trends: Steady increase in property taxes indicating rising property values.

Possible improvements

  • Upgrade interior finishes and appliances.
  • Add smart home technology.
  • Enhance outdoor living spaces with landscaping or additional amenities.
  • Improve energy efficiency with solar panels or insulation.
  • Renovate bathrooms and kitchens for a more modern look.

Description

Discover an exclusive new development in Estepona, Spain, offering luxurious apartments with prices starting from €695,000 to €1,170,000. These stylish 2- and 3-bedroom apartments range from 84m2 to 130m2, perfect for those seeking modern coastal living on the Costa del Sol. Located just a short walk from the renowned Estepona port, this boutique, low-rise complex features 41 meticulously designed units across four blocks, providing a variety of layouts to suit couples, families, or investors looking for premium property in Spain. Residents enjoy proximity to Estepona's stunning blue-flag beaches and the vibrant Paseo Marítimo, ideal for leisurely strolls, jogging, or romantic evenings with panoramic views of Africa and Gibraltar. Estepona, known as 'The Garden of the Costa del Sol,' boasts colorful flowerbeds, charming cobbled streets, and a picturesque Old Town filled with whitewashed buildings and vibrant geraniums. This prime location combines tranquility with accessibility, making it a desirable investment opportunity in the Spanish real estate market. Whether seeking a permanent residence or a holiday home, this Estepona property offers exceptional lifestyle benefits in one of Spain's most sought-after coastal destinations.

Location

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