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Apartment in Estepona, 3 bedrooms, 126 m² €490.000

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3
Bedrooms
3
Bathrooms
126 m²
Surface area
€3889
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 126 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 126 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 126 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 126 m² - Afbeelding 3
+67 photos

Analysis

Price
€490.000
Own investment (30%)
€147.000
Buyer costs
€49.000
Estimated nightly rate
€174,05
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€914,67
Maintenance costs
-€105
Cleaning costs
-€333,33
Platform fees
-€516,17
Municipal taxes
-€116,62
Tax (19%)
-€276,51
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€174,05
High season
€231
Mid season
€170,17
Low season
€140

Price determining factors

  • Property condition: Excellent, move-in ready condition.
  • Local market trends in 2027: Rising property demand in Estepona and Costa del Sol.
  • Property type: Attractive resort duplex, desirable for holiday rentals and permanent residence.
  • Economic outlook in 2027: Favorable, supporting property value growth.
  • Demographic developments: Growing expatriate community and retirees.
  • Infrastructure plans in 2027: Enhanced transport links and local amenities.
  • Historical WOZ value trends: Upward trend reflecting increasing property values.

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

7.22%

5 Year Return

36.10%

10 Year Return

72.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and modern, which supports steady appreciation.
  • Local market trends in 2027: Expected growth in Costa del Sol due to tourism and expatriate influx.
  • Property type: Duplex apartment in a resort setting, attractive for both residents and investors.
  • Economic outlook in 2027: Positive, with ongoing development and tourism growth in Spain.
  • Demographic developments: Increasing expatriate and retiree populations seeking coastal properties.
  • Infrastructure plans in 2027: Improvements in transportation and amenities in Estepona and surrounding areas.
  • Historical WOZ value trends: Consistent increase, indicating rising property values.

Possible improvements

  • Adding a private pool or jacuzzi.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor living space with additional landscaping or furniture.
  • Installing smart home technology for increased convenience.
  • Renovating bathrooms for modern aesthetics.

Description

Discover this beautifully maintained duplex apartment in Estepona, Spain, offering a perfect blend of comfort and elegance. Located within the exclusive Cortijo del Mar Resort, this fully furnished property features a spacious first-floor living area opening onto a charming terrace overlooking lush communal gardens. The modern, fully equipped kitchen includes a separate laundry room with a washing machine, while two guest bedrooms and a contemporary bathroom complete the lower level. Ascend to the upstairs master suite, which boasts a private rooftop terrace and en-suite bathroom, ideal for relaxing or entertaining. Each room benefits from individual hot and cold air conditioning, ensuring year-round comfort, and the living terrace is equipped with electric sunshades for added convenience. The property’s tasteful furnishings (optional) and included utilities make it move-in ready, complemented by a private parking space and a storage room. Situated in the prestigious El Campanario area of Estepona, this Estepona property offers secure living within landscaped tropical gardens and access to two stunning communal pools, including a lagoon-style centerpiece. The location provides easy access to golf courses like Paraiso Golf and El Campanario Golf & Country Club, along with nearby shopping and dining at El Pilar shopping center. Invest in this exceptional Estepona property for permanent residence, holiday home, or investment, enjoying the best of Costa del Sol living in Spain’s beautiful coastal town. Experience the ideal balance of tranquility, amenities, and accessibility in this sought-after Estepona location.

Location

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