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Apartment in Estepona, 3 bedrooms, 118 m² €649.000

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3
Bedrooms
2
Bathrooms
118 m²
Surface area
€5500
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 118 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 118 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 118 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 118 m² - Afbeelding 3
+29 photos

Analysis

Price
€649.000
Own investment (30%)
€194.700
Buyer costs
€64.900
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.211,47
Maintenance costs
-€98,33
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€150,41
Tax (19%)
-€188,92
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 beaches, port, and city center enhances desirability.
  • High-quality amenities including pools, gym, and secure parking.
  • Scenic sea views and outdoor spaces increase appeal.
  • Strong local tourism industry supports short-term rental potential.

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

3.72%

5 Year Return

18.60%

10 Year Return

37.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartment with recent upgrades enhances value.
  • Local market trends in 2027: Expected growth driven by tourism and expatriate demand.
  • Property type: High-demand coastal apartment type, attractive for both residents and investors.
  • Economic outlook in 2027: Positive economic growth in Spain and Costa del Sol region.
  • Demographic developments: Increasing expatriate population and retirees seeking coastal living.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities boosting accessibility.
  • Historical WOZ value trends: Steady increase in property taxes indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and finishes to modern standards.
  • Add smart home technology for increased convenience.
  • Improve energy efficiency with solar panels or better insulation.
  • Enhance outdoor spaces with landscaping or additional features.

Description

Experience luxurious coastal living in this spacious apartment in Estepona, Spain, ideally situated in the tranquil Las Mesas area just outside the vibrant town center. This stunning Estepona apartment combines serenity with convenience, offering easy access to popular beaches, the lively port, and the historic city center. The property features a generous living and dining area, a fully equipped modern kitchen with an adjacent utility room, and a luxurious en suite master bedroom. Two additional bedrooms share a stylish shower room, perfect for family or guests. Enjoy breathtaking sea views from the expansive 40 m2 covered front terrace, ideal for relaxing or entertaining, and a private 16 m2 patio at the rear. The complex boasts meticulously maintained tropical gardens, a gorgeous swimming pool, and secure video surveillance for peace of mind. Residents also have exclusive access to a heated indoor pool and gym just 400 meters from the apartment. Additional highlights include underground parking, a storage room, air conditioning with hot and cold settings, and high-speed internet. Located just a 15-minute walk to Estepona’s port and beaches and 10 minutes to a large supermarket, this Estepona apartment offers the perfect blend of comfort and convenience. Explore this exceptional property in Estepona, Spain, and indulge in the vibrant Costa del Sol lifestyle with excellent investment potential.

Location

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