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Apartment in Estepona, 3 bedrooms, 122 m² €895.000

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3
Bedrooms
2
Bathrooms
122 m²
Surface area
€7336
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 122 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 122 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 122 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 122 m² - Afbeelding 3
+36 photos

Analysis

Price
€895.000
Own investment (30%)
€268.500
Buyer costs
€89.500
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.670,67
Maintenance costs
-€101,67
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€170,99
Tax (19%)
-€97,13
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, golf courses, and amenities increases desirability.
  • High-quality construction and modern design attract premium buyers.
  • Environmental and energy-efficient features reduce ongoing costs, appealing to eco-conscious buyers.

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

1.39%

5 Year Return

6.95%

10 Year Return

13.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Modern, new construction with high-quality finishes enhances value appreciation.
  • Local market trends in 2027: Growing demand for coastal properties in Estepona and surrounding areas.
  • Property type: Apartments in luxury complexes tend to appreciate well, especially with amenities.
  • Economic outlook in 2027: Positive economic growth in Spain and increased foreign investment.
  • Demographic developments: Increasing expatriate and retiree populations seeking coastal living.
  • Infrastructure plans in 2027: Continued improvements in transportation, healthcare, and local amenities.
  • Historical WOZ value trends: Consistent increase in property values and local taxes over recent years.

Possible improvements

  • Adding a smart home system for enhanced convenience.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor space with landscaping or additional outdoor furniture.
  • Implementing energy-efficient upgrades like solar panels or better insulation.

Description

Discover this stunning modern apartment in the sought-after Atalaya Emotion Residential Complex, located in beautiful Estepona, Spain. This spacious 3-bedroom, 2-bathroom property, completed in 2024, offers an ideal blend of contemporary design and comfort, perfect for families or investors seeking a prime Estepona real estate opportunity. Situated on the eastern edge of Estepona, near Benahavis, the apartment benefits from a west-facing orientation, filling the space with natural light and creating a warm, inviting atmosphere throughout the day. The apartment features large bedrooms with walk-in closets, a generous terrace ideal for outdoor sunbathing, and a stylish open-plan living area. Residents enjoy access to premium communal amenities, including heated indoor and outdoor swimming pools, a jacuzzi, kids' pool, fully-equipped gym, spa, and relaxing chill-out zones. The property also includes private underground parking and an independent storage room, providing convenience and security. Located just five minutes from San Pedro Alcántara, the Atalaya Emotion complex is adjacent to Atalaya International School, making it an excellent choice for families. Nearby amenities include Mercadona supermarket, Atalaya Golf Course, and a variety of restaurants and cafes. The development is built with environmentally friendly, energy-efficient technologies, reducing both community and energy costs. This Estepona apartment offers an exceptional opportunity to enjoy luxurious living in one of Spain’s most desirable coastal locations. Whether as a permanent residence or a holiday home, this property combines modern comfort with a prime location in Estepona, Spain.

Location

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