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Apartment in Estepona, 2 bedrooms, 86 m² €530.000

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2
Bedrooms
2
Bathrooms
86 m²
Surface area
€6163
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 86 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 86 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 86 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 86 m² - Afbeelding 3
+50 photos

Analysis

Price
€530.000
Own investment (30%)
€159.000
Buyer costs
€53.000
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€989,33
Maintenance costs
-€71,67
Cleaning costs
-€291,67
Platform fees
-€398,58
Municipal taxes
-€125,12
Tax (19%)
-€148,36
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 Mediterranean Sea and amenities: Enhances desirability and value.
  • Tourist license: Boosts rental income potential and attractiveness for investors.
  • Renovated terrace and modern features: Adds to property appeal and market 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

3.58%

5 Year Return

17.90%

10 Year Return

35.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports steady appreciation.
  • Local market trends in 2027: Expected growth due to increasing tourism and demand for holiday rentals.
  • Property type: Ground-floor apartment with a terrace and tourist license, highly desirable for short-term rentals.
  • Economic outlook in 2027: Positive, with continued growth in Spain’s tourism and real estate sectors.
  • Demographic developments: Increasing number of retirees and expatriates seeking coastal properties.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Estepona and surrounding areas.
  • Historical WOZ value trends: Consistent increase reflecting rising property values in the region.

Possible improvements

  • Adding a private pool or hot tub to increase luxury appeal.
  • Upgrading kitchen appliances and fixtures for modernity.
  • Enhancing outdoor living spaces with additional landscaping or furniture.
  • Installing solar panels to reduce energy costs and appeal to eco-conscious buyers.

Description

Discover this stunning ground-floor apartment in Estepona, Spain, featuring a spacious terrace and a coveted tourist license. Located just 200 meters from the Mediterranean Sea, this property offers an unbeatable combination of comfort, style, and investment potential. Situated within a charming Mediterranean-style complex, the apartment boasts a southeast orientation, ensuring abundant natural light throughout the day. The recently renovated terrace is a highlight, equipped with glass curtains, an outdoor kitchen, and elegant parquet flooring that adds warmth and sophistication. The property includes two generously sized bedrooms with thoughtfully redesigned lighting, high-quality construction materials, and a practical anti-limescale system for enhanced convenience. From the terrace, enjoy partial sea views, lush garden scenery, and views of the communal pool. This well-maintained community provides tranquil green areas, a swimming pool, parking space, and a storage room. Located just a five-minute drive from Estepona and the vibrant Duquesa Marina, residents can access a variety of restaurants, shopping, and leisure activities. The property’s tourist license, obtained this year, makes it an excellent investment opportunity with high rental potential or a perfect holiday home by the sea. With its prime location, modern amenities, and exceptional features, this Estepona apartment is a must-see for discerning buyers seeking a coastal lifestyle in Spain.

Location

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