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Apartment in Estepona, 2 bedrooms, 97 m² €895.000

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2
Bedrooms
2
Bathrooms
97 m²
Surface area
€9227
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 97 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 97 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 97 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 97 m² - Afbeelding 3
+36 photos

Analysis

Price
€895.000
Own investment (30%)
€268.500
Buyer costs
€89.500
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€1.670,67
Maintenance costs
-€80,83
Cleaning costs
-€291,67
Platform fees
-€398,58
Municipal taxes
-€170,99
Tax (19%)
-€8,45
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 beach and amenities: Prime location on Paseo Marítimo.
  • Property condition: Newly renovated and furnished, adding value.
  • Market demand: High demand for holiday and investment properties in Estepona.
  • Economic factors: Stable local economy, tourism growth, and favorable exchange rates for international buyers.
  • Local developments: New infrastructure projects and urban renewal initiatives.

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

0.12%

5 Year Return

0.60%

10 Year Return

1.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Recently renovated to high standards, which enhances value and appeal.
  • Local market trends in 2027: Expected to be positive due to ongoing tourism and demand for beachfront properties.
  • Property type: Beachfront apartments tend to appreciate well in desirable locations.
  • Economic outlook in 2027: Likely stable or improving, supporting property values.
  • Demographic developments: Increasing demand from retirees and international buyers.
  • Infrastructure plans in 2027: Improvements in transportation and amenities could boost property values.
  • Historical WOZ value trends: Consistent growth in property taxes indicating rising property values.

Possible improvements

  • Adding a private pool or hot tub.
  • Upgrading to smart home technology.
  • Enhancing outdoor living space with additional furnishings or landscaping.
  • Installing energy-efficient appliances and solar panels.

Description

Discover this stunning beachfront apartment in Estepona, Spain, ideally situated on the iconic Paseo Marítimo. Recently renovated to the highest standards, this property offers an exceptional blend of panoramic sea views, modern comfort, and the relaxed Mediterranean lifestyle. Wake up to breathtaking vistas of the Mediterranean from the spacious front terrace, perfect for enjoying sunny days, sunsets, and the soothing sound of the sea all year round. The fully refurbished interior features a brand-new, fully equipped kitchen with contemporary finishes and an elegant, functional layout. The bright living-dining area seamlessly connects to the terrace, creating an inviting space for living and entertaining. The apartment includes two luminous bedrooms and two modern bathrooms, providing optimal comfort whether as a primary residence, holiday home, or lucrative investment. Located directly on the beach with immediate access to the promenade, the property is just minutes from Estepona’s charming old town, bustling with restaurants, shops, and essential services. Ready for immediate occupancy, furnished, and accessorized, this turnkey property presents a unique opportunity to own a slice of paradise in one of Costa del Sol’s most desirable areas. Experience the best of seaside living in Estepona, Spain, with this exceptional beachfront apartment offering unmatched views and convenience.

Location

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