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Apartment in Estepona, 3 bedrooms, 110 m² €777.000

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3
Bedrooms
2
Bathrooms
110 m²
Surface area
€7064
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 110 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 110 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 110 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 110 m² - Afbeelding 3
+8 photos

Analysis

Price
€777.000
Own investment (30%)
€233.100
Buyer costs
€77.700
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.450,40
Maintenance costs
-€91,67
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€177,61
Tax (19%)
-€139,62
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€163,38
High season
€221
Mid season
€159,92
Low season
€129

Price determining factors

  • Location in Estepona: Prime coastal area with high demand.
  • Property features: Modern design, private terrace, high-quality finishes.
  • Amenities: Access to pools, gyms, landscaped gardens increases desirability.
  • Market competition: Limited supply of similar luxury apartments in the area.

Comparable accommodations

Rate Hotel / apartment Distance
€185 Entire House with Terrace in Marbella 21.4 km
€382,40 Three bed house with pool 50 metres from the beach 16.5 km
€175 Chic 3BR Townhouse on the Beach + Pool + Parking 10.5 km
€281,20 Ocean Front Villa w/Private Pool 10.5 km
€421 Calm Villa · Private Infinity Pool 7.9 km
€159,80 Lucia's home, beach and mountains. 11.3 km
€294,40 Villa with pool near the beach for families 3.8 km
€195,20 Justine's Houses - Casa Carmen 18.0 km
€125,60 Beautiful house with a private pool. 18.5 km
€147,20 Casa Azul 18.6 km

Return & Value appreciation

Annual return

2.30%

5 Year Return

11.50%

10 Year Return

23.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern construction enhances value.
  • Local market trends in 2027: Expected growth in luxury coastal properties.
  • Property type: Apartments in high-demand gated communities tend to appreciate.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports real estate appreciation.
  • Demographic developments: Increasing demand from expatriates and retirees.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities boost property values.
  • Historical WOZ value trends: Consistent increase indicates rising property worth.

Possible improvements

  • Upgrade kitchen appliances and fixtures to premium brands.
  • Add smart home technology for increased convenience.
  • Enhance outdoor space with additional landscaping or outdoor furniture.
  • Implement energy-efficient solutions to reduce utility costs.
  • Renovate bathrooms with modern fixtures and finishes.

Description

Discover this stunning modern three-bedroom apartment in the prestigious gated community of Alexia, located in the sought-after coastal town of Estepona, Spain. Built in 2023 and meticulously maintained, this contemporary property offers 232 square meters of elegant living space, including an expansive 83-square-meter private terrace—perfect for enjoying the Mediterranean climate. The apartment features three spacious bedrooms with built-in wardrobes and two luxurious bathrooms, all finished to the highest standards. An open-plan living and dining area with large windows floods the space with natural light and offers unobstructed views of the surroundings. The stylish, fully equipped kitchen combines functionality with modern design, ideal for everyday living. The highlight is the impressive private terrace, ideal for al fresco dining, entertaining, or relaxing outdoors. The apartment is offered turn-key, with furnishings, linens, and patio furniture included. Residents of Alexia enjoy access to a range of amenities, including a swimming pool with sun loungers, landscaped gardens, a fully equipped gym, and recreational rooms for darts and table tennis. The secure complex offers peace of mind and a high standard of living, making this Estepona apartment perfect for both personal residence and investment opportunities. This property exemplifies modern luxury living in Estepona, Spain, blending comfort, style, and prime location in one exceptional package.

Location

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