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Apartment in Estepona, 3 bedrooms, 120 m² €780.000

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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€6500
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 120 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 120 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 120 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 120 m² - Afbeelding 3
+13 photos

Analysis

Price
€780.000
Own investment (30%)
€234.000
Buyer costs
€78.000
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.456
Maintenance costs
-€100
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€178,25
Tax (19%)
-€136,86
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

  • Property condition: Modern renovations and furnishings increase market value.
  • Local market trends in 2027: Continued demand for properties in Estepona supports price growth.
  • Property type: Duplexes are highly sought after, commanding premium prices.
  • Economic outlook in 2027: Economic stability and growth support higher property prices.
  • Demographic developments: Growing expatriate and tourist populations increase demand.
  • Infrastructure plans in 2027: Enhancements in transportation and local services will likely elevate property prices.
  • Historical WOZ value trends: Consistent upward trend in property valuation 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

2.24%

5 Year Return

11.20%

10 Year Return

22.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The property is fully renovated and furnished, which enhances its value and appeal.
  • Local market trends in 2027: The Costa del Sol remains a popular destination for both tourists and residents, likely supporting property appreciation.
  • Property type: The duplex offers a desirable layout and modern amenities, making it attractive to a broad market.
  • Economic outlook in 2027: Spain's economy is expected to grow steadily, supporting real estate investment.
  • Demographic developments: Increasing expatriate and retiree populations in Costa del Sol boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities will likely increase property values.
  • Historical WOZ value trends: Past trends indicate steady appreciation in property values in Estepona.

Possible improvements

  • Adding a private balcony or terrace to enhance outdoor living space.
  • Upgrading kitchen appliances or finishes for a more luxurious feel.
  • Installing smart home technology for modern convenience.
  • Improving energy efficiency with solar panels or better insulation.
  • Enhancing outdoor areas, such as landscaping or adding a small garden.

Description

Discover this exquisite duplex property in the heart of Estepona, Spain, offering approximately 120 m² of stylish living space in the vibrant Costa del Sol. Fully renovated and sold furnished, this contemporary Andalusian-style home seamlessly blends modern elegance with traditional charm. The ground floor features an open-plan living, dining, and kitchen area, complemented by a charming 14 m² interior patio that fills the space with natural light and ventilation. This level also includes two bedrooms, a full bathroom, and a guest toilet, perfect for comfortable living. Upstairs, a spacious 18 m² master suite provides privacy and tranquility. Highlights include security features such as a video intercom, LED lighting, porcelain stoneware flooring, double-glazed windows, built-in wardrobes, air conditioning with heat pump, and bathrooms with underfloor heating. The modern kitchen is equipped with Bosch appliances, ready for immediate use. Located in Estepona’s historic district, this property offers easy access to pedestrian streets, flower-filled squares, renowned restaurants, and local shops, just minutes from the beach. Ideal as a primary residence, holiday home, or investment property, this Estepona duplex is situated in one of the most desirable areas of the Costa del Sol, Spain. Experience the perfect blend of traditional Andalusian architecture and contemporary design in this prime location, making it an exceptional opportunity for buyers seeking property in Estepona, Spain.

Location

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