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Apartment in Estepona, 3 bedrooms, 130 m² €725.000

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3
Bedrooms
3
Bathrooms
130 m²
Surface area
€5577
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 130 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 130 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 130 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 130 m² - Afbeelding 3
+22 photos

Analysis

Price
€725.000
Own investment (30%)
€217.500
Buyer costs
€72.500
Estimated nightly rate
€174,27
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.353,33
Maintenance costs
-€108,33
Cleaning costs
-€333,33
Platform fees
-€516,82
Municipal taxes
-€166,56
Tax (19%)
-€183,75
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€174,27
High season
€232
Mid season
€170,33
Low season
€140

Price determining factors

  • Property condition: Modern renovations increase attractiveness.
  • Local market trends in 2027: Rising property prices in Estepona and the New Golden Mile.
  • Property type: Premium beachfront apartment with luxury amenities.
  • Economic outlook in 2027: Stable to positive economic environment supporting property values.
  • Demographic developments: Growing expatriate and retiree population.
  • Infrastructure plans in 2027: Planned enhancements in local infrastructure and services.
  • Historical WOZ value trends: Increasing property tax assessments reflect rising 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

3.24%

5 Year Return

16.20%

10 Year Return

32.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports higher appreciation.
  • Local market trends in 2027: Expected continued growth in luxury property demand along Spain’s Golden Mile.
  • Property type: High-demand beachfront apartment, which generally appreciates well.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe, boosting real estate investments.
  • Demographic developments: Increasing interest from international buyers and retirees seeking luxury lifestyle.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Estepona and surrounding areas.
  • Historical WOZ value trends: Consistent increase in property values and local taxes, indicating rising market confidence.

Possible improvements

  • Adding a private pool or jacuzzi to enhance outdoor luxury.
  • Upgrading kitchen appliances and fixtures for modern appeal.
  • Implementing smart home technology for convenience and security.
  • Enhancing outdoor furniture and decor to boost outdoor living appeal.
  • Improving storage solutions for better functionality.

Description

Discover this fully renovated and beautifully presented property in Estepona, Spain, offering the perfect blend of modern comfort and luxurious outdoor living. The welcoming entrance hall leads into a spacious, separate kitchen with an adjoining laundry area, ideal for everyday convenience. From here, step into a bright and airy open-plan living and dining area, illuminated by large windows that open onto a generous south-facing wrap-around terrace. Partially covered, the terrace provides versatile outdoor space—perfect for relaxing, al fresco dining, or sunbathing on loungers. The master bedroom features an en-suite bathroom and direct access to the terrace, creating a private sanctuary. Two additional bedrooms and two bathrooms ensure ample space for family and guests. A practical storage room enhances the property's functionality. Located in the prestigious El Presidente development, residents enjoy beautifully maintained communal gardens, three swimming pools, paddle courts, and decorative fountains, fostering a peaceful, resort-style ambiance. Situated on Spain’s renowned New Golden Mile, this beachfront property in Estepona offers easy access to luxury beach clubs, restaurants, shops, supermarkets, and gyms within walking distance. Just a 10-minute drive to Puerto Banús and Estepona town, this Estepona property combines prime location with exceptional amenities, making it an ideal investment for those seeking a luxurious Spanish lifestyle.

Location

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