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Apartment in Estepona, 3 bedrooms, 115 m² €480.000

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3
Bedrooms
2
Bathrooms
115 m²
Surface area
€4174
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 115 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 115 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 115 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 115 m² - Afbeelding 3
+23 photos

Analysis

Price
€480.000
Own investment (30%)
€144.000
Buyer costs
€48.000
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€896
Maintenance costs
-€95,83
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€114,50
Tax (19%)
-€256,16
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

  • Proximity to beach and port: High desirability increases value.
  • Community amenities: Pool, security, and furnished status add value.
  • Location: Prime beachside position in Estepona.
  • Property features: Modern fittings, sea views, and spacious terrace.
  • Market demand: High demand for luxury rentals and holiday homes.

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

6.83%

5 Year Return

34.15%

10 Year Return

68.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and renovated, likely to attract higher ROI.
  • Local market trends in 2027: Expected growth due to tourism and expatriate influx.
  • Property type: Apartments in high-demand beachside locations tend to appreciate well.
  • Economic outlook in 2027: Positive, with tourism and real estate sectors expected to grow.
  • Demographic developments: Increasing expatriate and retiree populations boosting demand.
  • Infrastructure plans in 2027: Improvements in transportation and amenities could enhance property value.
  • Historical WOZ value trends: Consistent upward trend in property taxes indicating rising property values.

Possible improvements

  • Adding a private balcony or terrace with outdoor furniture.
  • Upgrading kitchen appliances or finishes for a more luxurious feel.
  • Installing smart home technology for added convenience.
  • Enhancing outdoor communal areas or adding recreational facilities.
  • Improving energy efficiency with solar panels or better insulation.

Description

Discover this beautifully renovated 3-bedroom apartment in Estepona, Spain, perfectly situated just steps from the lively Estepona Port on the Costa del Sol. This stunning property offers modern, open-plan living with breathtaking sea views and prime beachside access. Featuring three spacious double bedrooms, including a luxurious master suite with an ensuite bathroom, this apartment combines comfort and style. The bright living area seamlessly extends onto a generous south-east facing terrace, ideal for relaxing while enjoying marina and sea vistas. The fully equipped kitchen includes a convenient utility room with a washer and dryer, making daily living effortless. Residents benefit from an impeccably maintained community with a large swimming pool, shaded lounging areas, and a separate children’s pool—perfect for families seeking leisure and relaxation. The apartment comes fully furnished, ready for immediate move-in, and includes underground parking and a spacious storage room. Key features include high-speed WiFi, marble floors, double glazing, air conditioning (hot & cold), fitted wardrobes, an entry phone security system, and a lift. Located in a prime beachside position in Estepona, this property is within walking distance of the port, shops, restaurants, beaches, schools, and the vibrant town center. An excellent opportunity for those seeking a luxury residence or investment property in Estepona, Spain, with excellent rental potential and lifestyle benefits.

Location

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