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Apartment in Estepona, 2 bedrooms, 93 m² €595.000

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2
Bedrooms
2
Bathrooms
93 m²
Surface area
€6398
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 93 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 93 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 93 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 93 m² - Afbeelding 3
+23 photos

Analysis

Price
€595.000
Own investment (30%)
€178.500
Buyer costs
€59.500
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€1.110,67
Maintenance costs
-€77,50
Cleaning costs
-€291,67
Platform fees
-€398,58
Municipal taxes
-€138,94
Tax (19%)
-€121,58
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, town center, and marina.
  • Modern amenities including pool, gym, and landscaped gardens.
  • High energy efficiency and contemporary construction standards.
  • Potential for rental income due to tourist and expat demand.

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

2.61%

5 Year Return

13.05%

10 Year Return

26.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern finishes enhance value.
  • Local market trends in 2027: Growing demand for coastal properties in Costa del Sol.
  • Property type: Apartments in high-demand areas tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities increase desirability.
  • Historical WOZ value trends: Consistent increase in property values in Estepona and surrounding areas.

Possible improvements

  • Upgrade kitchen appliances and fixtures to premium brands.
  • Add smart home technology for enhanced convenience.
  • Improve outdoor space with additional landscaping or furniture.
  • Renovate bathrooms with modern fittings and tiles.

Description

Discover this stunning move-in-ready 2-bedroom apartment in Estepona, Spain, offering a perfect blend of modern comfort and prime location. This brand-new resale property is not from a developer, ensuring immediate availability and a direct sale. Situated in a contemporary residential complex just minutes from Estepona's beautiful beaches, vibrant town center, and marina, this apartment provides an ideal setting for both permanent living and holiday getaways. The bright and spacious first-floor layout features an open-plan living and dining area with an integrated kitchen, ideal for entertaining. The master bedroom includes a private en-suite bathroom, while a second bedroom and additional full bathroom cater to family or guests. Step outside onto a cozy terrace, perfect for outdoor relaxation and enjoying the Mediterranean climate. Included in the purchase are an underground parking space and a private storage room, offering convenience and security. The complex boasts excellent amenities, including a swimming pool, landscaped gardens, and a fully equipped gym, all designed with modern construction standards and high energy efficiency. This Estepona apartment is an excellent investment opportunity, boasting strong rental potential, or a perfect family home in the heart of Costa del Sol. Embrace the vibrant lifestyle of Estepona, Spain, with this exceptional property that combines comfort, location, and modern amenities for a truly desirable living experience.

Location

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